Growth in Indian Wire and Cable Industry- The Way Forward
The Indian wire and cable industry is currently prospering. Each company is investing heavily in infrastructure and innovations and increasing the production capacities to meet the national as well as global demands. The growth of the industry looks sustainable in the medium term, although margins may be tested by commodity fluctuations and competitive pressures.
Developing real estate infrastructure, government policies for urban and smart cities, awareness for renewable energy and EV are the key driving factors for the increased demand. With US tariffs and strained export relationships hovering over the Indian market, the strategy is to develop relations and look for new global opportunities. India will have a pivotal role in this, as an international supplier, supporting the sustained growth. Diverse demand and strong capex suggest that growth will likely continue.
Watch: Top Cable Companies in India
Major Trends in Terms of Technology, Product Mix, and Supply Chain
With AI taking over the market, production analysis and daily monitoring has become easier. It has certainly proved to be a leap in technology. Generative designs, machine simulation, part and element analysis, optimal layouts and performance forecasting by AI have made machine designs more advanced and effortless. With the aid of new technological advancements in the electrical sector, the machines are now more efficient, consume less energy, and are more productive and responsive. Government efforts for Make-in-India are strengthening the domestic supply chain and boosting export supply.
Impact of New Entrants in the Industry
With the introduction of new players, the market has experienced strategic repricing of products, backward integration, multi location expansions and exit pressure for unorganized players. The market has shifted from a surviving state to a globally competitive state, ready to supply and take on new challenges.
Future Readiness to Compete in Evolving Market
Our firm is proactively positioning itself to lead in a rapidly evolving and highly competitive market. We are expanding production capacity with the latest facilities, strengthening and maintaining a disciplined financial profile. We have been regularly upgrading our machine designs with new technologies. Our objective is to develop a state of the art manufacturing unit with all in-house facilities including CNC, VMC, VTL, gear teeth cutting and grinding- for machine manufacturing under one roof. The focus is to develop highly efficient and durable machines at a global stage.
B2B Exhibitions Fueling Industry Growth
The phrase “Out of sight, out of mind” reflects the importance of such global events. Companies which fail to participate in such events eventually are paved out of the competition. These events prove how critical global presence is in today’s competition. Cable & Wire Fair is a powerful business tool for exhibitors because it brings together buyers, sellers, competitors, and global market leaders under one roof.
Past Participation Experience in Cable & Wire Fair
We have been participating in this particular fair since its first edition and it has benefited us with direct customer engagement, brand recognition and also offering market insights. It offers strategic positioning in the industry and identifies emerging trends and customer preferences. We have had an opportunity to demonstrate our workmanship which have yielded new orders and opportunities.
Also Read: Kemtree Enterprises: Driving Innovation Through Strategic Alliances & Customer-Centricity
Expectations from Cable & Wire Fair 2025
For Cable and Wire Fair 2025, we are expecting more global footfall which will open doors to new opportunities. Every edition of Cable & Wire Fair has been exciting and insightful. We will be displaying our latest machine design at our booth this year and our team will be delighted to share our new developments and services with each visitor. We will share our milestones, experience and technological advancements with our visitors which will pave our way to one of the leading manufacturers of cable and wire machines.
Visit Stand: Hall 5/ H4 at Cable & Wire Fair 2025, New Delhi
