Aluminium Cables and Conductors
From Molten Aluminium Metal/Aluminium Ingots
A cable is defined as the set of conductors, insulators, sheaths and armor protection or shielding, specifically built to carry the current both for energy transportation and for signal transmission. Cables are mainly used for power transmission and distribution purpose. Aluminium cables can often be found when dealing with electricity, because of their high conductive nature. These cables are ductile, light weight, non-magnetic and are perfect for heavy-duty applications.
The wires and cables market in India is led by five major players including Polycab wires, Sterlite technologies, Finolex cables, KEI Industries and Havells India, who cover around ~% of organized market for wires and cables. Polycab sold ~ million units in FY'2014 followed by Sterlite technologies which sold ~ million units in the same year. Revenues from the wires and cables industry in the India are expected to expand to INR ~ million in FY'2019 growing with a CAGR of 18.5% from FY'2014-FY'2019. Thus, due to demand it is best to invest in this project.
Few Indian major players are as under
· Anamika Conductors Pvt. Ltd.
· Aravali Infrapower Ltd.
· Arrow Cables Ltd.
· Associated Aluminium Inds. Pvt. Ltd.
· Associated Cables Pvt. Ltd.
· Balaji Aluminium Alloys Pvt. Ltd.