List of Profitable Business Ideas in Wire Cable Manufacturing Industry

 

Production of PVC Electric Wires & Cables, Copper, Aluminium Wire & Cables, Power Cable, Fiber Optical Cables, PVC & XLPE Cables, HT & LT Power cables, Control Cables, PVC Insulated Cable, MV Cables, Building Wires, Automotive Cables, UPS Cables, Winding PVC Cables, Jelly Filled Telephone Cables (JFTCs), Co-axial Cables, LAN Cables, Wire Drawing and Stitching Wire.

 

Wires and cables play an indispensable role in today’s digitally advanced life and find extensive usage across a number of applications in several industries. The extensive usage and applications of wires and cables across various industries will put the wires and cables industry on the right path for the future.

 

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Wires and cables market in the world and in India is highly fragmented, with the presence a number of small and medium enterprises. The organized sector manufactures high voltage durable cables, whereas the unorganized sector mainly captures the low voltage market, where products are mainly separated on the basis of the price. The wires and cables market is presently at its growing stage in our country and is expected to be capturing a significant share in the electrical equipment industry in the upcoming years.

 

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The wires and cables in the India has witnessed a growth in recent years on account of rising demand wires and cables fueled by expansion in infrastructure development, electricity consumption and others. The surge in revenue is majorly originated from growth in power cables as a segment of wires and cables market. The upsurge in this segment has been largely led by the domestic factors such government expenditure on infrastructure, increase in level of investment, rising level of disposable income, technological advancement.

 

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Electric power can be transmitted or distributed either by overhead system or by underground cable. Cables are mainly designed as per requirement. Power cables are mainly used for power transmission and distribution purpose. It is an assembly of one or more individually insulated electrical conductors, usually held together with an overall sheath. The assembly is used for transmission and distribution of electrical power.

Electrical power cables may be installed as permanent wiring within buildings, buried in the ground and run overhead or exposed. Flexible power cables are used for portable devices, mobile tools and machinery. These are designed and manufactured as per voltage, current to be carried, operating maximum temperature and purpose of applications desired by customer.

Low voltage copper conductor PVC cables are extensively used for domestic home appliances wiring, house wiring and internal wiring for lighting circuits in factories, power supply for office automation, in control, instrumentation, submarine, mining, ship wiring applications etc. due to its high tensile strength, superior conductivity, better flexibility and ease of jointing.


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Cable and wire industry has established itself as one of the backbones of modern information age. The increasing importance for power, light and communication has kept demand high for wire and cable. This trend will continue as demand for reliable, efficient energy and data communications will strengthen the wire and cable industry. The industry is a volume-driven product and has evolved from the unorganised to the organised sector. However, about 35 per cent of this industry is still in the unorganised.

The increasing demand for power, light and communication has kept demand high for wire and cable. The wires and cables market in India comprises nearly 40% of the electrical industry. According to industry experts, it is expected to double in size in the next five years. The market is growing at a CAGR of 15% as a result of growth in the power and infrastructure segments. The present estimated per capita consumption is only about 0.5 kg.

 

Related Project: PVC Electric Wires & Cables

 

The market is divided into different segments in terms of product variation. The basic division is between cables and conductors. Cables are either power cables or control cables. Power cables supply energy at voltages upto 230 KV. Control cables are low voltage cables (upto 0.6 KV) used to transmit control signals in switch boards. The conducting material can be copper or aluminium with insulating material, PVC, XLPE, elastomers or paper. The cable market is segmented by the combination of material used to form the conductor, the insulator, sheathing and armouring.

 

Power Cables

Demand : Past and Future

Year

(In '000 Km)

1990-91

25.70

2000-01

29.65

2001-02

29.45

2002-03

31.51

2003-04

33.40

2004-05

36.07

2005-06

38.78

2006-07

41.30

2007-08

44.60

2008-09

47.28

2009-10

51.06

2010-11

55.66

2011-12

60.67

2012-13

66.25

2013-14

72.48

2014-15

79.44

2015-16

84.60

2016-17

90.10

2017-18

95.96

2018-19

102.20

2019-20

108.84

2024-25

156.25

 

Each segment in the wires and cables industry such as power cables, control cables, communication cables and others is subject to a gamut of different factors such as price cuts and number of units sold that play an important role in determining their respective revenues.

 

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The electric wire and cable market in India to grow at a CAGR of 16.18% over the period 2015-2019. The growing trend in the building construction and automobile sector is expected to keep demand of copper high. Understanding the copper technology involved in copper production, exploration, mining, and the uses of copper, as well as the global industry structure would impact the copper mining on the environment, the various markets of copper, etc. The industry is affected by the price trends of copper, market performance, import/export scenario, the physical market trends, demand for copper, and of course, a market forecast. The Indian government has made an ambitious plan.

Imports of Aluminium Wire by India stood at about 25,040 tons. The volume increased to 29,601 tons in 2016. Based on the trend of last two years, the aluminium wire import is forecasted to increase to about 36,275 tons for the first eleven months of 2017.  The constant rise in import is driven by growing domestic aluminium consumption to manufacture value added aluminium products in the country to fulfil the growing domestic end-user demand.

Aluminium Wire production capacity in the Asia Pacific region in the coming years will show a continued growth. In India, for example, due to the investment growth in many areas, consumer confidence and improve the business environment in India will contribute to growth in demand for aluminium wire.

 

Some of the Profitable Small and Medium Scale Manufacturing Business Ideas are as Follows:

STITCHING WIRE

Stitch wire used for stitching cardboard carton/boxes in stitching paper notebooks, books, paper boxes etc. This is a product, which enjoys a large demand in industrial areas. Stitch wire is produced from standard wire rod of mild steel drawing to thin gadgets of wires of circular cross section followed by flattening. Read more

 

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PVC ELECTRIC WIRES & CABLES

In the field of insulated cables, PVC cables have occupied an important place and in fact these are most popularly used in homes for domestic wiring. Various types of PVC cables are available, e.g., cables for control, signaling, instrumentation, rural electrification and house wiring, Read more


FIBER OPTICAL CABLES

An optical fiber (or optical fibre) is a flexible, transparent fiber made of extruded glass (silica) or plastic, slightly thicker than a human hair. It can function as a waveguide, or light pipe, to transmit light between the two ends of the fiber. Power over Fiber (POF) optic cables can also work to deliver an electric current for low-power electric devices. Read more


POWER CABLE

Electrical power cables used for transmission and distribution purposes consist of conductors stranded from plain high conductively annealed copper wires insulated with oil impregnated paper tapes. Underground construction is necessitated in the more density built up portions of cities by the heavy transformers and lines required and by the multiplication of service connections to buildings. Read more


PVC & XLPE CABLES

A power cable is an assembly of two or more electrical conductors, usually held together with an overall sheath. The assembly is used for transmission of electrical power. Power cables may be installed as permanent wiring within buildings, buried in the ground, run overhead, or exposed. Read more


R-F COAXIAL CABLE

A coaxial Cable is one that consists of two conductors that share a common axis. The inner conductor is typically a straight wire, either solid or stranded and the outer conductor is typically a shield that might be braided or a foil. Coaxial cables and systems connected to them are not ideal. There is always some signal radiating from coaxial cable. Read more


ALUMINIUM WIRE & CABLES

Wire means Solid conductor or Insulated conductor which has strength and with cover or without cover and Cable means Insulated conductor (Solid or Strended) or two more than insulated conductor are kept together in insulated layer. Read more

 

Related Video: 𝐏𝐫𝐨𝐝𝐮𝐜𝐭𝐢𝐨𝐧 𝐨𝐟 𝐌𝐞𝐭𝐚𝐥 𝐈𝐧𝐞𝐫𝐭 𝐆𝐚𝐬 (𝐌𝐈𝐆) 𝐖𝐞𝐥𝐝𝐢𝐧𝐠 𝐖𝐢𝐫𝐞. 𝐖𝐞𝐥𝐝𝐢𝐧𝐠 𝐂𝐨𝐧𝐬𝐮𝐦𝐚𝐛𝐥𝐞𝐬 𝐌𝐚𝐧𝐮𝐟𝐚𝐜𝐭𝐮𝐫𝐢𝐧𝐠 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲.


LT CABLE

A low-tension line is a low voltage line and a high-tension line is a high voltage line. In India LT supply is of 400 Volts for three-phase connection and 230 Volts for single-phase connection. High tension or HT supply is applicable for bulk power purchasers who need 11 kilo-Volts or above. Read more

 

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LV CONTROL & POWER CABLES, MV CABLES

An electrical cable is an assembly of one or more wires running side by side or bundled, which is used to carry electric current. A power cable is an electrical cable, an assembly of one or more electrical conductors, usually held together with an overall sheath. The assembly is used for transmission of electrical power. Read more


ALUMINIUM WIRE DRAWING WIRE MESH PLANT

Aluminium is one of the metal, which is widely available in many countries. There are various uses of aluminium metal of which manufacturing of aluminium wire and wire mesh is one of them. Aluminium wire is largely used in the cable industry as well as alone it is used for electrical transmission. Read more

 

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WIRE DRAWING LUBRICANTS

Lubricants are the products used for the lubrication of sliding or rolling elements. Product similar to these with respect to composition, manufacturing process and properties, however which serve other purposes may also considered as lubricants. Wire drawing lubricants are not a very common type of lubricant. Read more


COPPER WIRE DRAWING (FROM HIGHER SIZE TO VERY THIN SIZE USED IN ELECTRICAL CABLES)

Copper wire is an essential material for electrical cables, motor and transformer winding. It is available in different gauges. The gauge of the copper wire depends upon the winding required for the specific motor or transformer. On the basis of high conductivity, strength and ductility, Read more

 

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ENTREPRENEUR INDIA

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ABOUT NPCS

 

NIIR PROJECT CONSULTANCY SERVICES (NPCS) is a reliable name in the industrial world for offering integrated technical consultancy services. NPCS is manned by engineers, planners, specialists, financial experts, economic analysts and design specialists with extensive experience in the related industries.

Our various services are: Detailed Project Report,  Business Plan for Manufacturing Plant, Start-up Ideas, Business Ideas for Entrepreneurs, Start up Business Opportunities, entrepreneurship projects, Successful Business Plan, Industry Trends, Market Research, Manufacturing Process, Machinery, Raw Materials, project report, Cost and Revenue, Pre-feasibility study for Profitable Manufacturing Business, Project Identification, Project Feasibility and Market Study, Identification of Profitable Industrial Project Opportunities, Business Opportunities, Investment Opportunities for Most Profitable Business in India, Manufacturing Business Ideas, Preparation of Project Profile, Pre-Investment and Pre-Feasibility Study, Market Research Study, Preparation of Techno-Economic Feasibility Report, Identification and Section of Plant, Process, Equipment, General Guidance, Startup Help, Technical and Commercial Counseling for setting up new industrial project and Most Profitable Small Scale Business.

NPCS also publishes varies process technology, technical, reference, self employment and startup books, directory, business and industry database, bankable detailed project report, market research report on various industries, small scale industry and profit making business. Besides being used by manufacturers, industrialists and entrepreneurs, our publications are also used by professionals including project engineers, information services bureau, consultants and project consultancy firms as one of the input in their research.

Our Detailed Project report aims at providing all the critical data required by any entrepreneur vying to venture into Project. While expanding a current business or while venturing into new business, entrepreneurs are often faced with the dilemma of zeroing in on a suitable product/line.

 


And before diversifying/venturing into any product, wish to study the following aspects of the identified product:


• Good Present/Future Demand
• Export-Import Market Potential
• Raw Material & Manpower Availability
• Project Costs and Payback Period


We at NPCS, through our reliable expertise in the project consultancy and market research field, Provides exhaustive information about the project, which satisfies all the above mentioned requirements and has high growth potential in the markets. And through our report we aim to help you make sound and informed business decision.

 

The report contains all the data which will help an entrepreneur find answers to questions like:

• Why I should invest in this project?
• What will drive the growth of the product?
• What are the costs involved?
• What will be the market potential?


The report first focuses on enhancing the basic knowledge of the entrepreneur about the main product, by elucidating details like product definition, its uses and applications, industry segmentation as well as an overall overview of the industry sector in India. The report then helps an entrepreneur identify the target customer group of its product. It further helps in making sound investment decision by listing and then elaborating on factors that will contribute to the growth of product consumption in India and also talks about the foreign trade of the product along with the list of top importing and top exporting countries. Report includes graphical representation and forecasts of key data discussed in the above mentioned segment. It further explicates the growth potential of the product.

The report includes other market data like key players in the Industry segment along with their contact information and recent developments. It includes crucial information like raw material requirements, list of machinery and manufacturing process for the plant. Core project financials like plant capacity, costs involved in setting up of project, working capital requirements, projected revenue and profit are further listed in the report.


Reasons for buying the report:

• This report helps you to identify a profitable project for investing or diversifying into by throwing light to crucial areas like industry size, demand of the product and reasons for investing in the product.

• This report provides vital information on the product like its definition, characteristics and segmentation.

• This report helps you market and place the product correctly by identifying the target customer group of the product.

• This report helps you understand the viability of the project by disclosing details like raw materials required, manufacturing process, project costs and snapshot of other project financials.

• The report provides forecasts of key parameters which helps to anticipate the industry performance and make sound business decision.

 

Our Approach:


• Our research reports broadly cover Indian markets, present analysis, outlook and forecast.

• The market forecasts are developed on the basis of secondary research and are cross-validated through interactions with the industry players. 

• We use reliable sources of information and databases.  And information from such sources is processed by us and included in the report.

 

Our Market Survey cum Detailed Techno Economic Feasibility Report Contains following information:

 

 

Ø  Introduction

·         Project Introduction

·         Project Objective and Strategy

·         Concise History of the Product

·         Properties

·         BIS (Bureau of Indian Standards) Provision & Specification

·         Uses & Applications

 

Ø  Market Study and Assessment

·         Current Indian Market Scenario

·         Present Market Demand and Supply

·         Estimated Future Market Demand and Forecast

·         Statistics of Import & Export

·         Names & Addresses of Existing Units (Present Players)

·         Market Opportunity

 

Ø  Raw Material

·         List of Raw Materials

·         Properties of Raw Materials

·         Prescribed Quality of Raw Materials

·         List of Suppliers and Manufacturers

 

Ø  Personnel (Manpower) Requirements

·         Requirement of Staff & Labor (Skilled and Unskilled) Managerial, Technical, Office Staff and Marketing Personnel

 

Ø  Plant and Machinery

·         List of Plant & Machinery

·         Miscellaneous Items

·         Appliances & Equipments

·         Laboratory Equipments & Accessories

·         Electrification

·         Electric Load & Water

·         Maintenance Cost

·         Sources of Plant & Machinery (Suppliers and Manufacturers)

 

Ø  Manufacturing Process and Formulations

·         Detailed Process of Manufacture with Formulation

·         Packaging Required

·         Process Flow Sheet Diagram

 

Ø  Infrastructure and Utilities

·         Project Location

·         Requirement of Land Area

·         Rates of the Land

·         Built Up Area

·         Construction Schedule

·         Plant Layout and Requirement of Utilities

 

Project at a Glance

Along with financial details as under:

 

  •     Assumptions for Profitability workings

  •    Plant Economics

  •    Production Schedule

  •    Land & Building

            Factory Land & Building

            Site Development Expenses

  •    Plant & Machinery

             Indigenous Machineries

            Other Machineries (Miscellaneous, Laboratory etc.)

  •    Other Fixed Assets

            Furniture & Fixtures

            Pre-operative and Preliminary Expenses

            Technical Knowhow

            Provision of Contingencies

  •   Working Capital Requirement Per Month

             Raw Material

            Packing Material

            Lab & ETP Chemical Cost

           Consumable Store

  •   Overheads Required Per Month And Per Annum

         Utilities & Overheads (Power, Water and Fuel Expenses etc.)

             Royalty and Other Charges

            Selling and Distribution Expenses

  •    Salary and Wages

  •    Turnover Per Annum

  •   Share Capital

            Equity Capital

            Preference Share Capital

 

  •    Annexure 1:: Cost of Project and Means of Finance

  •    Annexure 2::  Profitability and Net Cash Accruals

                Revenue/Income/Realisation

                Expenses/Cost of Products/Services/Items

                Gross Profit

                Financial Charges     

                Total Cost of Sales

                Net Profit After Taxes

                Net Cash Accruals

  •   Annexure 3 :: Assessment of Working Capital requirements

                Current Assets

                Gross Working. Capital

                Current Liabilities

                Net Working Capital

                Working Note for Calculation of Work-in-process

  •    Annexure 4 :: Sources and Disposition of Funds

  •    Annexure 5 :: Projected Balance Sheets

                ROI (Average of Fixed Assets)

                RONW (Average of Share Capital)

                ROI (Average of Total Assets)

  •    Annexure 6 :: Profitability ratios

                D.S.C.R

                Earnings Per Share (EPS)

               

             Debt Equity Ratio

        Annexure 7   :: Break-Even Analysis

                Variable Cost & Expenses

                Semi-Var./Semi-Fixed Exp.

                Profit Volume Ratio (PVR)

                Fixed Expenses / Cost 

                B.E.P

  •   Annexure 8 to 11:: Sensitivity Analysis-Price/Volume

            Resultant N.P.B.T

            Resultant D.S.C.R

   Resultant PV Ratio

   Resultant DER

  Resultant ROI

          Resultant BEP

  •    Annexure 12 :: Shareholding Pattern and Stake Status

        Equity Capital

        Preference Share Capital

  •   Annexure 13 :: Quantitative Details-Output/Sales/Stocks

        Determined Capacity P.A of Products/Services

        Achievable Efficiency/Yield % of Products/Services/Items 

        Net Usable Load/Capacity of Products/Services/Items   

       Expected Sales/ Revenue/ Income of Products/ Services/ Items   

  •    Annexure 14 :: Product wise domestic Sales Realisation

  •    Annexure 15 :: Total Raw Material Cost

  •    Annexure 16 :: Raw Material Cost per unit

  •    Annexure 17 :: Total Lab & ETP Chemical Cost

  •    Annexure 18  :: Consumables, Store etc.,

  •    Annexure 19  :: Packing Material Cost

  •    Annexure 20  :: Packing Material Cost Per Unit

  •    Annexure 21 :: Employees Expenses

  •    Annexure 22 :: Fuel Expenses

  •    Annexure 23 :: Power/Electricity Expenses

  •    Annexure 24 :: Royalty & Other Charges

  •    Annexure 25 :: Repairs & Maintenance Exp.

  •    Annexure 26 :: Other Mfg. Expenses

  •    Annexure 27 :: Administration Expenses

  •    Annexure 28 :: Selling Expenses

  •    Annexure 29 :: Depreciation Charges – as per Books (Total)

  •   Annexure 30   :: Depreciation Charges – as per Books (P & M)

  •   Annexure 31   :: Depreciation Charges - As per IT Act WDV (Total)

  •   Annexure 32   :: Depreciation Charges - As per IT Act WDV (P & M)

  •   Annexure 33   :: Interest and Repayment - Term Loans

  •   Annexure 34   :: Tax on Profits

  •   Annexure 35   ::Projected Pay-Back Period And IRR