With the announcements of entry of Ultratech and Adani into this sector all eyes are on the Wires and Cables Market Branded Wires and Cables Market in India was estimated to be around Rs 64,000 crores in FY24. It is expected to grow around 13%-14% CAGR till FY30 as per UBS. Here is a graphic showing the market share of key players in the Wires and Cables Market in India (for FY24). Will the entry of Adani and Ultratech hurt the existing players badly? 🤞
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