Crisil forecasts India's cables and wires industry to grow 15-16% in 2026, driven by infrastructure investments and supply chain diversification.

Crisil predicts India's cables and wires industry will see a 15-16% revenue growth in fiscal year 2026, following a 16% increase in fiscal 2025. Growth is fueled by investments in power, railways, and real estate, and the global "China+1" strategy, which encourages diversifying supply chains away from China. The industry benefits from high capacity utilization and stable margins, making it an attractive investment.