Page 11 - Manufacturing Heroes 2022
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As India’s No.1 and largest cable   Aatmanirbhar (self-reliant), proudly   giving 50 years of life,” informs the CEO.
           manufacturer for renewables and    serving world-class products to the   He further adds: “With a new brand
           specialty cables, APAR caters to   Indian market and further raising the   ambassador, growing trust and network
           various sectors like railway locomotives,   benchmark for the industry,” states   expansion across India, the LDC
           coaches, naval ships, submarines,   Shashi Amin, CEO (Cable Solutions),   business is setting higher targets for FY
           solar, windmill, hybrid cables &   APAR.                              23. To cater to multiple cable solutions
           harnesses. It also offers a wide range   APAR is an innovative Indian supplier   needs, we have introduced a range of
           of telecommunication cables as well as   to the nuclear power industry. As one   innovative products which are trusted by
           general purpose cables.            of the largest cable exporters and a   15,000+ electricians, and 1,000 retailers
             Over the years APAR’s cable division   leader in CATV/ broadband fibre optic   in Kerala and Gujarat. In FY 23 we will
           has pioneered manufacturing a range   cables, the company also provides   further expand our business in the other
           of LV/MV/HV XLPE power cables up to   specialist technical services, cable   states viz. Andhra Pradesh, Telangana,
           66 kV, flexible house wires & cables,   design and other value-added services.   Tamil Nadu, Karnataka, Maharashtra,
           elastomeric cables, electron beam(e-  18 UL approvals for product quality   Delhi, Haryana, Assam and West
           beam) irradiated cables, optical fiber   have enabled the company to sell its   Bengal.”
           and specialty hybrid cables. All these   products to the US markets.  There is   ‘Safety First’ forms the basis for all
           cables are produced at APAR’s two   also a growing demand for its products   product developments, manufacturing
           world-class manufacturing facilities at   in Africa, Middle East, Australia and   and the cable solutions business at
           Umbergaon and Katalwada, in Gujarat,   Europe. “Renowned for our product   APAR. Its flagship house wire brand
           India. The company takes pride in being   quality and manufacturing capabilities,   APAR Anushakti is a revolutionary
           India’s largest manufacturer of e-beam   we are committed to raise the Indian   product which serves the nation with the
           cables, with three e-beam accelerators   flag as a trusted brand amongst major   need of the hour. “Buildings consume
           (1.5 MeV, 2.5 MeV and 3 MeV). A    OEMs, utilities, power generation, and   around 30% of India’s electricity. Two-
           new e-beam accelerator of 2.5 MeV is   transmission & distribution companies   thirds of the total buildings which will
           under installation at the Khatalwada   globally,” remarks Amin.       exist by 2030 are yet to be built. We can
           plant. Its facilities also hold all the                               equip buildings with wires which have
           necessary internationally renowned   On a growth trajectory           new levels of safety, current carrying
           certifications, including EN 50618, TUV   “In FY 2022 our cables witnessed a   capacity and energy saving features,
           2pfg1990/5.12, IEC 62930:2017 &    revenue growth of 57% and EBITDA   provided the same is included in the
           UL 4703.                           growth of 82%. Exports contributed to   design stage,” points out Amin.
             Backed by extensive R&D facilities   36% of our total revenue from the cable   “The Wire and Cable industry was
           and a strong research team, APAR has   business. In the same year, our Light   about INR 58,000 crore in FY 22 and we
           introduced a comprehensive range of   duty cables (LDC) business saw a sharp   expect it to grow at a CAGR of above
           application-specific wires and cables   growth and to boost that further we are   10%. APAR has been working diligently
           in more than 100 countries around   eager to expand our distribution network   to create awareness of its innovative
           the globe. APAR is a trusted domestic   to ensure timely availability of our   LDC range among all the stakeholders
           partner, serving all major naval   best-in-class APAR Anushakti  which   through BTL, ATL and digital routes,”
           shipyards and private shipyards. As a   is powered by e-beam technology, heat   says Shashi Amin, unfolding his growth
           highly reputed supplier, the company   resistant at 105 C, melt-resistant and   strategy.
                                                          o
           also caters to Indian defence, developing
           and supplying specialised OFC cables,
           tactical cables, and submarine and
           torpedo cables, to name a few. This
           range of cables is specially developed as
           import substitutes to support the Indian
           Army and Navy
              “With our superior product range,                           APAR Industries Limited: Khatalwada Plant, Gujarat
           we are on the path of making India





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