Polycab Wires

There is no doubt about its reputation as Polycab wires is one of the oldest electric wire companies in India. Based in Mumbai, they have several other branches throughout India. They are well known for making varieties of wires and cables by using different metals. The oxygen-free wires and cables are highly durable and can be used in various ways. Polycab wires are also top 10 copper wire companies in India.

Company History: Polycab Wires

In 1964, Late Thakurdas Jaisinghani had established ‘Sind Electric Stores’, which dealt in various electrical products including fans, lighting, switches, and wires. Subsequently, the family business was managed from 1968 by Girdhari T. Jaisinghani, Inder T. Jaisinghani, Ajay T. Jaisinghani and Ramesh T. Jaisinghani being sons of Late Thakurdas Jaisinghani. The family founded a partnership firm in the name of ‘Thakur Industries’ under the Indian Partnership Act, 1932.

Subsequently, the partners of ‘Thakur Industries’ entered into a lease agreement with MIDC in 1975 in respect of a parcel of land at Andheri, Mumbai for the purposes of setting up a factory for manufacturing cables and wires which was in operation until 1984.

In 1983, ‘Polycab Industries’, a partnership firm founded by Girdhari T. Jaisinghani, Inder T. Jaisinghani, Ajay T. Jaisinghani and Ramesh T. Jaisinghani, was registered as a small scale industrial unit by the Directorate of Industries, Government of Gujarat in respect of a factory located at Halol for manufacturing/processing activity of PVC insulated wires and cables, copper and aluminium and bare copper wire.

In 1996, the Company was incorporated as ‘Polycab Wires Private Limited’ at Mumbai as a private limited company under the Companies Act, 1956.

In 1998, ‘Polycab Industries’ was subsequently converted into a private limited company as ‘Polycab Industries Private Limited’ under the Companies Act, 1956. Polycab Industries Private Limited was subsequently amalgamated with the Company in 2011.

In 2000, the Company became a deemed public limited company under Section 43A(1) of the Companies Act, 1956, and the word ‘private’ was struck off from the name of the Company with effect from June 30, 2000.

Thereafter, the Company was converted into a private limited company under section 43A(2A) of the Companies Act, 1956, and the word ‘private’ was added in the name of the Company with effect from June 15, 2001.

Later, the Company was converted into a public limited company, the word ‘private’ was struck off from the name of the Company and consequently, a fresh certificate of incorporation dated August 29, 2018 was issued by the Registrar of Companies, National Capital Territory of Delhi and Haryana (“RoC”), recording the change of the Company’s name to “Polycab India Limited (Formerly Known as Polycab Wires Limited)”.

Awards & Recognitions: Polycab Wires

The company has received several prestigious awards and recognitions for its meritorious services in the industry. Being one of the top 10 wire companies in India, Polycab Wires have set a benchmark in the electric industry in recent times.

Polycab Green Wire Revolution

The Power of Green: With the rise in global warming the world needs wires that are eco-friendly, safe and deliver high performance. Combining breakthrough engineering with meticulously selected materials, Polycab has introduced ‘Green Wires’ conforming to stringent European norms in environmental sustainability and cable safety. The Polycab Green Wire is energy efficient, recyclable, is RoHS compliant, has low smoke density and emits fewer toxic gases in extreme fire situations, thus making it the preferred choice for Green Buildings.