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Polycab's History

Story of India's leading Fast Moving Electrical Goods company.

1964

Late Thakurdas Jaisinghani established Sind Electric Stores.

1968

Thakurdas Jaisinghani's sons Girdhari T. Jaisinghani, Inder T. Jaisinghani, Ajay T. Jaisinghani, & Ramesh T. Jaisinghani started to manage the business.

1975

The family formed a partnership firm named Thakur Industries in MIDC Andheri Mumbai, to set up a factory for manufacturing cables & wires.

1983

'Polycab Industries' was registered as a small-scale industrial unit by the Directorate of Industries, Government of Gujarat.

1996

The company was incorporated as Polycab Wires Private Limited at Mumbai.

1998

Set up a facility for PVC-insulated power cables, house wires, telephone cables, optical fibre cables, switchboard cables and quad cables at Daman

2006

Polycab broke its record & crossed INR 10,000 Mn. in revenue

2011

The company broke its record once again & crossed INR 31,000 Mn. in revenue.

2013

2013 was a milestone for Polycab as it forayed into the 'switches' segment, paving its path into the FMEG industry.

2014

The company broadened its horizons & diversified into the fans and LED lighting segments, expanding its manufacturing facility for Miniature Circuit Breakers (MCB) at Nashik, Maharashtra

2016

Company & Trafigura Pte. Ltd. formed a joint venture Ryker Base Private Ltd. To set up a copper rod manufacturing plant at Halol.

Polycab's capabilities expanded in Roorkee, Uttrakhand with the manufacturing of ceiling fans.

2017

The company established a joint venture with Techno Electromech for the manufacturing of LED lighting products.

2019

Company listed on the BSE & NSE, its Rs. 13450 million initial public offering (IPO) being subscribed 52 times.

Commenced manufacturing of Water heaters.

2020

Bought out balance 50% stake in Ryker
Launched HOHM, an IoT-enabled system for smart homes
Rejuvenated focus on the export market.

2023

Today - Look forward to a New dawn
Polycab's Brand refresh - from 'Connection Zindagi ka' to 'Ideas.Connected'.