An important part of this power system is the cable system that is used exclusively to carry power from the main substations to secondary substations at load centers. Low-voltage cable is used to distribute power from the load centers to utilization equipment in conduits and ducts, even though other methods such as cable trays, direct burial for outdoor applications, and aerial cable are used. PVC and polyethylene are the two main polymer types used for wire and cable insulation, with PVC comprising about 2/3 of the insulation used for building wiring. PVC compounds used in wires and cables as per BS 600 are described in BSEN 50363-3/BS 7655-4.2. PVC wires & cables are used in home appliance, house wiring, T.V, VCR control panel, power distribution & secondary transmissions etc.
Wires and cables sector basically consists of two areas: (i) power; and (ii) telecommunication. The wires and cables industry in the India has grown at a CAGR of 16.7% from INR ~ million in FY’2009 to INR ~ million in FY’2014. The electric wire and cable market in India to grow at a CAGR of 16.18% over the period 2015-2019. Indian Electrical Equipment Industry Mission Plan 2012-2022, the government has planned to make India the country of choice for the production of electrical equipment and reach an output of $100 billion by balancing exports and imports. Thus, due to demand it is best to invest in this project.
Few Indian major players are as under
· Apar Industries Ltd.
· Asian Cables & Inds. Ltd.
· Associated Engineers & Industrials Ltd.
· Chandresh Cables Ltd.
· Delton Cables Ltd.
· Electronica Machine Tools Ltd.
· Emgee Cables & Communications Ltd.