Hanmi Development Showcases Cable Laying Expertise at India Plant Export Consultation

· Participated in India Plant Export Consultation from April 21 to 24
· Showcased cutting-edge cable laying technology to the Indian market

Double S Cable Puller System (Credit: Hanmi Development)

SEOUL, South Korea, April 30, 2024 (IT Times) - Hanmi Development, a leading cable laying specialist, announced its successful participation in the recent India Plant Export Consultation held in Mumbai and Chennai, India, from April 21 to 26, 2024.

Co-hosted by the Plant Industry Association and KOTRA, the consultations provided a platform for Hanmi Development to introduce its cutting-edge cable laying technology and project management capabilities to the Indian market. The company highlighted the suitability of its solutions for India's diverse and challenging geographical conditions.

"India's booming plant construction sector is driving the demand for reliable and swift cable laying solutions," said Lee Ho-yeol, CEO of Hanmi Development. "Our advanced technology is designed to meet this specific need, and we are confident that it will be well-received in the Indian market."

Hanmi Development's participation in the consultations yielded promising results. The company has established initial contacts with key Indian plant construction and energy companies, some of which have progressed into concrete discussions regarding potential collaboration. These companies recognize the significant value proposition that Hanmi Development's technology and experience can bring to the Indian plant industry's development.

Founded in 2010, Hanmi Development has carved out a niche as a cable laying specialist with a portfolio of patents. The company's signature solution, the Double S, is a high-quality cable puller designed to address the safety concerns, cost inefficiencies, and quality limitations prevalent in conventional cable laying methods. The Double S finds application in various electrical cable laying projects, handling a wide range of cables from extra high to low voltage, even in confined spaces.

Hanmi Development's solutions have gained international recognition. Samsung Semiconductor plants in the US and South Korea are currently utilizing the company's self-developed 'Powerball' for cable laying purposes. In addition, the company's US subsidiary is preparing for cable-laying projects at the SK battery plant in Atlanta, Georgia, scheduled for the latter half of 2024.

IT타임스 YoungHa Kim (yhkim@ittimes.com)

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Hanmi Development Showcases Cable Laying Expertise at India Plant Export Consultation - IT타임스