Belden opens second plant in Pune with $40 million investment

PUNE, India - Belden Inc. (NYSE:BDC), a $4.93 billion market cap company trading near its 52-week high of $133.77, inaugurated its second manufacturing plant in Pune, India, marking a significant expansion of its production capabilities in the Asia Pacific region, according to a company press release. According to InvestingPro data, the company has demonstrated strong financial performance with a 12.93% revenue growth in the last twelve months.

The new five-story facility adds 19,000 square meters of manufacturing space to complement the existing 10,000-square-meter Plant 1, which opened in 2018. The $40 million investment substantially increases Belden’s production capacity for networking and data application solutions. The expansion aligns with the company’s strong financial position, as InvestingPro data shows liquid assets exceeding short-term obligations with a healthy current ratio of 1.99.

Dr. Ashish Chand, Belden’s President and CEO, led the inauguration ceremony alongside the company’s senior leadership team.

The new facility features integrated smart manufacturing capabilities, advanced automation, and digital systems designed to enhance production efficiency and quality. The plant is designed to achieve India Green Building Certification and utilizes existing solar energy systems to power operations.

During construction, Belden achieved over 1 million safe working hours, highlighting the company’s focus on workplace safety.

"Pune Plant 2 is more than just added capacity; it’s about building a future-ready hub for innovation, safety, and sustainability that will serve our customers globally," said Dr. Chand.

The expansion comes as Belden continues its strategic shift from a product-focused manufacturer to a solutions provider for mission-critical networking and data applications.

Founded over 120 years ago, Belden provides connection solutions for various industries with manufacturing capabilities across North America, Europe, Asia, and Africa. Five analysts have recently revised their earnings estimates upward for the upcoming period, signaling positive expectations for the company’s growth trajectory. For deeper insights into Belden’s financial health and growth prospects, investors can access the comprehensive Pro Research Report available on InvestingPro, which covers over 1,400 US equities with detailed analysis and actionable intelligence.

In other recent news, Belden Inc. reported its second-quarter earnings for 2025, exceeding analyst expectations with an earnings per share (EPS) of $1.89, surpassing the anticipated $1.76. The company’s revenue also outperformed forecasts, reaching $672 million compared to the predicted $657.87 million. Additionally, Belden’s Board of Directors declared a quarterly dividend of $0.05 per share, payable on October 7, 2025, to shareholders of record as of September 11, 2025. In a separate development, the board approved a new code of ethics, the Belden Code of Conduct, effective August 21, 2025. This code of ethics was formally adopted and included as an exhibit in a filing with the Securities and Exchange Commission. These recent developments highlight Belden’s ongoing efforts to maintain transparency and deliver value to its shareholders.

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