About-Industry – wiretechindia

About the Industry

The wire and cable industry is vital to India’s infrastructure, supporting power, telecom, railways, and construction. Recent growth is fueled by urbanization, government initiatives, and smart city development. With rising energy needs and tech advancements, the sector is poised for sustained growth. The India wires and cables market size was valued at USD 9.32 billion in 2024. The market is projected to grow from USD 10.01 billion in 2025 to USD 17.08 billion by 2032, exhibiting a CAGR of 7.94% during the forecast period.

Key Growth Indicators for Wire and Cable Market in India

Infrastructure Development - Metro & Railways Expansion
Power Sector Growth - Renewable Energy & Electric Grid Expansion
Growth in Manufacturing & Industrial Sectors
Digitalization & Telecom Boom - 5G & Fiber Optic Expansion
Urbanization & Real Estate Growth - High-rise Buildings & Smart Homes
Regulatory & Technological Advancements - Stricter Safety Standards & Technological Innovations
Export Opportunities

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…

Concurrent Show

Pipes & Tubes 2025

The Pipes and Tubes Industry is vital to India’s Infrastructure, Oil & Gas, Automotive and Aerospace, Power & Energy, Water Supply & Sewage, and Healthcare and Medical applications. Recent growth is fuelled by growing infrastructure development, expansion in the oil & gas industry, sustainability & recycling, and smart city development. The India Steel Pipes & Steel Tubes market size was estimated at USD 32.88 billion in 2023. During the forecast period between 2024 and 2030, This market is projected to grow at a CAGR of 6.43% reaching USD 37.69 billion by 2030. The government of India has launched several initiatives to bolster economic growth and infrastructure development, This includes Jal Jeevan Mission, Har Ghar Jal Yojna, Pradhan Mantri Awas Yojana (PMAY ), Urban Infrastructure Development Fund (UIDF ), Expansion of Oil & Gas Sector.