New Delhi, Feb. 27 -- India's cable and wire industry has significant growth potential in exports, amid a balanced demand-supply scenario in the domestic market. Some companies may choose to allocate their additional capacities to meet export demand, according to a report by Nuvama Research.

It said, "The industry has significant growth opportunity in exports and hence some players may be able to divert capacities, thus further limiting the impact of such new additions".

The report also noted that one of the key trends observed in the industry is the shift from unorganised to organised market players. The organised segment's market share has likely increased from 68 per cent in FY19 to around 73 per cent in FY24. This shift is expected ...