Cable industry shifting from commodity wires to high-performance solutions

The industry aims to cut import dependence for EHV/HVDC, subsea and nuclear-grade solutions over the next 5 to 7 years.

- Shailendra Goswami Chairman and Managing Director Pushkaraj Group

The clean energy surge in the country, now surpassing 50 per cent non-fossil capacity, is reigniting the wires and cables industry. The sector is evolving from basic LV/HV wires to high-performance, specialised solutions aimed at supporting renewables, green hydrogen, and nuclear. Shailendra Goswami shares his expertise with EPR, explaining the growing trends in the wires and cables sector.

How is the cable industry in India transitioning from commodity wires to high-performance, strategic solutions amid clean energy expansion?

The push for clean energy, HVDC transmission, offshore wind and eventually green hydrogen and nuclear is exposing a gap in high-performance cable and accessory manufacturing. Much of this has historically been imported from Europe or East Asia. The ecosystem is now repositioning itself in several ways, with a policy push for localisation, capacity expansion by Indian majors, JV, and technology partnerships. The accessory manufacturing, focusing on R&D and testing infrastructure, raw material security, and future-ready segments like offshore wind, nuclear and hydrogen, is also reshaping this ecosystem.