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Polycab India started with just a small electrical retail shop in Mumbai a few decades back and has now evolved into one of India’s leading manufacturers of cables and wires and allied products. In order to scale with the growing demand, the company gradually turned to technology to improve flexibility and scalability. Technology has contributed significantly towards improving the overall performance of the company, achieving overall operational efficiencies and accelerated innovation. In a conversation with Dataquest, Vivek Khanna, executive-president and CIO, Polycab India shared the company’s journey from a small hardware shop in 1968 to India’s largest manufacturer of wires and cables.
DQ: A quick insight into how Polycab India grew from a small electric retail shop to one of the largest producer of electric cables and wires
Vivek Khanna: The Jaisinghani brother ‘started from a small hardware store in Lohar Chawl in 1968. Today Polycab India Ltd. (PIL) is India’s largest manufacturer of Wires and Cables and one of the fastest growing FMEG companies with a consolidated turnover of INR 122+ billion in revenue. Polycab’s journey has been very inspiring, the initial years were rough and filled with struggle and sacrifices, as the brothers decided to build the business organically.
In early 1975, the brothers acquired a small piece of land in MIDC Andheri to set up a factory for manufacturing cables and wires under the name Thakur Industries. A partnership firm ‘Polycab Industries’ was formed in 1983 and was...