Business ventures, enterprise come into being starting with a vision.Shri S B Fomra, Chairman Cabcon, saw a vision, a dream in the 70s, With family members who were leaders in respective segment shared this vision and realised it. Cabcon leads in the segment of infrastructure building weight power transmission and distribution. Steve Jobs says it as is.Vision is that element that pushes initially and then pulls through. Shared vision, is vision achieved.
The 'Fomra family' vision seen, as early as the 70s, through the eyes of the Patriarch Shri. S.B. Fomra, envisaged Conductors and Cables, their role, significance, necessity in power Distribution & Transmission Line. The Story of the legendary Company Cabcon Started. 1993-saw the first light of the rise of the Company of the dynasty. there has since been good growth and there has been no looking back. The journey has only looked upward and specially now with the current phase of news and updates. power sector continues to be in the marked 'thrust area'. Market sentiment looks good too. Cabcon and Group Companies are seemingly confident of achieving the projections by active participation in various electrification and power transmission projects as announced by Govt. of India (XII Plan 2012-2017) with huge allocation of public expenditure in the development programmes. The'Fomra’s 'Cabcon and Group Companies' are in a pivot and consolidated part of an electrified, lit up india. The dream, the vision is realised now as a mission.
The key functionaries include the Directors, CEO and a team of experienced technocrats and skilled qualified personnel consisting professionals like Engineers, Chartered Accountants, Cost Accountants, Company Secretaries, MBA and experienced professionals.
The growth of National economy vis a vis its sustenance is closely linked to power sector. Substantial enhancements have been made in the Plan Outlay of the Ministry of Power which includes Internal Extra Budgetary Resources [IEBR] of CPSUs and Gross Budgetary Support [GBS].
The National Grid with power transfer capacity is envisaged to be augmented to about 72,250 MW by the end of XII Plan. 11 nos. of High Capacity Power Transmission Corridors [HCPTCs] have been finalized to meet bulk power evacuation requirement of various independent Power Producers mainly coming up in resource rich and coastal States such as Chhattisgarh, Orissa, Madhya Pradesh, Sikkim, Jharkhand, Tamil Nadu and Andhra Pradesh at an estimated cost of about Rs 75000 Crores. Implementation of these corridors has been taken up in a phased manner matching with generation projects.