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Systematic Industries acquires GI Wire manufacturing facility in Chhattisgarh
Aug-04-2026

Systematic Industries has acquired Galvanized Iron (GI) Wire manufacturing facility located at Siltara, Chhattisgarh. The acquired facility spans around 10 acres and has an installed capacity of 48,000 metric tonnes per annum (MTPA) of GI wires. This acquisition is aligned with the company’s long-term strategy of scaling its core wire business and strengthening its presence in infrastructure-linked segments.

With this acquisition, the company's installed capacity has enhanced by around 48%, taking its total capacity to around 148,000 MTPA across five units. GI Wire Plant supports the rising demand from the power transmission and distribution and infrastructure sectors.

The acquisition is expected to deliver meaningful operational and financial synergies by leveraging the strategic location of the facility to optimise logistics costs and improve service efficiency across pan India. Integration with its existing distribution and customer network will enable better capacity utilisation and support faster fulfilment, while also expanding the company’s customer base and creating cross-selling opportunities across its broader product portfolio. Given that the plant is fully operational, the transaction is immediately EPS accretive, with a balanced funding approach ensuring disciplined capital allocation. Overall, the acquisition strengthens its ability to scale efficiently, enhance margins over time, and drive sustainable value creation for stakeholders.

Systematic Industries is operating in the steel wire industry and engaged in the business of manufacturing and supplying of various steel wires and cables, catering to the needs of power transmission, infrastructure, telecommunications, agro-based and allied industries.

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