Finolex Cables has taken a giant leap towards fostering economic growth and development by formalising a MoU with the Department of Industries, Government of Maharashtra. This has set the stage for its investment of Rs.5.8 billion, marking a milestone in its efforts within the optic fibre cables industry. In a groundbreaking move, it aims to become the second company in the country to manufacture glass preforms, a vital component for optical fibre production. The upgrade will see Draw Tower capacity doubling to 8 million fibre km per year, pushing optic cables' annual capacity to 10 million fibre km from 8 million fibre km.  Contact: FinolexTel: 020-27506200Website: www.finolex.com