Growth in Indian Wire and Cable Industry- The Way Forward
Most trackers put the Indian wires & cables market in the mid-single to high-single-digit CAGR zone through the decade, with approximately 6–8% baseline, supported by power, infra and digital buildouts. The demand is fueled by record public capex (capex outlay INR 11.21 lakh crore for FY 25-26), renewables and grid integration, urban transit, metro, data centers and fiberization, housing and commercial real estate upcycle, EV charging and auto wiring. The multi-year visibility comes from RE capacity, now at ~50% of installed capacity (non-fossil), and still accelerating. The DC capacity is expected to increase by more than threefolds by 2030. Also, 5G rollout and National Broadband Mission 2.0 are pushing the deep fiber segment.
Primary Drivers of Wire and Cable Industry Expansion
The primary drivers for the growth of the wire and cable industry are: power & grid with LV/MV/HV cables, conductors, OPGW, renewables addition and smart metering, and T&D upgrades as core.
In railways & metro, large rail capex (INR 2.65 lakh crore capex for FY26 ) and 1,000+ km of operational metro (with >700 km under construction) are sustaining the demand for power, signal, telecom and rolling stock cables. In telecom and data centers, India’s network is rapidly expanding with around 4.65 lakh 5G BTS out of a total ~30 lakh BTS, while data center capacity is set to grow from ~1.3 GW in April 2025 to nearly 4.5 GW by 2030, driving strong demand for high-performance fiber, power cables, control cables, and fire-safety cables.
In construction and real estate, urban housing, commercial hospitals and data-heavy office spaces drive FR or LSZH building wires and low-voltage power and control cables, supported by sustained public capex. In the EV and automobile segment, harnesses, high-temperature and lightweight materials for EVs, charging infrastructure or build-out aligns with India’s 2030 electrification targets.
Watch: Top Cable Companies in India
Major Trends in Terms of Technology, Product Mix, and Supply Chain
Key industry trends include the growing adoption of fire-safety and low-smoke halogen-free (LSZH/FR-LS) compounds in commercial, residential, and data center projects, driven via codes and buyer standards.
Significant MV, HV and extra-HV investments are being made for renewable energy evacuation, with increased deployment of OPGW and ADSS cables in transmission. Telecom densification is accelerating through deep fiber rollouts to towers and FTTH, alongside demand for rugged, high-fiber-count cables and micro-duct solutions.
In data center cables, higher fire-resistance classes, low-loss RF cabling, EMI-shielded control systems, and larger copper and aluminium sections are increasingly required to meet high power density needs. On the supply chain front, the shift toward ‘China+1’ sourcing is boosting Indian compounding and specialty material localization, while data center, rail, and metro sectors are tightening vendor qualification norms.
Impact of New Entrants in the Industry
More domestic brands and global JV/tech tie-ups are expanding capacity and pushing differentiation in fire classes, CPR-style performance for export, faster lead times. The net effects of this is sharper pricing, shorter NPD cycles, stronger QA or traceability, which is good for end-users, but tightening margins for manufacturers.
Crucial Financial Information, Important Events, and Advancements
Our financials are projected to reach ~USD 17 million in sales in 2025, a 30% hike from 2024 driven by a product mix shift toward higher-performance compounds and tapes. On the commercial front, we have expanded volumes in LSZH, FR-XLPE, self-cured XLPE, semicon compounds, WB tapes and yarns, PTFE tapes, and polyimide/mica tapes with leading cable makers, while also adding new SKUs tailored for data center and metro rail specifications. On the supply side, we have deeper programs with strategic partners through improved LC/credit structures and adopted multi-port logistics options to de-risk critical lanes.
Significant Expansions, Investments, and Capacity Enhancements
We are expanding our portfolio in FR/LSZH compounds, DC-grade building wires materials, EV harness inputs, and OFC components (FRP rods, PBT, ripcords, WBT). For quality & compliance, we are creating tie-ups with more third-party testing firms, developing pre-qualification packs for rail, metro, and data center projects, and stocking popular grades in both Europe and India to enable faster turnaround times. For financing and risk management, we are broadening our trade-credit coverage and structured letter of credit (LC) options to support customer cash cycles without pricing leakage.
Future Readiness to Compete in the Evolving Market
To compete with the future-ready, evolving market, we are focusing on category leadership with ‘performance-critical’ niches such as fire-safe building wires, DC-spec materials, rail/metro cables, high-speed OFC. We are strengthening supply resilience through near-stock availability for A-movers and predictive demand planning based on customer project pipelines. On the commercial side, we are pursuing TCO-based bids that integrate price with payment term structures.
For compliance and documentation, we have ready-to-submit dossiers (BIS/EN/IEC/UL where applicable), with traceability and sustainability disclosures as customers tighten ESG screens. We have secured CACT approvals for key grades of WB tapes and yarns, and BIS approvals are in progress for key materials.
B2B Exhibitions Fueling Industry Growth
B2B exhibitions like Cable & Wire Fair help industry growth in three concrete ways: compress vendor qualification cycles with live audits and sample reviews; accelerate NPD via direct spec-owner dialogues ; and open export lanes with regional distributors. The 2025 edition is materially larger, with 500+ exhibitors; 35,000 sq m gross area, we are looking forward to connecting with peers and customers alike.
Also Read: Patil Group To Set Up 50,000 MTPA Greenfield Spring Steel Wire Production Plant in Maharashtra
Past Participation Experience in Cable & Wire Fair
We have historically received 3–5 net-new enterprise accounts per edition, with 9–12-month conversion windows. On the partnerships front, we have deepened China–India–EU supply bridges and secured exclusive or priority allocations for key compounds and tapes. In branding, we have engaged in thought-leadership meetings with large customers that have successfully converted into trial orders.
Expectations from Cable & Wire Fair 2025
In the Cable & Wire Fair 2025, visitors can expect: a fire-safety-first materials on the table such as LSZH/FR-XLPE compounds, mica/polyimide tapes, CPR-export guidance.We will also showcase data-center kits comprising WB tapes, FRP rods, sheath materials, and comprehensive documentation packs aligned with the requirements of DC specifiers. Keeping rail and metro infrastructure in focus, we will also present low-smoke, low-toxicity materials and cable components mapped to key rail clauses.
On the commercial tools side, we offer a structured menu of price-versus-payment-term options—including spot, LC 60/90/120, and supply-chain finance—designed to balance competitiveness while protecting both cost and cash flow. We will also have on-the-spot tech consults, sample scheduling, and QA/COA templates to shorten the visitor’s approval cycle.
Visit Stand: Hall 4/ N4-1 at Cable & Wire Fair 2025, New Delhi
