The Business Bytes
TBB BUREAU
PUNE, NOV 16, 2023
Finolex Cables, India’s leading manufacturer of electrical and communication cables, has announced the introduction of LAN Passive Components to its existing business of LAN cables. The product range includes patch cords, information outlets, and faceplates. These are especially useful in places like data centres, IT networks, conference rooms and branch office connections with high-density switches.
Speaking on the launch, Finolex Cables Ltd. Deputy CEO & CFO Mahesh Viswanathan said, “The number of structured cabling users, including government agencies, educational bodies, telecommunications companies, financial institutions, retailers and social networking services, are growing in tandem with the rising urbanization rate, thus putting additional strain on the current communication infrastructure. Our LAN offerings will deliver a much-needed solution for the structured cabling industry.”
India is undergoing a digital revolution driven by the rapidly changing business requirements and increased usage of data for decision making. The Indian government aims to develop 100 smart cities, where the internet of things (IoT) will play a pivotal role. At the same time, the need for intelligent buildings is increasing, as more companies are working to make their campuses and facilities world class, while saving costs and responding to the government’s smart building initiative. Due to the growing need for data transmission systems, particularly in metropolitan areas, the number of telecommunication companies has exploded in recent years. Structured cabling offers the critical support for high-performance and unified communication systems; and hence rapid digitization has become a key trend in the structured cabling market for India.
“Our high performing LAN components surpass industry parameters to meet stringent functionality requirements. We believe our Passive systems are the best option for delivering speed consistently, thus, providing Stress Free Smart Solutions for our customers,” said Amit Mathur, President – Sales & Marketing, Finolex Cables Ltd.
In India, demand for high bandwidth has risen as internet penetration has increased. Structured cabling enables high bandwidth that is necessary for commercial operations to run smoothly. This ecosystem has evolved at an exponential rate due to its increased data transfer capability, low cost, and flexibility.
