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Runaya sets up plant to manufacture FRP rods

Monday, 11 Oct 2021
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Runaya has set up a plant for manufacturing fibre reinforced plastic (FRP) rods at Silvassa, aimed at leveraging the growing need for optical fibre cables in the telecom sector.

FRP rods are an integral component of the telecommunications industry used to provide structural strength and protection to optical fibre cables (OFC).

The requirement and demand for FRP rods is expected to increase significantly with the advent of 5G technology and its penetration and expansion in India. The plant has a capacity to produce one million km of FRP rods per year.

Apart from meeting the domestic demand, Runaya will also cater to major Global OEMs and produce locally for global market.

Runaya is targeting a revenue of Rs 100 crore for the FRP plant at the current full capacity and plans to double the capacity of the plant in 2022.

 
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