NKT, a leading power cable manufacturer, has entered into a long-term agreement with Hydro to secure a supply of low-carbon aluminium wire rod through 2033. The deal, estimated to be worth €1 billion (approximately $1.1 billion), is subject to variables including volume, contract duration, and future metal market prices. NKT…

In a groundbreaking achievement, C-DOT, in collaboration with Sterlite Technologies Limited (STL), has successfully demonstrated India’s first Quantum Key Distribution (QKD) transmission over a 4-core Multi-Core Fibre (MCF) — a major milestone in the country’s journey toward quantum-secured communication networks. Multi-Core Fibre (MCF) technology revolutionizes data transmission by enabling the…

LS Cable & System Ltd. (“LS C&S”) is pleased to announce that its U.S. subsidiary, LS GreenLink USA, Inc. (“LS GreenLink”), has been awarded US$99,060,000 in investment tax credits by the U.S. Department of Energy. The credits were granted under Section 48C of the Inflation Reduction Act of 2022, also…

Yazaki, a $17 billion legacy Japanese automotive parts giant with a presence in 46 countries, is expanding its footprint in India with nearly one million square feet across NCR, Hosur, and now Chennai. This expansion is in partnership with Horizon Industrial Parks, Blackstone’s logistics platform in India, renowned for its…

KEC International Ltd., a global infrastructure EPC leader and an RPG Group company, has secured new orders worth INR 1,236 crores across multiple business segments. Transmission & Distribution (T&D):The business has secured orders for T&D projects in India and Middle East: Civil:The business has secured an order for a Residential…

Nexans has recently announced that it has entered into exclusive negotiations to sell its industrial cable division, Lynxeo, to Latour Capital, a France-based private equity firm, for an enterprise value of €525 million. This proposed transaction aligns with Nexans’ strategy to refocus as a Pure Electrification Player by exiting the…