Real Estate and Exports Fueling Growth in India's Wires and Cables Industry
The Indian wires and cables (W&C) industry is poised for robust growth over the next five years, driven by increased demand from the real estate sector and expanding export opportunities.
Real EstateWires And CablesExportsData CentresRenewable EnergyReal Estate NewsJun 10, 2025
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 centre infrastructure.
Real estate alone contributes to around 35 per cent of W&C applications, while cables account for a significant portion of T&D capex. The rise of data centres, in particular, is creating a new avenue for demand, as cables make up about 8-10 per cent of their total capital expenditure. With digitalisation accelerating, this segment is expected to become a vital growth contributor.
On the global front, Indian W&C exports have reached USD 2 billion in the last five years, recording a robust 18 per cent compound annual growth rate (CAGR). Indian companies are expanding their footprint in markets like the US and the Middle East and are now targeting Europe. Many firms are also working to obtain product-level certifications to tap further into these regions.
Initially, the export push will likely focus on low-voltage and medium-voltage cables, where Indian manufacturers already have strong capabilities. With growing domestic demand and export momentum, the Indian W&C industry is positioned for a phase of sustained and higher growth in the coming years.
Frequently Asked Questions
What are the main drivers of growth in the Indian wires and cables industry?
The main drivers of growth in the Indian wires and cables industry are a surge in new real estate launches, increased transmission and distribution investments, and the rapid expansion of renewable energy and data centre infrastructure.
How much of the W&C demand comes from the real estate sector?
Real estate contributes to around 35 per cent of W&C applications.
What is the current status of Indian W&C exports?
Indian W&C exports have reached USD 2 billion in the last five years, recording a robust 18 per cent compound annual growth rate (CAGR).
Which markets are Indian W&C companies targeting for exports?
Indian W&C companies are expanding their footprint in markets like the US, the Middle East, and are now targeting Europe.
What segment of the W&C industry is expected to become a vital growth contributor due to digitalisation?
The data centre segment is expected to become a vital growth contributor due to the increasing demand for digital infrastructure.
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