MR. NIRMAL SARAF
Q.Can you provide an overview of Nirmal Wires’ product spectrum, and how do you envision its expansion in the coming years?
At Group Nirmal, we have embarked on a journey of continuous innovation, driven by a commitment towards re-imagineering tomorrow. Our product portfolio has evolved significantly over the years and now includes over 1000 SKUs across diverse categories. We also recognize the growing importance of sustainable energy solutions and are strategically expanding our focus on Aluminum Conductors and power cable solutions through leveraging cuttingedge technology and a robust R&D framework. We cater to a wide range of industry requirements, from power transmission and distribution to construction, infrastructure, general engineering and agriculture. This strategic diversification, coupled with our unwavering commitment to customer satisfaction and a strong emphasis on after-sales service, positions Group Nirmal as a leading force in the wire and cable industry.
Q.How has 2024 been for Nirmal Wires in terms of business growth and technological advancements?
What milestones have you achieved? 2024 has been a year of significant strategic growth and expansion for Group Nirmal. A key milestone was the acquisition of an Aluminum rod plant in Khurda, a move that added 50,000 Metric tons of production capacity and introduced EC grade aluminum wire rods to our product portfolio. Furthermore, the acquisition of Cee Dee Metalloys, a pioneer in zinc wire and rod manufacturing unit in Bangalore substantially boosted our production capacity by 70 Metric tons, significantly broadened our product offerings to include Zinc wires, Zinc rods, and Zinc Aluminum (Zn Al) wires. These strategic acquisitions have not only strengthened our market position but also enhanced our ability to cater to the evolving demands of our diverse customer base. In terms of quality and recognition, 2024 witnessed the accreditation of our in-house Quality Control lab at our Deulti by NABL, a testament to our commitment to maintaining the highest quality standards. We also achieved a significant milestone by receiving our JIS Certification after a rigorous audit process, further solidifying our position as a trusted provider of high-quality products in the global market.
Q.As sustainability becomes a core focus in the industry, does Nirmal Wires have plans to venture into the solar segment?
With India’s ambitious renewable energy targets, particularly in solar power, we are poised to leverage our expertise and manufacturing capabilities to contribute significantly to this sector’s growth. We have a long-standing commitment to providing highquality, reliable cable solutions that meet the evolving demands of the industry. Our comprehensive range of cables, including LT PVC, XLPE, and AB cables, are engineered with meticulous attention to detail, incorporating advanced technologies to ensure optimal performance in challenging environments. We understand the critical role of reliable power transmission in harnessing solar energy effectively. Therefore, we are dedicated to developing innovative solutions that address the specific requirements of solar installations, such as high temperature resistance and excellent insulation properties. Our aim is to consistently exceed industry standards for quality and safety to empower the solar sector with reliable and efficient cable solutions, contributing to a sustainable and energy-independent India.
Q.Could you share some key technical specifications of your products, such as Galvanized Wires, HTGS Earth Wires, and ACSR Core Wires?
Nirmal’s Galvanised wires, known for their durability and corrosion resistance, are produced from premium steel wire rods and undergo a hotdip galvanization process, resulting in a zinc coating that safeguard against rust. They are available in various diameters, with a range of tensile strength and zinc coating options. Moving beyond GI wires we have Stay and Earth wires, often referred to as HTGS (High Tensile Galvanized Steel) wires or Guy wires/ Shield Wires. These are high-strength stranded steel wires, manufactured from premium steel and are integral for ensuring the stability and safety of critical infrastructure. Typically stranded for enhanced flexibility, stay wire provide vital support to transmission towers and poles by counteracting forces of wind and other external factors. Meanwhile, Earth wires, renowned for their exceptional tensile strength and durability, play a crucial role in grounding electrical systems, safeguarding against lightning strikes and ensuring the safety of personnel and equipment. Finally, our ACSR Core Wires are the backbone of high-voltage transmission lines. These critical components, manufactured from premium steel wire rods provide the necessary reinforcement for longspan conductors, enabling them to withstand the immense mechanical stresses encountered during operation. Available in both single and stranded configurations, ACSR Core Wires offer exceptional strength and fatigue resistance, ensuring the reliable and safe transmission of electricity across vast distances.
Q.What are your expectations for the Indian wire industry in 2025?
Do you believe there are any specific policy changes needed from the government to foster growth in this sector? The Indian wire industry is poised for substantial growth in 2025, driven by the performance of the domestic iron and steel sector. 2024 marked a healthy growth trajectory which was driven by strong domestic demand from key sectors like construction, infrastructure, and automotive. The total consumption of finished steel amounted to approximately 136 million tonnes in the fiscal year 2023-24, marking a growth of over 14%. This robust demand, coupled with government initiatives such as the National Infrastructure Pipeline, the Production Linked Incentive (PLI) scheme for specialty steel, and the Domestically Manufactured Iron & Steel Products (DMI&SP) Policy have created a favourable environment for the wire industry. The increasing focus on domestic steel production and self-reliance will soon reduce reliance on imports, leading to improved price stability and a more predictable supply chain for raw materials. This stability, in turn will benefit the wire industry by reducing input costs and enhancing operational efficiency. However, to further foster growth in this sector, several policy changes are crucial. Firstly, the government needs to continue supporting the domestic steel industry through initiatives that enhance its competitiveness, such as promoting research and development in advanced steelmaking technologies and facilitating the adoption of energy-efficient production processes. Streamlining regulatory approvals and simplifying land acquisition processes for new wire manufacturing facilities will expedite project timelines and boost investments in the sector. Finally, fostering closer collaboration between the steel and wire industries through industry associations and knowledgesharing platforms will facilitate technology transfer and promote the development of innovative wire products tailored to the specific market needs.
Q.With the upcoming Elecrama 2025, following its successful 15th edition, what are your expectations from this mega event and what will be the key highlights for Nirmal Wires?
We believe that Elecrama 2025 will be a vital platform to discuss and promote efficient energy solutions, drive adoption of renewable technologies and help coordinate efforts to achieve a greener and more sustainable energy future for India. Hence, we have planned on showcasing our latest advancements and strengthening industry collaborations at this event. We are excited to unveil our expanded aluminum capabilities, including a diverse range of high-performance products such as EC Grade & Alloy aluminum rods, AL-59 rods, and specialized conductors like ACAR, ACSS & AACSR. We will also highlight our growing presence in the cable market with the Nirmal Cables brand, showcasing our production of LT PVC, LT AB, and LT XLPE cables. Given the rising demand for our cable products, we will likely discuss potential expansion plans in cable manufacturing capacities. Furthermore, our recent acquisition of Cee Dee Metalloys allows us to offer a comprehensive range of high-quality zinc products, including zinc and zinc aluminum wires, and zinc rods
