Apar Industries Limited is a leading manufacturer of speciality oils and conductors in India. Apar is the fifth largest manufacturer of transformer oils and conductors in the world and the largest domestic manufacturer of transformer oils with approx. 50 per cent market share. The company is the dominant supplier in the power transformer sector (132 KV to 800 KV). Apar is the second largest manufacturer of aluminium conductors in India with market share of 22 per cent. In Sep’08, Apar entered into power and telecom cables business by acquiring 66 per cent equity stake in Uniflex Cables.