Associated
Cables Private Limited.
Established in 1973, ACPL is the first and the
largest dedicated Instrumentation Cable manufacturing
company in India. The company’s state-of-the-art
manufacturing facility is located at Chiplun in
Ratnagiri district of Maharashtra, and the company
is ISO 9001:2000 accredited by ORI, USA.
ACPL is a Draka Holding Group Company. Draka
Holding N.V. is the holding company of
a number of operating companies worldwide, which
is engaged in the development, production and
sale of cables and cable systems. Today,
Draka has 67 operating companies in 29 countries
throughout Europe, North and South America, Asia
and Australia with turnover of €2.7 billion
in 2007.
Draka owns a majority equity stake in ACPL, and
the other equity partner is Oman
Cables Industry (SAOG). Oman Cables
is a leading cable manufacturing company in the
Middle East with sales turnover of over US $ 563
million in 2007.
ACPL is professionally managed by a Director
with Board representatives from both Draka and
Oman Cables. With contributions from both
Draka and Oman Cables, the company has access
to technology and wide variety of cable solutions
and is able to deliver quality cables to meet
the requirements of customers.
ACPL exports over 50% of its sales turnover and
it has been accorded the status of “One
Star Trading House” by Director General
of Foreign Trade”.
HISTORY
Over the last 34 years, ACPL has grown into the
largest dedicated Instrumentation and Specialty
cable manufacturer in India.
The innovative excellence of Associated Cables
was proved in the year 1975, when it developed
Screened Instrumentation cables, for the first
offshore oil rig of Government of India. The progress
graph of the company scaled new heights thereafter,
and ACPL started supplying cables for the Process
Control & Instrumentation needs of Refineries
& Fertilizer plants. ACPL is humbly proud
of the fact that these cables are in effective
use in all major Petrochemical plants, Cement
plants, Chemical plants etc. which were established
during this period.
COMPANY PERFORMANCE
ACPL with
the active support from its esteemed domestic
customers and its strategic partner M/s. Oman
cables has achieved growth of over 230% in Sales
in FY: 2005-06 and has again doubled its Sales
turnover in FY: 2006-07.
The company, since its change of Management in
Jan 2005 has grown steadily year after year. The
Sales turnover of the company has grown from Rs.1078
lacs in 2004-05, to Rs.2503 lacs in 2005-06, to
Rs.5294 lacs in 2006-07.
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