As per GOI data, electricity demand increased more than 1.5x between 2013-14 and 2022-23, while peak demand grew by 78% +
Here's a small 🧵on Indian Wire & Cable Industry
(1/n)
A wire is a metallic conductor, mainly made of copper, that is used for conducting electricity
A cable is a group of wires that are bonded and twisted together for the transmission of electrical or optical signals
(2/n)
1. Solid Wires - Solid wires are single conductor materials that reduce resistance, suitable for operations within higher frequencies.
2. Stranded Wires - The second type of wire is the stranded wire, which is composed of thin strands twisted together
(3/n)
1) Polycab
2) Havells
3) Finolex Cables
4) KEI Wires & Cables
5) RR Kabel
Organized sector constitutes 60-65% of the total electrical wire market in India, leaving the remaining 35-40% to the unorganized sector
(4/n)
Copper - Primary conductor material
Aluminum - Used as a conductor in some cables
Polyethylene (PE) - Used for insulation
Polyvinyl Chloride - Used for insulation and jacketing
Cross-linked Polyethylene (XLPE) - Used for high-temperature cables
(5/n)
High voltage cables are expected to dominate the market share
(6/n)
- Increasing Demand for Renewable Power Generation
- Growing Demand from Data Centers and IT Facilities.
- Demand for Cables in Railways
- 5G Infrastructure will Create the Demand for Cables
- Escalating urbanization & Growth in Infrastructure
(7/n)
(8/n)
expertmarketresearch.com
trenderior.com
satmaximum.com
gharpedia.com
blog.havells.com
aerosusa.com
pib.gov.in
conwire.com
business-standard.com
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