Vedanta Ltd has secured approval from the National Company Law Tribunal’s Kolkata Bench to acquire Incab Industries, paving the way for a significant push into the downstream copper and aluminium space. The tribunal’s order clears the final hurdle in a long-pending Corporate Insolvency Resolution Process under the Insolvency and Bankruptcy Code.

Incab Industries, headquartered in Kolkata with manufacturing units in Jamshedpur and Pune, specialises in power cables and industrial wires that rely heavily on copper and aluminium. Its portfolio spans power cables, rubber and plastics, fibre optic cables and winding wires.

The company’s installed capacities include 6,000 km of power cables, 274 million core km of rubber and plastics, 500 MCM of fibre optic cables, 8,150 mt of winding wires, al

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