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About the Industry

The cable & wire industry in India is a significant sector which has registered robust growth over decades led by the government’s focus on providing power to all. It plays a crucial role in supporting the infrastructure development and electrical needs of the country.

The domestic cables and wires industry has registered robust growth over the last five years led by the government’s focus on providing power to all and gradual pickup from the housing market. The Cables and Wires (C&W) industry is expected to grow at a compound annual growth rate (CAGR) of 12% over FY 2021- 26. Growth is expected to be driven by upbeat construction activity in the housing sector and government initiatives in the power and infrastructure sectors. Further, electrification of rural villages and households, improved transmission and distribution systems along with increased demand from renewable power generation will drive growth of electrical cables.

Key Growth Indicators for Wire and Cable Market in India.

Wire and Cable

Key Growth Indicators

Market Size

The cable industry in India has experienced steady growth in recent years.The cable industry in India has experienced steady growth…

Manufacturing Hubs

Major industry in India is concentrated in several manufacturing hubs across the country, including Mumbai, Delhi, Chennai, Kolkata…

Products

The industry produces a wide range of wires and cables for various applications such as power transmission, telecommunications…

Demand Drivers

The demand for wires and cables in India is driven by factors such as urbanization, infrastructure development, industrial growth…

The Indian cable market is growing at an constant faster pace. With a whopping CAGR 15% growth rate, the rising Indian market reflects the rapid developments in the power and infrastructure sector. And it’s not going to slow down any time soon. With the advent of industrial revolution 4.0, global investors are eying the potential Indian market specific to the high-voltage (HV) and extra-high-voltage (EHV) cables product line.

The Indian cable market is growing at an constant faster pace. With a whopping CAGR 15% growth rate, the rising Indian market reflects the rapid developments in the power and infrastructure sector. And it’s not going to slow down any time soon. With the advent of industrial revolution 4.0, global investors are eying the potential Indian market specific to the high-voltage (HV) and extra-high-voltage (EHV) cables product line.