What is the size of Wire and Cable Market in India | Trends & Growth Analysis 2026

Code: MTA11393 Publication Date: Dec 2025

What is the growth rate of the India Wire and Cable Market?

According to 6Wresearch internal database and industry insights, the India Wire and Cable Market is expected to grow at a CAGR of 10.8% during 2026-2032.

The main drivers of this growth are expanding power infrastructure projects, rising demand for electrification, and increasing adoption of cables for residential and commercial construction. Growing integration of renewable energy systems and rising digital connectivity also fuel demand.

Growth Factors for India Wire and Cable Industry

  • Infrastructure expansion across power transmission and distribution networks fueling cable demand.
  • Rising construction activity increasing demand for wiring in residential and commercial buildings.
  • Growth in renewable energy installations requiring specialized power cables.
  • Expansion of telecom and data connectivity infrastructure driving demand for communication cables.
  • Urban electrification and smart-grid projects increasing need for advanced wiring solutions.

India Wire and Cable Market Trends

The India Wire and Cable Market trends include growing demand for low-voltage and high-voltage power cables to support expanding electricity distribution networks. Use of fibre-optic and communication cables is rising sharply to meet increasing digital connectivity and broadband needs. Manufacturers are increasingly focusing on safety-compliant, energy-efficient, and fire-retardant cables. Demand is also rising for cables suited for renewable energy integration and smart-infrastructure projects.

Emerging Developments in the India Wire and Cable Market

India wire and cable market is undergoing rapid development as the nation's leading manufacturers are expanding production capabilities to keep pace with increasing growth in demand for power and telecommunications cables, driven by increased investment in both renewable energy projects and the development of smart grid-based electricity distribution systems. Urbanisation continues to create new opportunities for cable producers, both through growth in urban populations and the continued electrification of more rural areas.

List of Leading Companies in the India Wire and Cable Market

Some of the leading companies include:

  • Polycab India Limited
  • Finolex Cables Limited
  • Havells India Ltd.
  • KEI Industries Limited
  • RR Kabel
  • Sterlite Technologies Ltd.
  • RRV Cables & Conductors Ltd.

Frequently Asked Questions About the Market Study (FAQs):

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