Wires and cables, per 1Lattice Data and Insights, Jul 2025 (commissioned by a company).
Source: 1Lattice Data and Insights, Jul 2025 [1]
The Indian wires and cables industry is driven by rapid digital infrastructure expansion, 5G rollouts, rising data consumption, and government initiatives like BharatNet. Within broadband cables, the Indian networking cables market was valued at ₹ 3590.00 crore in FY26 and is projected to expand at an 18.7% CAGR to reach ₹ 8450.00 crore by FY31, making it the fastest-growing sub-segment. Furthermore, the Indian fibre-optic cable market is expected to grow from ₹ 10500.00 crore in FY26 to ₹ 23310.00 crore by FY31 at a 17.3% CAGR. [2]
The overall Indian wires and cables market was valued at ₹ 88,500.00 crore in FY26 and is projected to reach ₹ 1,65,000.00 crore by FY31 at a CAGR of 13.3%. Within broadband and digital infrastructure, the Indian networking cables market was valued at ₹ 3,590.00 crore in FY26 and is expected to expand at an 18.7% CAGR to reach ₹ 8,450.00 crore by FY31. The fibre-optic cable market in India stood at ₹ 10,500.00 crore in FY26 and is forecasted to grow to ₹ 23,310.00 crore by FY31 at a CAGR of 17.3%. [1]
| Figure | Period | Value |
|---|---|---|
| Market size - Indian wires and cables [1] | FY2026 | ₹88,500 crore estimate |
| Market size forecast - Indian wires and cables [1] | FY2031 | ₹1.65 lakh crore forecast |
| Indian wires and cables market CAGR [1] | FY2026–FY2031 | 13.3% forecast |
| Market size - Indian networking cables [1] | FY2026 | ₹3,590 crore estimate |
| Market size forecast - Indian networking cables [1] | FY2031 | ₹8,450 crore forecast |
| Indian networking cables market CAGR [1] | FY2026–FY2031 | 18.7% forecast |
| Market size - Indian fibre-optic cables [1] | FY2026 | ₹10,500 crore estimate |
| Market size forecast - Indian fibre-optic cables [1] | FY2031 | ₹23,310 crore forecast |
| Indian fibre-optic cables market CAGR [1] | FY2026–FY2031 | 17.3% forecast |
The Indian networking cables market is broadly categorized into UTP (Unshielded Twisted Pair) copper networking cables (CAT5, CAT5e, CAT6, CAT6A), optical fibre cables (single mode and multimode up to 288 fibres), CCTV/coaxial cables, and patch cords/allied passive hardware accessories. CAT6 and CAT6A networking cables account for over 65% of total networking cable demand in India, driven by high-speed enterprise data transmission needs. [1]
| Figure | Period | Value |
|---|---|---|
| CAT6 and CAT6A market share in networking cables [1] | FY2026 | 65% estimate |
Key industry demand drivers include:
| Figure | Period | Value |
|---|---|---|
| Data centre capacity expansion forecast [1] | FY2030 | 1,800 MW forecast |
Indian cable manufacturers have significantly expanded domestic manufacturing capacity to align with the 'Make in India' framework. Domestically produced cables now account for over 80% of total networking cable supply in India, gradually replacing imported cables. However, key raw materials such as refined copper wire rods and specialized LSZH polymer compounds remain susceptible to global commodity supply chain movements. [1]
| Figure | Period | Value |
|---|---|---|
| Domestic supply share in Indian networking cables [1] | FY2026 | 80% estimate |
India's wires and cables trade balance has progressively improved with rising domestic manufacturing capacity. [1]
| Figure | Period | Value |
|---|---|---|
| EU anti-dumping duty upper bound [1] | FY2026 | 11.4% estimate |
| US reciprocal import tariff upper bound [1] | FY2026 | 26% estimate |
Pricing in the wires and cables industry is heavily tied to international LME (London Metal Exchange) copper and aluminum benchmark prices plus polymer processing markups. Industry EBITDA margins for networking and specialty cable manufacturers typically range between 8% and 14%, depending on product customization, proportion of optical fibre vs copper cables, and backward integration. [1]
| Figure | Period | Value |
|---|---|---|
| Industry EBITDA margin lower bound [1] | FY2026 | 8% estimate |
| Industry EBITDA margin upper bound [1] | FY2026 | 14% estimate |
The value chain for networking and optical fibre cables comprises:
The Indian networking cables industry comprises organized domestic manufacturers and imported Chinese/multinational brands. Key competitors include Polycab India Limited, RR Kabel Limited, Finolex Cables Limited, KEI Industries Limited, and Sterlite Technologies Limited. [1]
| Figure | Period | Value |
|---|---|---|
| Orient Cables networking cables market share [1] | FY2026 | 22.9% estimate |
| Orient Cables networking cables revenue [1] | FY2026 | ₹823 crore estimate |
Key regulatory and quality frameworks include:
The long-term outlook for the Indian networking and optical fibre cables industry remains highly favorable, driven by 5G expansion and data centre growth. Principal industry risks include:
| Topic | Figure | Period | Value |
|---|---|---|---|
| Market size and growth | Market size - Indian wires and cables [1] | FY2026 | ₹88,500 crore estimate |
| Market size and growth | Market size forecast - Indian wires and cables [1] | FY2031 | ₹1.65 lakh crore forecast |
| Market size and growth | Indian wires and cables market CAGR [1] | FY2026–FY2031 | 13.3% forecast |
| Market size and growth | Market size - Indian networking cables [1] | FY2026 | ₹3,590 crore estimate |
| Market size and growth | Market size forecast - Indian networking cables [1] | FY2031 | ₹8,450 crore forecast |
| Market size and growth | Indian networking cables market CAGR [1] | FY2026–FY2031 | 18.7% forecast |
| Market size and growth | Market size - Indian fibre-optic cables [1] | FY2026 | ₹10,500 crore estimate |
| Market size and growth | Market size forecast - Indian fibre-optic cables [1] | FY2031 | ₹23,310 crore forecast |
| Market size and growth | Indian fibre-optic cables market CAGR [1] | FY2026–FY2031 | 17.3% forecast |
| Segments | CAT6 and CAT6A market share in networking cables [1] | FY2026 | 65% estimate |
| What drives demand | Data centre capacity expansion forecast [1] | FY2030 | 1,800 MW forecast |
| Production and capacity | Domestic supply share in Indian networking cables [1] | FY2026 | 80% estimate |
| Exports and imports | EU anti-dumping duty upper bound [1] | FY2026 | 11.4% estimate |
| Exports and imports | US reciprocal import tariff upper bound [1] | FY2026 | 26% estimate |
| Prices, inputs and margins | Industry EBITDA margin lower bound [1] | FY2026 | 8% estimate |
| Prices, inputs and margins | Industry EBITDA margin upper bound [1] | FY2026 | 14% estimate |
| Competition and structure | Orient Cables networking cables market share [1] | FY2026 | 22.9% estimate |
| Competition and structure | Orient Cables networking cables revenue [1] | FY2026 | ₹823 crore estimate |
According to 1Lattice Data and Insights (July 2025), the wires and cables market was ₹88,500 crore in FY2026, an estimate, as that period had not ended when it was published.
1Lattice Data and Insights projects ₹1.65 lakh crore by FY2031, a growth rate of 13.3% a year over FY2026–FY2031. Forecasts are the source's, not FinMinutes'.
The Indian networking cables industry comprises organized domestic manufacturers and imported Chinese/multinational brands. Key competitors include Polycab India Limited, RR Kabel Limited, Finolex Cables Limited, KEI Industries Limited, and Sterlite Technologies Limited.
Built from 2 sources: 2 company-commissioned reports. Each figure carries its source number, which links to the full source list with dates and page references.
Figures are quoted from the sources listed above, with their dates and page references. They are not FinMinutes estimates and are not a recommendation about any security. All industries →