New Delhi, June 10 -- The Indian wires and cables (W&C) industry is expected to see robust growth over the next five years, driven by rising demand across key sectors and expanding export opportunities, according to a report by Ambit Capital.
After a decade of moderate growth due to sluggish real estate activity and limited transmission and distribution (T&D) capital expenditure, the sector is now entering a more optimistic phase.
Nearly 50 per cent of the W&C demand comes from the real estate and power sectors, including power generation, distribution, and transmission.
Three major drivers are set to fuel this growth: a surge in new real estate launches, increased T&D investments, and the rapid expansion of renewable energy and data c...
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