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Belden to pour Rs 110 cr in Pune unit

Thursday, 15 Nov 2018
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Belden a US-based manufacturer of networking, connectivity, and cable products will begin its Phase-II of investment in its plant at Chakan in Pune, Maharashtra.

The company will be making an additional investment of Rs 110 crore in the unit. It has already made an investment of Rs 250 crore in the Phase-I where it is setting up its first manufacturing plant in the country. The investments will be completed by 2019, and by then the plant will have total output of Rs 150 crore.

The company’s production started in September 2018. The unit will manufacture all its products such as cables for industrial and building automation, Ethernet switches, optical fibre, copper connectivity and broadband products among others. At its full capacity in 2019, the unit will employ more than 300 people.

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