RR Kabel to buy Usha Martin’s UM Cables for ₹77 crore to foray into OFC business
"Importantly, we are acquiring an established operating platform with ready manufacturing assets, existing approvals and a demonstrated track record. This gives us a strong foundation in OFC while significantly shortening the time required to build these capabilities organically," said Rajesh Kabra, joint managing director, RR Kabel Limited.