The company was incorporated as ‘Polycab Wires Private Limited’ on January 10, 1996 at Mumbai as a private limited company under the Companies Act, 1956. 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 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 company with effect from June 15, 2001. Subsequently, the company was converted into a public limited company, the word ‘private’ was struck off from the name of 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 company’s name to ‘Polycab Wires Limited’. Thereafter, the name of company was changed from ‘Polycab Wires Limited’ to ‘Polycab India Limited’, and a fresh certificate of incorporation dated October 13, 2018 was issued by the RoC.

It is the largest manufacturer in the wires and cables industry in India, in terms of revenue from the wires and cables segment and provide one of the most extensive range of wires and cables in India.

Business area of the company

Polycab India is engaged in the business of manufacturing and selling wires and cables and fast moving electrical goods (FMEG) under the ‘POLYCAB’ brand. Apart from wires and cables, it manufactures and sells FMEG such as electric fans, LED lighting and luminaires, switches and switchgears, solar products and conduits and accessories.

Products:

• Cable and wires
  
• Fans
  
• Lighting and Luminaries
  
• Switches
  
• Solar products
  
• Switchgears
  
• Conduits and Accessories
  
• Pumps
  
• Appliances
  
• EPC

Awards and Recognition:

• 2018: National Best Employer Brand, 2018 - Employer Branding Institute - India.
  
• 2017: Superbrands 2017 by the Superbrands India Private Limited.
  
• 2015: 29th Annual Chapter Convention on Quality Concepts - CCQC - 2015, Gold Trophy.
  
• 2015: 29th Annual Chapter Convention on Quality Concepts - CCQC - 2015, Silver Award.
  
• 2015: 29th Annual Chapter Convention on Quality Concepts - CCQC, Excellence Award.
  
• 2014: 28th Annual Chapter Convention on Quality Concepts - CCQC -2014, Gold Trophy.
  
• 2014: 28th Annual Chapter Convention on Quality Concepts - CCQC - 2014, Silver Trophy.
  
• 2014: 28th National Convention on Quality Concepts - NCQC - 2013, Par Excellence Award.
  
• 2014: 28th National Convention on Quality Concepts - NCQC, Excellence Award.
  
• 2018: Polycab honoured with ACETECH Grand Stand Awards for stall design in Delhi in Dec 2018.
  
• 2019: Polycab honoured with ACETECH Grand Stand Special Jury Recognition for stall design in Mumbai in 2019.

Major Events & Milestones:

• 1996: The company was incorporated on January 10, 1996 at Mumbai.
  
• 1998: The company set up a manufacturing facility for PVC insulated power cables house wires, polyethylene insulated jelly filled telephone cables, optical fibre cables, switch board cables and quad cables at Daman.
  
• 2008: The turnover of company increased from over Rs 10,000 million in Fiscal 2006 to over Rs 21,000 million in Fiscal 2008.
  
• 2009: Investment from IFC in Company of Rs 4,017.50 million.
  
• 2011 Polycab Industries Private Limited was amalgamated into company pursuant to a scheme of amalgamation.
  
• 2011: The turnover of company increased to over Rs 31,000 million.
  
• 2013: The company entered into the switch and switchgears segment.
  
• 2014: The company entered into the fans and LED lighting segment.
  
• 2014: The company set up manufacturing facilities for MCBs at Nashik, Maharashtra.
  
• 2016: The company set up manufacturing facilities for ceiling fans at Roorkee, Uttarakhand.
  
• 2016: The company entered into an agreement with Trafigura Pte. Limited to form a joint venture, Ryker Base Private Limited for setting up a copper rod manufacturing plant.
  
• 2016: The company set up a modernized facility for manufacture of higher voltage cables up to 220 kV at Halol, Gujarat.
  
• 2017: The company entered into an agreement with former promoters of Techno Electromech Private Limited in respect of acquisition of a joint venture, Techno Electromech Private Limited for manufacturing LED lighting products.
  
• 2019: Polycab India inaugurates Polycab Experience Centre in Pune.
  
• 2019: Polycab India inks agreement with Adfactors PR
  
• 2020: Polycab India has incorporated a wholly owned subsidiary (WOS) company named Polycab USA LLC with effect from January 27, 2020.
  
• 2020: Polycab India launches Experience Centre & Branch Office in Kerala.
  
• 2020: Polycab India has incorporated a Wholly Owned Subsidiary in Australia under the name and style of ‘Polycab Australia’ on July 1, 2020.