On May 23, 2025, Group Nirmal announced a major capital expenditure to expand its output. The company will invest INR 1 billion (about USD 12 million) this fiscal year to boost steel wire and aluminium production. According to the company-issued release, steel wire capacity will increase by 7,000 tonnes per month and aluminium capacity by 5,000 tonnes per month. The bulk of the investment will equip the Khurda (Odisha) plant, with the remainder directed to the Deulti (West Bengal) facility.
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Image source: https://www.groupnirmal.com/
Company director Varun Saraf explained that the project is on a fast track, “Given our ongoing production cycle and short lead times, we aim to complete this expansion within the current calendar year to meet growing demand efficiently,” he said.
Group Nirmal is a major Kolkata‐based wires and cables conglomerate founded in the 1970s. It is an INR 2,000‑crore (USD 240 million) company with advanced facilities for producing steel wires, aluminium conductors, cables and hot-rolled steel products.
The group operates multiple plants (primarily in West Bengal and Odisha) with a combined annual capacity of roughly 216 thousand tonnes of wire. Its diverse product range – from galvanised and black steel wires to welding electrodes, aluminium conductors and insulated cables – serves industries including power transmission, electrical engineering, security fencing, construction, agriculture and railways. With over a thousand employees across its facilities, Group Nirmal has built a reputation for quality and innovation.
The firm says this capacity push is driven by strong market demand. Group Nirmal expects rising orders from core sectors – notably power generation and transmission, infrastructure and construction, agriculture (e.g. fencing and cage), railways and general engineering – to absorb the extra output. By expanding its manufacturing lines now, the company aims to stay ahead of a broader upswing in India’s infrastructure and electrification projects.
The announcement emphasised that the funds will enhance product quality and lead‐time efficiency at the upgraded plants, reinforcing the group’s reputation for high-grade wire and cable components.
The INR 1 billion capex by Group Nirmal comes amid a buoyant period for India’s power and construction industries. As national electrification, smart‐grid, and railway programs accelerate, demand for steel wires, aluminium conductors, and related products has surged. Analysts say investments like this reflect the industry’s response to government initiatives (such as “Make in India” and infrastructure schemes) that require more domestic capacity.
In targeting power, railways, fencing and agricultural hardware markets, the expansion aligns with India’s push for self-reliance in steel and wire production. With bigger order books in hand, Group Nirmal is positioning itself to supply not just public utilities and grid projects but also private engineering and rural sector needs. The added capacity should also help the company improve delivery schedules and bulk pricing, further strengthening its competitive edge.
Group Nirmal’s leadership underscores that the expansion is in keeping with the founding family’s long-term vision. Chairman Emeritus Ramautar Saraf – who built the company from a modest wire-drawing unit into today’s group – has often emphasised quality and innovation. In announcing the investment, the company noted that its modern plants “stand as testaments to our commitment to excellence”, a core principle Saraf has championed for decades.
Current leadership team members (led by MD Nirmal Saraf and the next-generation directors Varun, Prateek, Vidyut and Parag Saraf) has continued this ethos. As Parag Saraf has echoed, Group Nirmal’s future is driven by engineering innovation: the group’s motto, “Re-Imagineering Tomorrow”, captures its focus on pushing technical boundaries and delivering top-tier products. With the new investment, the Saraf family says it will maintain rigorous quality controls and sustainability practices, ensuring the expanded output meets both customer demands and the group’s exacting standards.
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