Growth in Indian Wire and Cable Industry- The Way Forward
The Indian wire and cable industry is witnessing robust growth, fuelled by infrastructure expansion, the surge in energy demand, and rising consumption from sectors such as automobiles, agriculture, and renewable energy. Major government-led initiatives in railways, rural electrification, and smart cities are playing a pivotal role in this expansion. Urbanization and the housing boom further strengthen the demand base, while India’s ambitious solar and wind power targets provide a steady push for specialized cables.
The government’s ‘Make-in-India’ program and Production-Linked Incentive (PLI) schemes are creating a favourable environment for domestic manufacturing. GST rationalization is also expected to improve consumption soon. At the same time, growing interest in sustainable and eco-friendly products is reshaping consumer preferences.
Manufacturers are increasingly adopting advanced technologies to improve productivity and align with global quality standards. Additionally, India’s focus on renewable energy, the rapid rise of data centres, and the rollout of 5G are driving significant demand for optic fibre and other specialized cables. All these factors combined suggest that this growth trajectory is sustainable in the medium to long term.
Also, Patil Group is set to strengthen its presence in the steel industry with the establishment of a state-of-the-art wire manufacturing plant at Chandrapur, located near Nagpur. The facility is designed with a capacity of 50,000 MT per annum and is specialize in high carbon drawn steel wires catering to diverse engineering applications. With a strong focus on sustainability through initiatives like solar energy usage, rainwater harvesting, and zero liquid discharge systems, the project represents a forward-looking blend of industrial growth and environmental responsibility.
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Major Trends in Terms of Technology, Product Mix, and Supply Chain
Several important shifts are reshaping the industry. The EV revolution, renewable energy expansion, and the adoption of 5G are fuelling demand for specialized steel wires that combine light weight with high strength. On the operations side, digitalization, automation, and AI are increasingly being deployed across production and supply chains, enhancing efficiency and resilience.
Companies are consciously working to build stronger, more reliable supply chains to counter risks from global disruptions or raw material shortages.
In the construction sector, India is seeing a transition towards precast solutions in housing, institutional, and industrial projects. This approach accelerates project timelines and ensures better quality control. Many large industrial groups are setting up their own precast facilities to speed up captive projects, which in turn drives demand for wires and related products. Importantly, the Ministry of Road Transport & Highways is moving towards mandating greater use of precast concrete in road projects—raising the requirement from 25% to 75%—to reduce pollution, cut costs, and deliver projects faster.
Impact of New Entrants in the Industry
The entry of new manufacturers is intensifying competition, driven by strong infrastructure development, government-backed electrification programs, and growing export prospects as global supply chains diversify. Domestic demand from construction, power transmission, railways, and real estate continues to attract fresh investment into the wire and cable segment.
New entrants are often adopting sharper strategies centered on quality improvements, cost optimization, and technological upgrades. In response, established players are modernizing their facilities, investing in advanced machinery, and raising automation levels to maintain consistency and productivity. At the same time, the global push to reduce dependence on China is opening fresh export opportunities for India, positioning the country as a reliable and competitive global supplier.
Future Readiness to Compete in the Evolving Market
Patil Group already operates a 5,000 MT/month steel wire drawing facility to serve its railway sleeper manufacturing plants, where it commands around 40% of the Indian market share. Looking ahead, the Group is setting up a greenfield plant in Chandrapur, Maharashtra, dedicated to ‘Spring Steel Wire’ production with a capacity of 50,000 MT per year. This facility is being designed with state-of-the-art machinery to cater to key industries such as automotive, power, construction, and engineering, covering wire diameters from 0.2 mm to 8.0 mm.
Key highlights include a fully automated tunnel pickling plant ensuring consistent scale removal and coating, wire drawing machines capable of handling larger coil sizes for high-productivity spring manufacturing, and fully automated packaging systems that eliminate manual handling. With these advanced features, the facility will meet international standards in efficiency, quality, and sustainability.
B2B Exhibitions Fueling Industry Growth
B2B events like the Cable & Wire Fair act as vital platforms for growth. They enable meaningful interactions between decision-makers, which often translate into long-term partnerships and business opportunities.
For Patil Group, these exhibitions are a stage to showcase manufacturing excellence, present technological innovations, and strengthen its positioning in a highly competitive market. They also serve as learning grounds, offering access to technical sessions, live demonstrations, and innovation showcases that align the company with both global practices and India’s infrastructure push. Beyond brand building, these fairs generate qualified leads, making them a direct enabler of business growth.
Also Read: Proton Products: Initiates Direct Operations in India to Advance Ultra High-Speed Gauge Technology
Expectations from Cable & Wire Fair 2025
The Cable & Wire Fair 2025, taking place from 4–6 November at Bharat Mandapam, New Delhi, is expected to be a large-scale event with 500+ exhibitors and over 15,000 visitors across 35,000 sq. m. The co-location of the Tube & Pipe Fair and Bharat Metal Expo adds further depth, offering a consolidated platform covering cables, tubes, metals, telecom, energy, and infrastructure. Alongside the exhibition, the CEO conclave, technical conference, live demos, and innovation pavilion will provide strong avenues for knowledge-sharing and networking.
At the Patil Group booth, visitors can expect demonstrations of the latest wire manufacturing technologies and insights into the company’s sustainability initiatives, particularly eco-friendly and energy-efficient processes. The booth will also feature case studies, product literature, and opportunities for one-on-one discussions with senior leadership and technical experts, creating a collaborative space for building strong and lasting business partnerships.
Visit Stand: Hall 3/ T2-1 at Cable & Wire Fair 2025, New Delhi
