Growth in Indian Wire and Cable Industry- The Way Forward
The Indian wire and cable industry is experiencing strong and sustained growth, projected to continue due to surging demand in infrastructure, real estate, renewable energy, and telecommunications.
The key drivers include government investments in metro railways and smart cities, expanding affordable housing projects, and the ongoing rollout of 5G and renewable energy networks. This growth is expected to last, as these developmental initiatives continue to progress, and expand across the country.
The demand for wires and cables is fueled by infrastructure development, real estate boom, renewable energy push, digital infrastructure & 5G rollout, industrialization & data centers, and electric vehicles (EVs). The growth is expected to be sustainable in the medium to long term due to continued government focus, urbanization and housing, and technological advancements.
Watch: Top Cable Companies in India
Major Trends in Terms of Technology, Product Mix, and Supply Chain
The wire and cable industry is undergoing a transformation, driven by the growth of renewable energy, digital infrastructure, and electric vehicle (EV) markets. Technology trends include increased automation and digitalization in manufacturing, with companies exploring AI and blockchain for supply chain optimization. The product mix is shifting towards more specialized cables, such as solar-grade, fire-resistant, fast-charging EV, and fiber optic cables. Supply chains are becoming more resilient through diversified sourcing and risk management strategies to mitigate disruptions from geopolitical tensions and raw material price volatility.
Impact of New Entrants in the Industry
The entry of new, large players into the cable and wire industry intensifies competition, forcing existing companies to innovate with new materials, focus on sustainability, and improve product quality, leading to better consumer offerings and potential market consolidation. This competitive pressure is amplified by the demand for sophisticated cables for renewable energy and smart infrastructure, which drives the development of advanced, high-performance, and cost-effective wire solutions.
Future Readiness to Compete in the Evolving Market
To lead in the competitive and rapidly changing cable and wire market, my firm is focusing on innovation in smart cables with AI and IoT, developing tapes for specialized cables for renewable energy and high-speed data, investing in efficient manufacturing and cost control, embracing digitalization for marketing and sales, and strategically pursuing mergers and acquisitions to expand capabilities and market presence.
Key efforts include ensuring compliance with international standards, fostering skilled sales and technical teams, and adapting to trends like hybrid cables and fiber optics for high-speed data transmission.
B2B Exhibitions Fueling Industry Growth
B2B exhibitions like the Cable & Wire Fair foster industry growth by acting as a nexus for networking, knowledge sharing, and business development. They accelerate market discovery, technology adoption, and deal-making, bringing together key stakeholders, manufacturers, buyers, and technology experts to forge new relationships, showcase innovations, and accelerate industry trends.
The Cable & Wire Fair specifically serves as a catalyst, connecting India’s expanding wire and cable sector with growth drivers like infrastructure development, renewable energy, and the digital economy. It facilitates business & networking via direct connections, relationship building, market expansion, showcasing advancements, knowledge exchange, and driving R&D. It also catalyzes industry growth through market discovery, industry consensus, supporting national initiatives, and connecting global opportunities.
Past Participation Experience in Cable & Wire Fair
Past participation in Cable & Wire Fair benefits businesses by providing significant exposure to new customers and markets, fostering partnerships with other industry players, and generating new opportunities through networking and showcasing innovation. It gives exposure and market penetration by showcasing products, broad audience reach, and competitive analysis. It also facilitates partnerships and networking via direct client engagement, supplier and partner development, and networking opportunities.
It also brings new opportunities and business growth through lead generation, identifying growth drivers, innovation and technology, and market sentiment and recovery. The volume of customer interest and inquiries generated at the event provides a positive indicator of market recovery and growth potential within the electrical and wire & cable sectors.
Expectations from Cable & Wire Fair 2025
At Cable & Wire Fair 2025, visitors can network with industry professionals, discover new technologies, and find business opportunities in the growing Indian and global wire and cable market.
At the electrical insulation tape booth, visitors can learn about innovative insulation products, engage with experts for technical discussions, and explore solutions for emerging market needs such as EV charging, data centers, and renewable energy infrastructure.
Some of the expectations for Cable & Wire Fair 2025 are business and networking, market insights, and new technologies. The event will be a prime platform for connecting with potential customers, suppliers, and key players in the wire and cable industry from around the world. Visitors can gain valuable knowledge and insights into the industry’s growth trends and the impact of government initiatives like Make-in-India, Digital India, and Smart Cities.
Visitors can discover new and improved electrical insulation tapes designed for high-performance applications, catering to the evolving demands of the market. They can engage in direct conversations with experts to understand how these products can address their specific technical challenges and meet industry standards. They can learn about tapes that support critical areas such as mass electrification projects, data centers, renewable energy grids, and electric vehicle (EV) charging networks, and meet the team behind the products to discuss potential collaborations and find solutions tailored to their needs.
Visit Stand: Hall 5/ C10-4 at Cable & Wire Fair 2025, New Delhi
