Salzer Electronics plans to invest about Rs. 20 crore in a project to manufacture data cables in 2018-2019, according to a top company official.
Company has the technology (to make data cables) as it is already into production of cables and wires, Rajesh Duraisamy, joint managing director, Salzer, told The Hindu. Demand for data cables was high among industries and the IT sector not only in India but also in west Asian countries,.“We hope to clock sales to the tune of Rs. 100 crore in three years from this product,”.