February 15, 2021
Cable & Wire Fair organized by Tulip 3P Media Private Limited has announced the rescheduling of the dates of its 4th International Exhibition & Conference for Wire and Cable Industry. India’s most illustrious trade exhibition for wire and cable industry has been postponed from its initial date of October 2021 to 1st to 3rd March 2022 to make it more convenient for all the stakeholders and also ensure that the event is staged at a time when industry is upbeat. It will allow both visitors and exhibitors to optimally serve their business objectives.
ASSOCHAM, The Associated Chambers of Commerce of India, has joined hands as the co-organizer of the event. This collaboration will deliver greater value to the wire & cable industry.
Advantage India: Robust Demand and Plethora of Opportunities
The year 2020 saw unforeseeable impact worldwide and travel restrictions due to COVID-19 pandemic — however, the beginning of 2021 has witnessed new developments in India’s fight against corona virus. As the vaccination drives in India moves forward — the economy is poised to be more stable and travelling would be more convenient for domestic & international travelers.
The Government of India is expected to invest highly in the infrastructure sector (mainly highways, renewable energy, urban transport, townships, housing, built up infrastructure and construction development projects).
- Indian energy sector is expected to offer investment opportunities worth USD 300 billion over the next 10 years.
- In the Union Budget 2020-21, the Government has given a massive push to the infrastructure sector by allocating Rs. 1,69,637 crore (USD 24.27 billion) to develop the transport infrastructure.
- Communication sector has been allocated Rs. 38,637.46 crore (USD 5.36 billion) to develop post and telecommunications departments.
- Indian Railways has received an allocation of Rs. 72,216 crore (USD 10.33 billion) under Union Budget 2020-21.
- Ministry of Housing and Urban Affairs received an allocation of Rs. 50,040 crore (USD 6.85 billion) under the Union Budget 2020-21.
The infrastructure sector has become the biggest focus area for the Government of India. India plans to spend USD 1.4 trillion on infrastructure during 2019-23 to have a sustainable development of the country. The Government has suggested investment of Rs. 50,00,000 crore (USD 750 billion) for railways infrastructure from 2018-30. This infrastructure push will generate robust demand for Indian wire & cable industry.
In line with the recent announcement and discussion with venue authorities, Cable & Wire Fair 2022 will be organized in accordance with government’s health and safety standards. We have developed a detailed set of enhanced measures to provide the highest levels of hygiene and safety at our event, providing everyone with reassurance and confidence they are participating in a safe and controlled environment.