Wires and cables are the only way to move energy from one location to another. Wires companies revenue has grown at a CAGR of 14-15 per cent over the last 15 years. Power is essential to life, and we need state-of-the-art cables to transmit and distribute it in today’s world. wires companies all over the world are working hard to meet the rising demand for high-quality cables. Many of them have been able to maintain a consistent supply of cables, and some of them are supplying cables that are not only long-lasting and dependable but also secure for customers.
The top wires manufacturers in India have been profiled in this article by Wire & Cable India magazine. These are companies that are recognised for their dedication to quality and creativity, as well as their efforts to extend their global footprint.
India’s wires companies have consistently performed well in order to contribute their best to the country’s power sector and economy. Let’s take a look at the top Wires and Cables Manufacturers firms, as measured by revenue, volume, net profit, and growth rate:
KEI wires industries
KEI, based in Delhi, Wires and Cables Manufacturers provide a variety of high-quality cables, including low-tension and high-tension power cables, winding wires, and more. These cables meet the needs of a variety of industries, including railways, fertilisers, and real estate. In addition to India, it conducts business in Dubai, Singapore, South Korea, and Kazakhstan.
Its four cutting-edge plants are in Bhiwadi (Rajasthan), Silvassa (Dadra and Nagar Haveli), and Pathredi (Karnataka) (Rajasthan)
Polycab wires India
Polycab India Limited, with 22 manufacturing facilities dedicated solely to wires and cables. However, is making a significant contribution to the lightening of our world. Power cables, instrumentation cables, solar cables, building wires, multicore cables, communication cables, and control cables are all produced by the company. When it comes to CSR principles, Polycabl has always strived to improve society’s health and hygiene. The corporation has also committed to providing health care to low-income people in the form of free drugs, treatments, and medical insurance.
Finolex
Finolex wires, a well-known brand, serves the cable industry through its five high-tech cable manufacturing facilities in Pimpri, Urse, Goa, and Roorkee. It is one of the few electrical industries with over 4,000 channel partners and 30,000 distributors around the world. In both the industrial and residential sectors, the brand is known for supplying high-quality electric cables.
Prime wires
In recent years, Prime Cables has established itself as one of India’s best cable manufacturing brands. Prime Cables’ high-quality insulated cables have become the preferred option of a large number of Indian customers. The company sells high-quality cables and wires that are fire resistant, temperature resistant, and have a long life expectancy.
V-guard
V-guard promises to bring a brighter future to our homes and businesses. We supply world-class wires and cables to Indian electrical stores with the help of over 1000 employees and modern equipment. It not only empowers the electrical industry, but it also helps the needy by supplying ambulances to government hospitals and non-governmental organisations.
KEC Limited
KEC International is based in Mumbai and operates two manufacturing facilities in Mysore and Vadodara. Since the brand is so well-known, it never sacrifices the consistency of its cables and wires. Its high-quality insulated cables bring in more than 20% of annual revenue.
Havells
Havells guarantees that the wires will not catch fire because they are insulated with high-quality PVC. Its cable manufacturing facility is located in Alwar, Rajasthan, and produces over 70,000 kilometres of insulated cable per year. Havells sells roughly 97% of its total output in India and the remaining 3% outside the region.
Sterile technologies
Sterlite Technologies Ltd. is spin off. Sterlite Power Transmission Limited opened branches in New Delhi, Mumbai, Gurgaon, Rio de Janeiro, and Sao Paulo in 2016, employing approximately 350 people. It not only manufactures cables but also offers turnkey solutions for upgrading and increasing corridor intensity.
Diamond Pvt Ltd.
The company is currently undertaking Rs. 753 crore expansion plan to increase the capacity of its medium voltage cables, conductors, and ancillary device, as well as its wind turbine. The ancillary unit’s job will be to make XPLE compounds and steel drums, which will help support the MVC and conductors in general. The expansion is schedule to finish in 2015-16.
Shilpi cables
Shilpi Group is working with E&Y to develop a growth strategy that will see the company reach $1 billion in revenue by 2020. As part of this strategy, the Group has begun a major copper product project. In Abu Dhabi, UAE, with a total investment of USD 155 million. In 2014-15, the company plans to launch its own brand of house wire and modular switches, according to the schedule.
Conclusion
These are the top wires and cables manufacturers in India that offer the best products at affordable prices.
