Hind Rectifiers Limited, a manufacturer of power semiconductors, power electronic equipment, and railway transportation systems, has commenced commercial production of specialised copper conductors at its Sinnar plant in Maharashtra.
The backward integration project enables in-house manufacturing of Continuously Transposed Conductors (CTC), Enamelled Paper Insulated Copper Conductors (EPICC), and Paper Insulated Copper Conductors (PICC). These are critical raw materials used in the production of traction transformers.
The company said the project, with a total capital expenditure of about INR 560 million, was funded through a mix of term loans and internal accruals. The new manufacturing line is expected to enhance operational efficiency by reducing dependence on external vendors, streamlining the supply chain, and addressing shortages of key raw materials. It will also help ensure timely supply of transformers to customers and prevent penalties previously incurred from delayed deliveries to Indian Railways.
The facility is aimed at improving cost efficiency and profitability through reduced procurement costs and better control over input quality. It will also enable Hind Rectifiers to cater to external demand from the transformer industry and develop export opportunities.
“This backward integration creates a new vertical for us; these specialised copper conductors are fast-moving products and have tremendous export potential,” said Suramya Nevatia, Chairman and Managing Director of Hind Rectifiers Limited. “With this step, we are better positioned to meet the growing demand of not only our own traction transformers but also the transformer industry in general. Our copper facility will enable us to improve profitability, increase revenue, and deliver greater value to our customers and stakeholders,” he added.
Established in 1958 in partnership with Westinghouse Brake & Signal, UK, Hind Rectifiers operates two manufacturing plants in Nashik and Bhandup, employing about 950 people. The company designs and manufactures power electronics systems and electrical equipment for sectors including railways, defence, power, steel, cement, and chemicals, and exports to more than 30 countries.