Exports already to 10 countries:
Kelani Cables set to conquer Africa
Ravi LADDUWAHETTY
Kelani Cables PLC is well set to conquer the South African market,
beginning with South Africa and making inroads into neighbouring eight
countries-starting from Botswana, Nigeria and Zimbabwe. The local
manufacturer of copper cables already has a brand presence in Rwanda,
Uganda and Djibouti.
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Mahinda
Saranapala |
“We will be shortly be entering the South African market through
Durban, Johannesburg and Cape Town and will be making inroads into
neighbouring countries- Botswana, Nigeria and Zimbabwe and leveraging
our present brand presence in Rwanda, Uganda and Djibouti, an upbeat
Kelani Cables CEO Mahinda Saranapala told Daily News Business.
Saranapala said the company was on a Rs 3.8 billion turnover where
the export revenue was Rs 590 million and the sales in the now liberated
North and the East was Rs 210 million, which he describes as growing
with prospects in growth, fresh and buoyant after three decades of
holocaust.
Kelani Cables also hosted a stall in the South African Internation
Trade Exhibition (SAITEX) where over 20 South African institutional and
retail clients are expected to firm up their inquiries soon.
“There is a huge untapped potential in the South African market as
both the quality of the cables manufactured there and also imports from
China are low quality and I have already met dealers who supply the
households and also the industrial customers who will firm up their
orders shortly,” Export Sales Manager Devinda Lorensuhewa said.
Kelani Cables is also exporting the product to other markets in the
Maldives, in which it has a strong brand presence along with India,
Bangladesh, Pakistan, Japan, Seychelles and Mauritius.
Strident in the light of the company using 99.96 percent copper in
its wires to maintain pure quality, is the export of its enamel winding
wire to discerning Japanese markets and also to Norwegian giant Noratel,
a transformer manufacturer, whose exports extends to a majority of
European nations.
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