Industry Connect

Program
 TABLE OF CONTENTS

1. Overall sectoral information

2. Career path/Work Life balance/Work Culture
3. Company history
4. Growth Path
5. Commerce in Finecab
6. Products
7. Process
8. Infrastructure
9. Organisational Structure
10. HRM & HRD
11. Product Marketing & IT
12. Key Achievements

Industry Connect
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01

Overall
sectoral
information

Industry Connect
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The industry which has been growing at the rate of around 15 per cent currently will
start growing at the CAGR of over 20 per cent over the next five years. The wires and
cables industry in India has come a long way, growing from being a small industry to
a very large one, over the past decade. The increasing demand for power, light and
communication has kept demand high for wire and cable. This trend will continue as
demand for reliable, efficient energy and data communications will strengthen the
wires and cables industry in the future as well.

Over the last 20 years, the industry has shifted from being an unorganised sector to
an organised one. Still, 35 percent of the industry continues to be a part of the
unorganised sector. In India, the size of the cable manufacturing industry is
approximately Rs 40,000 crores. The specialised cable industry is roughly of the size
of Rs 10,000 crores. The government has announced ambitious plans for
infrastructure development. One of the primary focus area of the development plan
is railways, with over Rs 800,000 crore as promised investment over the period of
2015-2020.In addition, the government has ear marked Rs 50,000 crore (US$ 7.53
billion) to develop 100 smart cities across the country.

Highway projects worth $93 billion, which include government flagship National
Highways Building Project (NHDP) with total investment of $45 billion over next
three years, have also been announced. The Digital India campaign will require an
investment of Rs 4,50,000 crore. Ministry of Power is also looking at an investment of
Rs 15,000 lakh crore over the next 5 years.

The wire and cable industry will eventually focus on supplying cables for specific
applications pertaining to the industry needs. India has a lot of potential in the
mining, power, oil and gas, metro railways, cement industry, steel industry and other
sectors. Power cables, a critical segment of the power sector, is experiencing an
escalating demand owing to the growth in power generation infrastructure. India is
one of the biggest consumers of electric energy after the US and China.

Accelerated urbanization and growing concern over pollution have increased the
investment in metro rails for urban mass transportation. The country is predicted to
develop metro rails in at least 50 cities across India. Such developments where each
project requires more than $150 million is likely to attract many Indian and foreign
companies to take advantage of the huge growth opportunities.

Different kinds of cables like extra high voltage cables, elastomer cables, etc are
presently being used for special applications such as mining, in oil sector,
shipbuilding, cranes, elevators, solar power plants to harness power for new
generation motor vehicles, windmill solutions as well as security systems.

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The growth in renewable power generation would be one of the primary factors for the
growth of the electric cable and wire market. The focus of several countries across
world to commercialize renewable power generation will create a significant demand
for electrical wires and cables. This is mainly due to the lack of a transmission and
distribution (T&D) infrastructure at locations where renewable energy resources are set
up.Moreover, the expansion of the existing renewable power generation plants in the
emerging countries will also result in increasing the demand for electrical wires and
cables.

Initiatives such as excise duty exemption for ferro-silicon magnesium and pig iron used
for manufacturing components for wind-operated electric power generators, and the
target set by the Jawaharlal Nehru National Solar Mission to generate more than
1,00,000 MW of solar power by the end of the year 2022, will boost the demand for
electrical wires and cables.

Rural electrification is another major factor which is expected to propel the growth of
the electric wire and cable market in the country. The government's goal to provide
electricity to every home by 2020 should attract major investments in the sector.

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02

Career path/
Work life balance/
Work Culture

Industry Connect
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 Workplace Culture
Employee Culture
FINECAB considers their employees to be the most important factor in the success of
their company. Only through the application of professional and social skills, as well as
the creativity and energy of all employees, can they achieve the highest common aim of
customer satisfaction and the retention of jobs over the long term. This is why they
motivation of their employees with declared corporate philosophy. Of course, this also
includes adherence to the statutory minimum wage.

Equal Treatment and Equal Opportunities

A culture of equal opportunities, mutual trust and mutual respect is of major
significance to them. They promote equal opportunities and prevent discrimination
when recruiting employees and promoting or granting education and training
measures. They treat all employees equally, regardless of their sex, age, skin colour,
culture, ethnic origin, sexual orientation, any disability, religious affiliation or world
view. Discrimination, bullying and harassment are not tolerated by them. Should such
cases nevertheless occur, they encourage each other to speak about them.

Dealing with Customers and Suppliers

The relationships with their customers and suppliers are based on mutual respect,
fairness and trust. They always strive for a reliable long-term relationship and therefore
always maintain fair and open communication in their dealings and expect the same
from their business partners. They pursue clean and recognised business practices and
fair competition.

Quality
They would like to convince their customers with a flawless performance at all times.
They therefore focus on all levels on the highest quality standards. To this end we
introduced a quality management system according to DIN EN ISO 9001 in 1996. This
enables us to repeatedly find measurable parameters for the identification of potential
improvements, derive appropriate measures and assess their effectiveness. In this way
they want to achieve the highest aim, namely the sustainable satisfaction of their
customers.

Occupational Health and Safety

In addition to the quality of their products and economic success, the health and safety
of their employees are a corporate goal which is of equal importance. Occupational
health and safety are an integral part of all business operations and are integrated from
the very beginning – even in the planning phase – in their technical, economic and
social considerations.

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Each of their employees promotes health and safety in their working environment
and adheres to the rules on health and safety at work. Every manager is obliged to
instruct and support their employees in assuming this responsibility. They comply
with the statutory health and safety regulations and protect our employees from
risks when carrying out their work. In order to systematically implement these
occupational health and safety requirements, they have introduced an occupational
health and safety management system according to OHSAS 18001 in 2009.

They also expect their suppliers to fulfil the applicable occupational safety
regulations.

Collaboration
They think across various divisions and countries and see their company as a unit. It
is especially important for them to listen, openly discuss topics, actively obtain
different opinions and search for solutions together. The best solution is created by
exchanging different points of view. They criticise objectively and not personally.

Career Opportunities

The cable manufacturing industry provides career opportunities to engineers,

machine operators and those involved in the production of cables. The industry also
employs experts in computer aided design, cable production and sales. With ever-
increasing technology available to corporations, small businesses, entrepreneurs and
consumers, cable manufacturing technology is a growing industry.

Research and Technology

Research and technology departments help keep cable manufacturing companies at
the forefront of new developments in cable production and installation. Cable
manufacturing companies look for potential employees skilled in the areas of
research and development, cable rope design, wire metallurgy and cable testing and
inspection. These careers require Master’s Degrees or PhD in metallurgy, metals and
polymers materials science and engineering. The ability to lead a project team is also
an important skill.

Industry Connect
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Conceptual Design Engineers
Engineers are an important component in the design of cables and related equipment
in the cable manufacturing field. Careers in plant design, production equipment design,
maintenance engineering and the design of the cables themselves are all specialties
where engineers can find career opportunities. Careers are available for first-degree
graduates in the areas of mechanical, electrical, manufacturing and aeronautical
engineering. Candidates should have good communication skills, be well-organized and
possess strong IT abilities. Many cable manufacturing companies also offer
apprenticeships for qualified candidates.

Production Operations
People at all levels of experience and education can find careers in cable manufacturing
technology. Production, production management, health and safety workers within the
manufacturing environment, as well as quality assurance personnel, all play a vital role
in cable production technology. Experience working in a team environment is helpful.
Candidates should also have team leadership and problem-solving skills as well as an
eye for detail.

Cable Machine Operators

Cable machine operators are skilled workers who operate and monitor the machines
that produce cables. Responsibilities include wire drawing and stranding, extrusion,
armouring, copper rod and PVC compounding and rewinding. Cable machine operator
careers require vocational training and experience. Candidates should be able to set
machines for production and operate the machinery during production. They also
should have the necessary computer entry skills associated with each machine.
Apprenticeships are available for those interested in a career in cable machine
operations.

Manufacturing Manager
The Manufacturing Manager will lead their business unit in developing and executing
manufacturing processes to achieve shared objectives across the facility. This role will
measure safety, quality, delivery and cost performance while leveraging data to drive
continuous improvement efforts for their respective business unit. In addition, the
Manufacturing Manager is responsible for driving results through efficiency gains,
balancing capacity to demand, managing labor, and developing and leading a diverse
team.

Plant Manager
Plant Manager provides leadership and operations direction for the lean
manufacturing facility to ensure a safe, efficient, productive, and economical
manufacturing operation.

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Market Research analyst
Market research analysts gather and analyze data on consumers and competitors.
Market research analysts study market conditions to examine potential sales of a
product or service. They help companies understand what products people want,
who will buy them, and at what price.

Sales Manager
A sales manager is someone who is responsible for leading and guiding a team of
sales people in an organization. They set sales goals & quotas, build a sales plan,
analyze data, assign sales training and sales territories, mentor the members of
his/her sales team and are involved in the hiring and firing process.

Financial Analyst/Manager
A financial manager’s job is to assess the financial condition of a business or asset to
determine whether it is a sound investment.

Career Areas:

Supply Chain Function

Kind of roles you can find:
Distribution and Logistics, Manufacturing
Procurement, Kind of roles you can
Equipment find: Manufacturing,
Services and Maintenance
Customer
Service

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 Technical Function
Kind of roles you can find:
Engineering and Quality
Assurance.
Sales and Account
Management
Each of these teams works
Marketing
Kind of roles you can find: Brand with key people
Management, Creative Services, and groups across
Marketing Research, Advertising, the company,
Media, Category Management. combining their
local knowledge.

Customer & Commercial Finance

Leaders Business Management Kind Kind of roles you can find:
Kind of roles you can find: of roles you can find: Strategic Accounting, Financial Analysis,
Account Management, Planning, Business Development, Audit, Business
Operations Management, Integrated sales & Operations Development,
Network Manager Tax and
Account Treasury
Management.

Public Affairs & Huma Legal

Communications
Kind of roles you can find: Public
Sustainability, Digital
Communications, and Foundation.
n Resource Kind of roles you can find:
Kind of Counsel, Attorney, Legal analyst
roles you can find: Business
Partner, Talent Acquisition,
Talent & Development,
Compensation and Benefits,
Mobility.

Information Business/
Technology Administrative Services
Kind of roles Kind of roles you can find:
you can find: Administration, Facilities
Application Management, Presentation
Graphics and Archives/Records
Development Maintenance.
and Support, IT Architecture,
Infrastructure Systems

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03

Company
History

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Finecab Wires & Cables Private Limited is the most reputed company in the industry,
which has established in the year 1973 at Secunderabad in Andhra Pradesh, India.
They are the private limited company that is involved in manufacturing and
supplying of Power Cables, Submersible Cables, PVC Cables, Copper Cables, LAN
Cables, Coaxial Cables and many more products. They have been manufacturing
superior quality cables that are a critical link for transmission and distribution of
electric power for industries, offices, homes and commercial establishments. Also,
the company is providing quality approved and customized products to their
respected customers due to which they hold their heads high as they have earned
their credibility and loyalty. On the other hand, success of the company is the result
of the entrepreneurial zeal of their management that is implemented by the
dedicated team of highly experienced, qualified and passionate managers and
engineers. Moreover, a strong relationship with their associates also plays an
important role in the growth and achievements of their company. They manufacture
their products under their own brand name Finecab. They are an ISO 9001:2008
certified company.

Finecab Wires & Cables Private Limited has become the first choice of their valuable
clientele due to their ethical business practices, complete quality controlling and
total customization. Also, one more reason behind making them preferable choice of
the clients is the able guidance of Mr. G. David Raju (Marketing Head). Today, they
are standing on the top position of the market and this is the result of his effective
marketing strategies that they have been using since the time of their
establishment.

Their company is basically system and process oriented. They believe that the
company can obtain best results by focusing on the processes and systems. They
work hard for flawless execution, with a penchant for details. They are running their
company with one objective that is to provide best cables for power distribution
catering to the needs of the public as well as private sector industries, infrastructure
projects, and housing sector and commercial and real estate projects.

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04

Growth
Path

Industry Connect
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The wire and cable industry has moved from being a small industry 20 years back to a
very large industry over the last decade. Although it is a volume-driven product, it has a
lot of quality and technical particulars. Over a period of time, the industry has moved
from the unorganised to the organised sector. However, about 35% of this industry is
still in the unorganised sector. Requirements like brand and quality perception are key
in this Rs 15,000 crore industry. The wire and cables industry predominantly provides
challenging opportunities in the field of manufacturing , supply chain, procurement,
marketing and HR. This industry is currently undergoing a major change and portends
huge opportunity for upcoming professionals and will give them a first hand experience
on subjects like techno-marketing , brand building, Six-Sigma , just-in-time
manufacturing , etc.

INDUSTRY STATUS
The wire and cable industry comprises 40% of the entire electrical industry, which is
expected to double in size over the next five years. The industry is growing at a CAGR of
15% as a result of growth in the power and infrastructure segments. It is expected to
grow at similar rate for the next five years. The government’s emphasis on the power
sector reforms and infrastructure will further drive growth.

GROWTH AREAS
The wire and cable industry will eventually focus on supplying cables for specific
applications pertaining to the industry needs. India has a lot of potential in the mining,
power, oil and gas, metro railways, cement industry , steel industry and other sectors.
Different kinds of cables like extra high voltage cables, elastomer cables, etc, are now
being used for special applications such as mining/oil sector, shipbuilding /crane
cables/elevator cables, cables for solar power plants, to harness power for new
generation motor vehicles, windmill solutions, security systems and other types of data
cables.

SKILL-SETS REQUIRED
This field requires and teaches freshers and professionals to be techno-commercially
inclined. Ideally, electrical/mechanical engineers for manufacturing, electrical engineers
for EPC related sales for special applications, managers with operations knowledge for
implementation of world class manufacturing techniques, managers with knowledge of
creative/application based marketing, MBAs who can use various strengths of
companies and make use of adjacent opportunities, as well as fresh graduates who
have the zeal to outperform and change customer outlook. The sector also provides
tremendous entrepreneurial opportunities in trading, contracting and manufacturing.

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05

Commerce
in
Finecab
Industry Connect
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Under GST cables,wires and electronic components will be taxed at 28% while the
current effective rate is 18.12%. The industry wants the rate to be revised at 18%. The
rate of GST on raw materials used for cables and wires is fixed at 18%. Charging higher
rates on end products is absolutely unjustified. The cable and wires industries is labour
intensive and already reeling under tremendous pressure due to power sector woes
and operating at less than 50% of its installed capacity. Hence it will not be able to bare
the differential tax burden of 10% on its finished goods.

Cables account for almost 82% of the turnover of cables and wires industry. Wires and
other products account for balance 18% of the total turnover of the industry. It is
understood in the GST rules that, all the CAPEX items will be subjected to 18% GST.
Wires and cables industry in the India, which is largely driven by demand from retail
segment and investment level of government, registered revenues of INR ~ million in
FY’2013. With an advent of new wires and cables manufacturers in the industry, the
revenues increased by 14.5% compared to FY’2013 where the total revenues was INR ~
million. Each segment in the wires and cables industry such as power cables, control
cables, communication cables and others is subject to a gamut of different factors such
as price cuts and number of units sold that play an important role in determining their
respective revenues. The wires and cables industry in the India has grown at a CAGR of
16.7% from INR ~ million in FY’2009 to INR ~ million in FY’2014. The market for cables
and wires in India faces challenges in terms of cheaper Chinese imports, readily
available substitutes and others.

In FY’2014, electrical cables accounted for ~% of the Indian wires and cables industry
amounting to INR ~ million, on the other side communication cables constituted only
~% of the market amounting to INR ~ million. Building Wires and Cables and
Automotive cables contribute a majority of ~% and ~% respectively in FY’2014.

The India wires and cables market is comprised of various independent manufacturers
that specialize in designing, manufacturing of their products. The wires and cables
market in India is led by five major players including Polycab wires, Sterlite
technologies, Finolex cables, KEI Industries and Havells India, who cover around ~% of
organized market for wires and cables. Polycab sold ~ million units in FY’2014 followed
by Sterlite technologies which sold ~ million units in the same year.

Technological advancements and product innovations across different segments as well

as competitive pressures have been significantly changing the market. Revenues from
the wires and cables industry in the India are expected to expand to INR ~ million in
FY’2019 growing with a CAGR of 18.5% from FY’2014-FY’2019.

Industry Connect
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The market is expected to grow in the coming years with increasing number of
innovative product launches by the existing players, focusing on niche uses and
convenience such as fire resistant (retardant) wires and cables, optical fibre cables
and others. With the consumers becoming more perceptive towards value addition,
providing products by anticipating the consumer needs in advance and broadening
the appeal of the product to suit a variety of needs could prove vital for the growth of
this industry in the coming years.

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06

Products

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 Range of Products

LT XLPE Power & Control Cables

Aluminium/Copper Conductor XLPE Insulated & PVC Sheathed 1.1 KV Heavy Duty
Armoured/Unarmoured Single/Multicore Cable as per IS: 7098(Pt. 1)

LT PVC Power & Control Cables

Aluminium/Copper Conductor PVC Insulated & PVC Sheathed 1.1 KV Heavy Duty
Armoured/Unarmoured Single/Multicore Cable as per IS: 1554(Pt. 1)

HT XLPE Power Cables

Aluminium/Copper Conductor XLPE Insulated & PVC Sheathed Armoured
Single/Multicore Cable as per IS: 7098(Pt. 2) for Voltage Grade from 3.3 KV to 33
KV

Single Core Industrial Flexible Copper Cables

Multi-strand Copper Conductor PVC Insulated Single Core Cables.

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Multi Core Industrial Flexible Copper Cables
Multistrand Copper Conductor PVC Insulated & PVC Sheathed Multicore
Cables.

Building Wiring Cables

Multistrand Copper Conductor PVC Insulated Single Core Cables as per IS: 694

FR/FRLSH Cables
Multistrand Copper Conductor FR/FRLSH PVC Insulated Single Core Cables.

HR PVC Cables
Aluminium/Copper Conductor HR PVC Insulated & HR PVC
Sheathed/Unsheathed Multicore/Single Core Cables

Submersible Pump Cables

Multistrand Copper Conductor PVC Insulated and PVC Sheathed three Core Flat
Cables for Submersible Pump Motors.

Indoor Multipair PVC Telephone Cables

Single Strand Copper/CCS Conductor Multipair PVC Insulated & PVC Sheathed
Unarmoured Indoor Telephone Cables.

Co – Axial Cables
CCS with Polythene Foam Insulation Composite Al.Foil Laminated & Al-Alloy
Braided & PVC Sheathed Co-Axial Cable for Cable TV application

LAN Cables
Twisted Pair Insulated with High Quality Polyethylene, PVC Sheathed
unshielded type with Low Attenuation & Low Cross Talk LAN Type Cables.

LT Aerial Bunched Cables

Aluminium Conductor Black HDPE/XLPE Insulated twisted around an
Aluminium Alloy Bare Messenger Wire to form the Aerial Bunched Cable.

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07

Process

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The cable and wire manufacturing operations consume raw-materials such as
copper coils, copper sheets, copper tapes, steel, aluminium, zinc, brass coils, brass
strips, bearings, CRCA steel, thermoset resin, polycarbonate,polyamide, other
engineering plastic, elastomers, transistor, diode, MPP Films, etc.

CONDUCTOR
Conductor is made of electrolytic grade high pure copper or aluminium. The
conductor is circular, stranded with high compactness and smooth surface finish.

CONDUCTOR SCREENING
Each conductor is provided with an extruded layer of semiconducting compound.
This eliminates the chance of electrical discharge at the interlace between
conductor and insulation.

INSULATION
The natural coloured XLPE compound with high dielectric strength is extruded over
semiconducting conductor screening with specified thickness in contamination-free
climate. Cross-linking is done by completely dry curing process.

INSULATION SCREENING
The Insulated Core is further extruded with a layer of semiconducting compound to
form the nonmetallic part of Insulation Screening. The conductor screening, XLPE
insulation and the non-metallic part of insulation screening are all extruded in one
operation by a special process, Triple Extrusion. This process ensures perfect
bonding between conductor screening and insulation screening with XLPE
insulation. This bond eliminates the formation of micro voids during extrusion &
curing. This ensures longer cable life under worst operating conditions. Non-
magnetic copper tape is applied as metallic part of insulation screen over the non-
metallic extruded part of the insulation screening.

CORE IDENTIFICATION
The core identification for three core cables is done by coloured strips applied on
the cores. The core identification also offered with core numbering tapes as per
requirement of customers.

LAYING UP
Three cores are laid up together to form the cable. The interstices are filled up with
non-hygroscopic type fillers, to make the cable circular.

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INNER SHEATH (COMMON COVERING)
The three core laid up cable is provided with a common covering of wrapped
plastic tape/s or by an extruded PVC inner sheath, as per the requirement of
customer.

ARMOURING
Armouring is applied over the inner sheath in case of three core cables, For single
core cables it is applied over non-metallic part of insulation screening. Three core
cables have either galvanised round steel wire or galvanised steel strip armour.
Single core cables are armoured with hard drawn round aluminium wires. For
mining and other special applications, double wire/strip armoured cables can also
be offered.

OUTER SHEATH
The cables are provided with outer sheath of tough heat resisting PVC compound.
The outer sheath is extruded over armouring in case of armoured cables. For
Single Core Unarmoured Cables, outer sheath is extruded over the non-magnetic
metallic part of Insulation Screening. Outer sheath in general is of Black colour.

QUALITY ASSURANCE AND TESTING

Finecab Cables are manufactured by using latest state-of-the-art machinery and
testing facilities, guided by experienced and highly qualified engineers &
technologists. Quality is ensured throughout the manufacturing process. The
quality checks are performed starting from raw material, right through every stage
of manufacturing to the final testing. The SQC techniques are applied at various
critical stages of manufacturing to ensure the consistency of quality. For
maintaining the highest quality of cable, Finecab has developed special internal
additional checks. Some of the special checks conducted are as under: CCV
(Continuous Catenary Vulcanisation) line is equipped with most modern new
generation X-Ray type diameter controller for measuring, monitoring & controlling
of thickness, diameter and eccentricity throughout the length. The following
routine tests are carried out on every length of cable manufactured: a) Conductor
Resistance test b) Partial Discharge test (Applicable for HT Cables), c) High Voltage
test

HIGH VOLTAGE TEST

The following test voltages are applied between conductors and screen/armour. In
order to meet consistency in quality, the cables manufactured undergo stringent
quality checks at each stages from raw material to finished cable.

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These cables also undergo stringent physical, dimensional and other checks for
conformity to the required standards. At Finecab, chemical and electrical
laboratories are of the highest standard, possessing the most modern equipment for
precision testing and quality control.

LONGER PACKING LENGTH

As per special requirements of the customers, the cables can also be offered with
longer lengths other than standard packing length. The Cables are provided with
progressive sequential length marking on outer jacket.

QUALITY CONTROL
The Testing Laboratory is fully equipped with all Test Equipments, including all Type
Test Facilities. The Test Equipments are regularly calibrated. All cables manufactured
are subjected to rigid Quality Control Inspection & Tests and exceed the
requirements specified by Standard Specifications.

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08

Infrastructure

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The infrastructural set of Finecab comprises various departments such as
production, procurement, sales and marketing and quality testing keeping its
objectives and demands of the customers in mind, in order to carry out entire
business process smoothly and systematically. Furthermore, there is an upgrade in
the machines and tools from time to time in order to carry out the production and
delivery of products in a hassle free manner.

The factory located at IDA, Patancheru, about 35 Km from Hyderabad enjoys state
of the art facilities with advanced technology and contemporary machines. With
specialized machines with latest technology for cable manufacturing, Finecab also
has in-house PVC compounding facilities with latest machines. The industrial
copper cables manufactured by Finecab are with 99.97% purity copper conductor
insulated with specially formulated PVC compounds manufactured in-house giving
superior quality product.

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09

Organisational
Structure

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Each manufacturing organization chart certainly won't be the same because of
the different departments and personnel required for different functions.

The basic organizational structure of a manufacturing company follows the

traditional hierarchical organizational structure, consisting of a Board of
Directors, Chief Executive Officer (CEO), Chief Operations Officer (COO),
department heads and then employees. The key functions of a manufacturing
company include production, purchasing, marketing, Technical, accounting, and
customer service.

This following image contains the organization chart and program assignments
for the Manufacturing Office.

• Ramnivas Bhutada-Wholetime
Director about 20 years.
• Brijgopal Bhutada-Managing
Director almost 16 years.
• Shakuntala Bhutada-Director almost
20 years.
• Deepali Bhutada-Additional Director
about 1 year.

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10

HRM
& HRD

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TRAINING
The trainings include programmes on communication, leadership and interpersonal
skills. The programmes also cover technical areas relating to machine technology
and handling, material sciences, manufacturing processes and safety and security.
The trainings are imparted to both permanent employees and the contractual
employees.

SAFETY INCIDENTS
As part of the incident management system, it is ensured that all incidents are
reported aberrations investigated, statistics maintained and analysed and
improvement projects are taken up on a regular basis. A stringent mechanism of
investigation is followed for any reportable incident that occurs in the factory
premises. A thorough Root Cause Analysis (RCA) is undertaken, which identifies the
reasons for the incident and recommends corrective actions. The learnings from
these incidents are shared amongst the employees to prevent any recurrence. The
safety management is a combination of preventive and remedial approaches. Apart
from focussing on process related safety procedures, safety management also
includes managing risks against fires, disaster management and effective health
management of the employees that reduce the inherent risk and build the capacity
of the workforce. Incident-accident recording systems are maintained as per
regulatory requirements. All the manufacturing facilities monitor and record first aid
injury, minor injury and the reportable injury.

HUMAN RIGHTS
Child labour is strictly prohibited at the factory premises and offices. Finecab does
not work with any supplier or contractor known to operate with unacceptable labour
practices. The agreements with contractors and suppliers also mandatorily include
necessary clauses on human rights and child labour as specified by the Government
of India and Factory Act. There have been no cases identified or registered related to
child labour so far.

HR POLICIES
Recruiting and Hiring
While the manufacturing industry traditionally used unskilled, entry-level workers,
technology may require specific skills supporting your company's tasks. Your HR
policies may spell out these skills as minimum qualifications as a guideline for
screening and interviewing. If your business is subject to fluctuations in demand,
creating a policy covering the use of temporary staff to cover peak periods helps the
efficient use of workers for whom you likely pay an agency a higher hourly rate than
regular staff, without the experience or productivity.

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Orientation and Training
Some elements of training are mandated outside your small business, such as
Occupational Safety and Health Administration training or state-sanctioned
equipment training, for example. Building this into your HR policy is a due diligence
safeguard, illustrating your company's intent to comply. Spelling out how you
implement that training makes your policy stronger. Mandating an orientation
package for new recruits in your policy aids their period of settlement. Consider
assigning plant tours and on-the-job training in your HR policy, so that all involved
know who is responsible for getting new hires up to speed.

Employee Retention
The company makes an investment with each employee hired. Given strong
demand for skilled workers. While wages and benefits contribute to job satisfaction,
HR policies that clearly outline job descriptions, chains of command, dealing with
workplace issues such as harassment and resources that employees can access also
contribute to a culture that engages staff.

Personal and Job Development

Small businesses may not have the resources to provide perks such as education
and fitness subsidies. Employees can use your HR policy manual to outline routes of
advancement. For example, list the education, training and experience for your ideal
supervisor, so that an ambitious staff member has direction to follow. This may exist
already if they've included job descriptions in HR policy. Consider outlining an
"inside track" for current staff to encourage the perception & care about their
growth as well as their work.

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Product
Marketing

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Promotional tactics for electric wire and cable wholesale and manufacturers
businesses are exceptionally diverse. But in our experience, there are a handful of
tips and strategies that will deliver the best return for your marketing efforts.
It's difficult to pinpoint a single marketing strategy that is capable of turning around
a struggling business. Yet one feature seems to be part of the shared DNA of all
effective marketing programs.

But by creating a strong marketing strategy, you undergird your connection to your
base. With that in mind, it's important to leverage marketing as a path toward better
customer engagement in your electric wire and cable wholesale and manufacturers
business's planning process.

How to Identify Prospective Buyers

Whether you know it or not, prospective buyers for your electric wire and cable
wholesale and manufacturers business are all around you. In fact, there is a good
chance you already know several individuals or companies that might be interested
in buying your business for a decent price. Although some electric wire and cable
wholesale and manufacturers business sellers advertise their businesses in general
classifieds, the most successful sales are those in which professional brokers seek
out likely buyers. If possible, steer clear of selling to a competitor if for no other
reason than the fact that competitors pay less for electric wire and cable wholesale
and manufacturers businesses than other buyers.

Price Matching
Don't underestimate the importance of competitive pricing in this industry. Even
though you've worked hard to create a unique value proposition, cost concerns are
serious issues for buyers. The principle is simple: Since pricing is a primary factor in
product selection, your business agrees to match advertised competitor pricing. If
they can find a similar value proposition from another electric wire and cable
wholesale and manufacturers business, potential clients will abandon your brand in
droves. Today's consumers are educated and informed. They use social media and
other tools to identify the best pricing, making it imperative for small business to
consider the value of a well-publicized price matching strategy.

Make Sure You Have a Good Business Sign

Good signage is a Business 101 concept. Although electric wire and cable wholesale
and manufacturers businesses are very different from each other, signage can be
used by any electric wire and cable wholesale and manufacturers business to
communicate the company's value to their customers. Is your sign conveying key
business messages? Should you go with or traditional business signage? These are
just a couple of things to consider when buying business signs.

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Since the signage for electric wire and cable wholesale and manufacturers
businesses is unlike the signage for other types of businesses, it should be
incorporated into your core marketing strategy. Talk to a nearby business sign
franchise company or an independent business sign company and see what they
recommend.

Negotiation 101
It's critical to negotiate from a position of strength. Information is the key to a great
electric wire and cable wholesale and manufacturers business negotiation. But
before you can negotiate effectively, you need to have a clear sense of your
minimum sale requirements. If you lack clarity about your goals, you're guaranteed
to fall short of achieving of them. If you aren't sure what you need, put negotiations
on hold until you gain a clearer understanding of your own deal parameters.

Multichannel Marketing Strategies

Today's consumers engage with brands in diverse ways. That means brands need to
demonstrate similar diversity in the channels they employ to connect with
customers.
In today's marketplace, it simply isn't possible for electric wire and cable wholesale
and manufacturers businesses that funnel the bulk of their resources toward a
single marketing channel to remain competitive. In practice, multichannel means
embracing a mixture of online and offline message pipelines, based on the places
your customers go for information. The acquisition of reliable mailing lists from
proven providers can expedite the transition, but ultimately your efforts to go
multichannel may require the assistance of a marketing professional.

Legal Considerations
It's obvious that you're going to need to hire an attorney to finalize the sale of your
electric wire and cable wholesale and manufacturers business. Competent legal
counsel ensures that the sale documents are in proper order. Furthermore, a good
lawyers provides the counsel necessary to navigate the tax and liability issues that
surround a business sale. In some cases, an attorney may also provide assistance in
securing long-term leases or vendor contracts to make your electric wire and cable
wholesale and manufacturers business more attractive to buyers. If you don't know
an attorney with experience in the business-for-sale market, ask your broker for a
referral.

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Key
Achievements

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 AWARDS
GauravUdyogVibhushanAward

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