RR Kabel has laid out a growth roadmap under its three-year strategic plan, “Project R Rise.” The plan projects an 18 percent CAGR in its wires and cables business, with exports scaling up to 1.8x the current size and overall capacity expected to grow by 1.7x.
The company will add 36,000 tonne (MT) of manufacturing capacity for wires and cables at its Waghodia plant in Gujarat. This addition, to be implemented in phases by March 2028, will require an investment of Rs 1,050 crore, funded through internal accruals and debt. Additional expansions are planned at its upcoming units in Silvassa, and Daman & Diu. The Waghodia capacity enhancement comes on top of a previously announced 12,000 MT addition, expected to go live by March 2026.
The new 6,000 MT proposed expansion at Silvassa is slated for completion in a phased manner by December 2026. It also expects its fast-moving electrical goods (FMEG) segment to grow at a 25 percent CAGR over the same period.
As RR Kabel leverages both domestic demand and export growth, its capex-heavy strategy signals an assertive push to consolidate its market share and elevate its global footprint in the wires and cables sector.