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Govt initiatives to boost cable industry in India

The industry which has been growing at the rate of around 15 per cent currently will start growing at the CAGR of over 20 per cent over the next five years. The wires and cables industry in India has come a long way, growing from being a small industry to a very large one, over the past decade.The increasing demand for power, light and communication has kept demand high for wire and cable. This trend will continue as demand for reliable, efficient energy and data communications will strengthen the wires and cables industry in the future as well.

Source Link: https://timesofindia.indiatimes.com/business/india-business/govt-initiatives-to-boost-cable-industry-in-india/articleshow/60332457.cms