This report captures one of the largest segments of the global electrical equipment market. The Indian electrical equipment industry is segmented into the generation equipment sector and transmission and distribution sector. The wire and cable industry in India covers approximately one quarter of the total transmission and distribution segment. The electric wires and cables market is expected to witness rapid growth in the coming years due to government investments in power and telecommunication plus dynamic industrialization and rapid urbanization. However, the increasing price of raw materials adversely affects the growth of this industry, as well as increased competition from unorganized sectors and inexpensive imports.
This report presents an overview of the market, and the potential for growth at the national and international level. Government investments in technology and renewable energy are expected to support the growth of this market.