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| Paramount Communications Ltd, part of the Paramount group of companies, is one of India’s leading cable manufacturing companies, having valuable experience of over half a century. Over the years the Group has widened its portfolio and has attained a reputable name in the cable industry. Our products cater to a wide span of industries including Power, Railways, Telecom, Construction, Defence and Space Research projects, amongst
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| The Paramount Team |
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others. Paramount boasts of a prestigious clientèle that includes government, institutional and major private sector organisations, both national and international. |
Paramount was the first company to be awarded the National Entrepreneurship Award 1984, by the President of India for outstanding achievement in the field of Wire and Cable Manufacturing. Other awards such as the IMM Marketing Gold Award in 1992 and the AIMO Visvesvaraya Entrepreneurship Award in 1994, also add to our credentials.
Paramount has always laid a great emphasis on manufacturing excellence, technological advancement and customer satisfaction. Our in-house process control and quality assurance experts ensure that every customer receives a high quality product. Furthermore, our organizational culture is one that encourages constant growth and improvement. Right from human capital to production capital, we ensure that our resources are amongst the best, making us capable of delivering our promises and surpassing expectations.
Paramount Communications Ltd is listed on both the BSE and the NSE. The Consolidated Group turnover for 2007-2008 stood at approximately $170 million.
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Late Mr. Shyam Sunder Aggarwal, our founder Chairman, launched Paramount Cables in the year 1955 by setting up a small cable manufacturing unit as a family venture.
In the year 1978, he established a new unit under the name Paramount Cable Corporation, which started supplying telecom cables to the Department of Telecommunications. Diversification began with the manufacturing of special cables in the early 1980s, supported by a dedicated team of engineers, marketing and finance experts. |
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| Late Mr. Shyam Sunder Aggarwal |
| Founder Chairman |
| Paramount Cables |
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This unit eventually transformed to become one of the largest cable manufacturers in India. In 1995, the company floated an IPO, thereafter becoming listed on stock exchanges in Mumbai, Kolkata and Delhi. Today, along with our group company Paramount Wires and Cables Ltd, we are one of the leading cable manufacturers in India.
We have the most comprehensive cable product range that services the needs of diverse industries such as Power, Construction, Railways, Telecommunications, Space Research and Defence, amongst others.
Creating unprecedented cable industry history under current Chairman, Mr. Sanjay Aggarwal, Paramount is the first and only Indian Multi National cable company. Paramount’s international expansion was marked by the acquisition of UK based AEI Cables Ltd. in 2007. AEI Cables Limited is one of the oldest cable companies in the world with a history dating back to 1837. Together, Paramount and AEI Cables have the superior edge of having over 200 years of experience in the cable industry.
To know more about AEI Cables Limited, visit www.aeicables.co.uk
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