Between the 6th and 8th October, we’ll be in New Delhi for Cable and Wire Fair 2023. It’s the biggest wire industry trade show on the sub-continent, having grown exponentially in the past five years as the wire manufacturing industry has expanded.
That’s not surprising. The Indian economy is growing rapidly with booming manufacturing, infrastructure, construction, power, and telecoms sectors that all drive demand for the wire industry’s products. And the demand is diverse in nature, with a need to produce many different kinds of wires: electrical, communications cabling, automotive wiring, and more. If we survey the landscape, we can see that the upward trend is likely to continue for a variety of reasons. These include:
1 Sustained demand
As India’s industrial base and urbanized infrastructure continues to expand and modernize, the demand for wiring is unlikely to slow down. If anything, the opposite is true; as the country grows, the demand for wires (think construction cables and telecoms wires) to support its development will almost certainly grow with it.
2 Breadth of demand mitigates risk
As we noted briefly above, there’s demand for numerous different types of wires and that mitigates risk for the industry. Even if one sector slows down, there are others to pick up the slack. The breadth of demand is significant: wires for transmitting electricity in the construction industry, data transmission wiring in the telco sector, power cables for various applications, automotive wiring for vehicles, and various specialist forms of cabling are all presently to the fore.
3 A strong wire manufacturing sector
Given the strength and breadth of demand we’ve noted above, unsurprisingly it’s being met by a strong and active wire manufacturing sector in India with a number of global leaders present or based in the region. Indeed, their presence should make the Cable and Wire Fair New Delhi a particularly interesting show to visit with plenty to learn and discuss!
4 High standards!
The Bureau of Indian Standards is the key player here, with the wire industry in India subject to stringent quality regulations and standards. For the Conoptica team, this is a particularly interesting area to explore as our measurement systems contribute to meeting those regulations and standards. It’s one reason we’re expecting several interesting conversations at the event. Standards and regulations also have an impact on the next point…
5. The export market
As the quality has improved in recent years, so exports of Indian wires abroad have increased, a trend that’s predictably attractive to domestic manufacturers. For this to continue, product quality will remain central and there again, Conoptica has an important role to play. High-quality measurement systems can provide a form of endorsement for the end product itself.
6 Material risk
As is the case elsewhere, raw materials (or the scarcity of them) presents a challenge to the wire manufacturing industry in India. Again, this is an area of discussion for Conoptica since measurement systems lead to a reduction in waste, thereby helping those raw materials go further.
In short, there’s a lot to discuss (and learn about). We would like to invite you to join us for a live demonstration of our instruments at the event in New Delhi! It’s a great way for you to ask technical questions, get to know us, and see how our systems operate. You can also give us your views on any of the topics above, or others raised at the event.
If you’d like to book a meeting with our team, register here, or visit us at booth J2-1.
Conoptica has been providing high tech camera-based measurement solutions for the metal working industry since the 1993. We make sure that the metal working industry has access to key quantitative data about their products and tools. Conoptica is the market leader for measurement equipment in the wire & cable industry.