There are now more than 650 significant producers of wire and cable and bare conductor in India, and the market grew past the US$6 billion mark in 2010.
The market currently has some significant national producers, however if we were to look back 10 years, a number of leading players that were dominant have, to some extent, been superseded by new entrants. Indeed, there now seems to be a change in the Indian cable sector, with a sharp increase in overseas investment and technology transfer in some sectors, notably high and extra-high voltage power cable.
There is also increased demand from the industrial sector, meaning companies do not have to rely on government projects. As a result, we have seen investment from a number of companies including: Finolex Cables, Polycab, Ravin Cables, Diamond Power and KEI Industries. In most cases they have teamed up with top-tier companies such as J-Power Systems, Nexans, Prysmian and Brugg Kabel.
All data and analysis above was taken from our Regional Study: India which covers:
- Production mix and revenues of the leading 200 cablemakers
- Detailed capacities of the leading 70 producers
- Profiles of the key producers, their product mix, market share and customers
- Financial data on each producer
- Projects requiring Wire & Cable in India
- Macroeconomics of the region and political risk
- End-use demand and five year forecasts
Wire & Cable Regional Studies
Our India study is one of a series of quarterly studies that gives you a complete overview of a global region, using a specific methodology. Integer’s other published studies include Brazil and China, with North America to be released later this year.