India's Cable & Wire Sector Set For Faster Revenue Growth Despite Rising Input Costs: Crisil Ratings
New Delhi, June 3 -- India's cable and wire (C&W) sector is poised for accelerated revenue growth this fiscal, even as manufacturers brace for sharper raw material cost increases driven by tightening global supplies amid the West Asia conflict, according to Crisil Ratings.
The ratings agency's analysis of 17 C&W manufacturers - representing approximately 70 per cent of the organised sector's Rs 1 lakh crore revenue - points to a resilient outlook underpinned by strong infrastructure demand and healthy pricing flexibility.
Strong Track Record, Healthy Demand Ahead
Volumes in the C&W sector have grown at a compound annual growth rate of over 15 per cent over the past five years, driven by rapid digitalisation, growing urbanisation, and r...
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