HOME > MARKETS > COMPANY NEWS
  COMPANY NEWS
COMPANY
Ram Ratna Wires bags approval under RIPS-2024 for Bhiwadi Plant
Nov-07-2025

Ram Ratna Wires’ Bhiwadi plant located in Rajasthan, has been approved under the Rajasthan Investment Promotion Scheme (RIPS-2024). Under this scheme, the company will receive Turnover Linked Incentive of 1.32% (in % of EFCI), along with Electricity Duty Exemption for 7 years and 25% Stamp Duty Reimbursement.

The Bhiwadi facility is expected to become a major growth driver for the company, strengthening its manufacturing capabilities and enabling it to serve high-demand markets more efficiently. With an approved Eligible Fixed Capital Investment (EFCI) of Rs 186.77 crore under RIPS-2024, the plant will benefit from fiscal incentives that enhance operational efficiency and cost competitiveness, contributing to profitability and reinforcing our leadership position in the industry.

Ram Ratna Wires is engaged in manufacturing of enamelled copper winding wires. The product range of the company includes: Enamelled copper winding wires, Modified polyester copper wires, Polyesterimide wires, Polyurethane self-solderable wires and Dual coated wires.

  RELATED NEWS >>