Ravin Cables sold to Italy's Prysmian - 0 views
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Global power cable major Prysmian Cables and Systems has acquired majority stake in Ravin Cables in a bid to foray into the Indian market, the companies said here on Wednesday.
Our commitment is to establish a credible and sustainable full range cables supplier in the
Indian market, targeting a 10% market share – said Mr. Fabio Romeo, the Prysmian Group’s Chief
Commercial Officer, at a meeting with Indian journalists in Mumbai.