Home  »  Company  »  Cords Cable Industries Ltd.  »  Quotes  »  Company History
Enter the first few characters of Company and click 'Go'

Cords Cable Industries Ltd. Company History and Annual Growth Details

Our Company was incorporated on October 21, 1991
as Cords Cable Industries Private Limited by a group
of three professionals, Mr. Naveen Sawhney,
Mr. D.K. Prashar and Mr. Rakesh Malhotra
with an objective to cater to the growing requirement
for high quality.Customised cables. One of our main
objects was to acquire and take over as a going concern
the partnership business carried on under the name and
style of Cords Cable Industries.

We started our operations by manufacturing co-axial
cables and instrumentation cables at our production unit
at Okhla Industrial Area, New Delhi.Thereafter,
we took over the business of the partnership concern M/s
Cords Cable Industries as a going concern along with all
assets and liabilities with effect from May 1, 1992.
M/s Cords Cable Industries was established on
October 23, 1987 to manufacture and trade cables.
The firm was jointly formed by Mrs. Santosh Malhotra,
Mr. Chanan Lal Sawhney, Mr. B.D. Prashar, Mr. A.M. Sanghvi
and Mr. Vimal Dev Monga. Pursuant to the takeover,
the said partnership concern ceased to exist with effect
from May 1, 1992.

Our promoters are from engineering and management disciplines.
They have been associated individually with the Cable Industry
for over thirty years and have varied experience in the areas
of manufacturing,marketing etc. in the Cable Industry.
Our Company became a deemed public limited company w.e.f July 1,
1997 and restored its status of private limited company
again w.e.f February 6, 2003. Our Company gotvconverted
into a public limited company vide a certificate of
incorporation dated May 10, 2006.

To keep up the growth momentum, we added control cables
and customized instrumentation cables to our product portfolio.
In line with our vision to go up the value chain and to increase
our production capacity, we set up a state of the art manufacturing
facility at Chopanki, Dist. Alwar, Rajasthan in 2003-04 of approx
45,000 sq.ft. covered area. This enabled us to diversify our product
range so as to cater to the cable requirements of the energy and
infrastructure sectors of our country. In November 2006,
we increased the capacities for existing products and expanded
our factory from 45,000 sq. ft.covered area to 92,000 sq. ft covered area

Over a period of time, we have expanded our product range
and have added a variety of speciality cables in our product range.
At present we are focusing on LT cables, control & instrumentation
cables and speciality cables. In the proposed expansion project,
we plan to add HT cables and Rubber cables to our existing product
portfolio.We cater to a majority of core industries such as power,
cement, chemicals,petrochemicals,steel etc. Our clientele includes
blue chip companies like BHEL L&T, NTPC, Reliance Energy Ltd. and others.

We are an ISO 9001:2000 accredited company and hold BIS certification
for all types of cables conforming to IS:1554(1)/1988 and IS:694-90.

At the time of incorporation, the registered office of our
Company was situated at C-25, Lajpat Nagar-III, New Delhi - 110024.
With effect from March 1, 2005,our registered office was shifted
to B-1 / A-26, Mohan Cooperative Industrial Estate,Mathura Road,
New Delhi - 110044.Our Company’s growth over the last 15 years
is highlighted below:

Year Event

1991 Incorporated as a Private Limited Company

1991 Commenced manufacturing of Control Cables and Customised
Instrumentation Cables.

1992 Took over the business of the partnership firm M/s Cords
Cables Industries as a going concern

1996 Manufacturing unit was shifted from Naraina Industrial
Area to Mohan Co-operative Industrial Estate

1997 Company became Deemed Public Limited Company

1998 Obtained ISO 9002:1994 certificate from Underwriters
Laboratories Inc. for drawing and insulating of non-ferrous
wire, manufacture of PVC/PE insulated copper/aluminium conductor,
armoured/unarmoured, for instrumentation, power, control,
radio frequency co-axial, telephone including jelly filled (upto
100 pair capacity), thermocouple extension and compensating cables.

2003 Set up a state of the art manufacturing facility at
Chopanki, Dist. Alwar, Rajasthan, having covered area of over
45,000 sq. ft, giving a two-fold jump to the revenue

2004 Obtained ISO 9001:2000 certificate from Quality
Certification Bureau Inc. for manufacture and supply of power,
control, instrumentation, signalling,communication, thermocouple
and panel wires & cables.

2004 Registered our logo CORDS with the Trade Mark Registry and a
certificate of registration was issued to us

2004 Enrolled as a member of PHD Chamber of Commerce and Industry.

2006 Completed the first phase of our expansion whereby the
total covered area of our factory increased from 45,000 sq.
ft. to 92,000 sq. ft.

2006 Converted into a Public Limited Company

2007 Gross turnover crossed Rs. 100 crores.

2008

- The Company received the Award as "Best under a $ Billion" recognised by Forbes magazine - a listing of best companies in Asia-Pacific region .

2011

- The Company was awarded The International Quality Crown Award (Gold Category) by Business Initiative Directions (BID).

2012

- The Company recognised as the 513th fastest growing company in the World.

- The Company was awarded as "Ratna Shiromani Award" for excellence in manufacturing and marketing of special screened communication cables.

- The Company has Bagged an Export Order from its worldwide recognized French Customer for Supplies to the state of Kuwait.

2013

-"Cords Cable Industries has bagged prestigious Large Value Orders from one of the Worlds Largest EPC and Contract Mining Organisation".

-Cords Cable bags Rs 80 mn orders from Leighton Welspun Contractors.

2015

-Cords Cable bags Rs 157 mn order from Welspun Energy for the development of 100-MW Solar Project in the state of Tamil Nadu.
-Cords Cable Industries Ltd Registered Office of the Company has been changed to 94, 1st Floor, Near Shambhu Dayal Bagh, Old Ishwar Nagar, Okhla Industrial Area Phase-Ill, New Delhi-110020.
Get Instant News Updates
Enable
x
Notification Settings X
Time Settings
Done
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X