Top 10 Wire Company in India 2024 by Market Cap

Top 10 Wire Company in India 2024 by Market Cap

Today wire is used everywhere. Significantly, you will feel the need for it in every place where you use any electrical and electronics goods. The wire and cable industry in India is an important sector supporting the country’s infrastructure and industrial growth. This article explores the top 10 wire companies in India, highlighting their market presence, innovations, and contributions to the industry.

The wire industry in India has a rich history, evolving from basic electrical wiring to advanced solutions catering to various sectors including telecommunications, power, and construction. Early developments set the stage for a robust industry that has grown significantly over the years.

Today, the wire and cable market in India is characterized by high competition, rapid technological advancements, and increasing demand across sectors. Both domestic and international players are driving innovation and expansion in this dynamic market.

The wire is used to carry current from one place to another. With which you can run countless machines that run on electricity. So, today's article is based on the same topic, what you should keep in mind while buying wire and what will be the reliable brands of wire for you.

When buying any wire, it is important to look at its MM. Because the higher the mm, the more energy will flow from it. Apart from this, it is also important to look at its cover i.e. insulation, zinc coating, UV protection, etc.

Apart from this, the thing to note is that today there is a lot of trend of wires ranging from 0.5 mm to 25 mm in the market. The higher the mm of the wire, the thicker and stronger the plastic cover of the insulator. Today the demand for AC wire in the market is very high. At the same time, due to the use of DC wire to a limited extent, its market is relatively small.

List of Top Wire Companies in India 2024

Wires and cables are one of the most essential components in your home, office, factory, or anywhere else you need to transfer electricity from the main line to various electronic devices. If you purchase electrical wires, you should be very careful about the quality of the product as low-quality electric wires can cause accidents. To ensure the best cable electric wires for your needs, you should trust the popular and renowned cable companies. We are presenting such electrical wire companies in India today. Know below the names of some selected wire companies in the country.

Also Read: Top Solar Panel manufacturers in India listed companies

1. Polycab India Limited


Polycab India Limited is the largest wire and cable manufacturer in India. The company has built a reputation for delivering high-quality products across various sectors. Polycab India Limited was founded in 1976 by Mr. R. C. Jain, a visionary entrepreneur. The company started with a modest factory in Thane, India, and gradually expanded its operations to become a leading manufacturer of cables and wires.

Polycab offers a wide range of products that cater to various sectors, including power, construction, infrastructure, and industrial. Some of their popular products include Cables and Wires, Electrical Fans, Lighting Solutions, Switches and Fusegear.

Key Features

  • 24 % Market Share & Growing
  • 25 Manufacturing Facilities
  • 70 Countries we export our products
  • 4300 Authorised Distributors and expanding
  • 205000 Retailers connecting us to consumers

Official Website: polycab.com

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2. Havells India Ltd (REO)


Havells India Limited is a leading electrical equipment manufacturer in India. The company is well-known for its wide array of electrical products, including wires and cables. Havells India Limited was established in 1958 by its founder, Mahendra Nath Jalan. The company started its operations with the manufacturing of electric motors and fans in India. Over the years, Havells has expanded its product range to include lighting solutions, switches and sockets, home appliances, and industrial equipment.

Havells offers a wide range of products catering to various segments and industries. Some of the key product categories offered by Havells include Industrial & Domestic Circuit Protection Devices, Cables & Wires, Motors, Fans, Modular Switches, Home Appliances, Air Conditioners, Electric Water Heaters, Power Capacitors, Luminaires for Domestic, Commercial and Industrial Applications.

Key Features

  • 700+ Havells Exclusive Brand Stores across the country
  • 26 % Market Share & Growing
  • 101 % Conductivity
  • 99.95 % Copper Purity

Official Website: havells.com 

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3. Finolex Cables Ltd


Finolex Cables is the market leader in Electrical wires. With superior quality and trouble-free performance validation from customers, Finolex's Industrial Cables have been the market leader since the last 50 years. Finolex offers electrical wires for every market segment. The wires are manufactured from electrolytic grade, bright annealed bare copper with more than 100% conductivity.

Established in 1961, Finolex Cables Ltd has come a long way since its inception. The company started by manufacturing power cables and has since expanded its product range to include a wide range of cables for different applications.

Finolex Cables Ltd offers a wide range of cables to cater to different requirements. Some of the key products offered by the company include House Wires, Agriculture Cables, Optical Fibre Cables (OFC), Telephone Cables, LAN Cables, Speaker Cables, CCTV Cables, Co-Axial Cables, and Power Cables.

Key Features

  • 5% Market Share & Growing
  • 99.97% pure electrolytic grade
  • 100% conductivity

Official Website: finolex.com

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4. KEI Industries Limited


KEI Industries Limited, established in 1968, is a prominent player in the wire and cable industry, known for its comprehensive range of products and strong focus on innovation.

KEI Industries Limited operates state-of-the-art manufacturing facilities that are equipped with the latest technology and machinery. Their manufacturing facilities are spread across different locations, enabling them to efficiently cater to the global demand.

Market leader in India, KEI is a preferred supplier to a wide range of private and public sectors worldwide. When it comes to electrical wire and cable services, we take great pride in our comprehensive portfolio. Besides producing and marketing Extra High Voltage (EHV), Medium Voltage (MV) and Low Voltage (LV) power cables, we also offer a wide variety of electrical wires and power cables, including ESP Cables, Communication Cables, Extra High Voltage Cables, High Voltage Cables, Control Cables, House Wire, Winding Wire, Stainless Steel Wires, Thermocouple Extension/Compensating, Low Voltage Cables, Fire Survival / Resistant Cables, Single Core / Multicore Flexible Cables, Instrumentation Cables, Solar Cables, Marine & Offshore Cables and Rubber Cables.

Key Features

  • 8 % Market Share & Growing
  • 6830 Team Strength
  • 38 Branch Offices
  • 23 Warehouses
  • 65+ Countries
  • 99.97% Electrolytic grade
  • 100% conductivity

Official Website: kei-ind.com

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5. RR Kabel Cables & Wire


RR Kabel is a part of the Ram Ratna Group, known for its innovative and high-quality wire and cable solutions. The company has a significant presence in both domestic and international markets.

RR Kabel is a leading manufacturer and exporter of cables and wire. RR Kabel is spread across multiple business verticals including Wires & Cables, Switches, Fans, Lighting, switchgear & Appliances, we continue to endeavor to create top-quality products using futuristic advances in design and engineering. With a proven track record of excellence, It offers a comprehensive range of cables and wires that meet the diverse needs of various industries. We offer an extensive range of products used for residential, commercial, industrial, and infrastructure purposes. 

RR Kabel's product portfolio includes a wide range of cables and wires, including Power Cables, Data Cables, Telecommunication Cables, Industrial Cables, and Fire Resistant Cables.

RR Kabel has a strong presence in various markets worldwide. The company has established a network of distributors and partners to ensure seamless availability of its products to customers globally. RR Kabel's reputation for quality, reliability, and customer satisfaction has made it a trusted brand in the cables and wire industry.

Key Features

  • Single Core Flexible, Annealed Plain Copper, FR PVC insulated cables
  • REACH, RoHS and CE Compliant
  • Anti-Rodent & Anti-Termite
  • 100% Electrolytic Copper
  • More than 101% Conductivity
  • Flame Retardant

Official Website: rrkabel.com

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6. Anchor Electricals by Panasonic


Anchor Electricals, a flagship brand of Panasonic, is a trusted name in the Indian electrical industry. With a rich history dating back to the 1950s, Anchor Electricals offers a wide range of electrical appliances that are synonymous with quality and excellence.

We provide an impressive array of electrical wires and cables to enhance your everyday life with anchor wires, cables, and tapes. Our electrical wires and cables are crafted using cutting-edge Japanese technology in world-class facilities using the latest technology. We adhere to the highest quality standards, ensuring customer satisfaction through rigorous quality assurance procedures.

Anchor Electricals offers a wide range of products in diverse categories to meet the specific needs of consumers. Some of the key product categories offered by Anchor Electricals include Lighting Solutions, Home Appliances, Electrical Accessories, Pumps and Motors.

Anchor Electricals is committed to providing top-notch quality products to its customers. All products are designed and manufactured in compliance with industry standards and undergo rigorous testing to ensure reliability and safety. The company's commitment to quality assurance has earned it a reputation for delivering durable and long-lasting products.

Key Features

  • Higher oxygen index and temperature index.
  • 100% electrolytic tough pitch grade copper with 99.97% purity.
  • 101% conductivity.
  • 100% bunching.
  • 60% extra annealing for enhanced flexibility.
  • Anti-Rodent (Ingredients present) and Anti Termite.
  • High Insulation Resistant (HIR).

Official Website: lsin.panasonic.com

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7. V-Guard Industries Ltd


V-Guard Industries Limited is a well-known name in the electrical and electronics industry, offering a variety of products, including wires and cables. Established in 1977, the company specializes in manufacturing a wide range of electrical products, including stabilizers, pumps, electric appliances, and lighting solutions. With a strong presence in India, V-Guard Industries Ltd has also expanded its operations to international markets.

The needs of new-age technology are changing, and you must have the best cable technology to stay ahead. V-Guard has emerged as a prestigious Manufacturer of Cables for various industrial applications, whether it's for connectivity or transmission. V-Guard manufactures cables with high quality. We have earned a reputation as one of the most prominent Cables Manufacturers in India due to our relentless pursuit of the best quality. Being one of the leading Power Cable Manufacturers, we bring forward only the finest cables and wires. 

Our company has been providing perfect solutions to clients across the country for over a decade. By having a strong R&D set-up, we can develop Cables that meet the most challenging applications and are up-to-date with the latest technology. V-Guard guarantees timely delivery of Cables through streamlined production and a well-maintained supply chain system, helping us exceed the needs of our clients. Our total quality management policy has enabled us to establish a loyal customer base made up of people who will not only use our wires and cables but will also recommend them to others.

Key Features

  • Triple Layer Insulation for better safety.
  • High conductivity of copper (102% IACS) & low conductor resistance.
  • 100% bunching.
  • Moisture guard- (High resistance to discoloration of copper conductors).
  • 99.97% pure copper.
  • Flame retardant (FR).

Official Website: vguard.in

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8. Orient Electric Wire & Cables


Orient Electric Wire & Cables is a leading provider of high-quality electrical wires and cables in India. With a wide range of products catering to different industries and applications, Orient Electric Wire & Cables has established itself as a trusted brand in the electrical industry.

Orient Electric Wire & Cables is part of the Orient Electric Group, which was founded in 1939. Over the years, the company has established itself as a leader in electrical products, offering a wide range of electrical wires and cables to meet the needs of various industries.

Orient Electric Wire & Cables offers a wide range of electrical wires and cables to cater to various industries. Some of their key products include Single Core Wires, Multicore Wires, Cable Trays, Earthing Electrodes and Fire Resistant Cables.

Key Features

  • Lead free SDETP flexible copper wires with high energy efficiency & ROHS complaint.
  • Flame retardant.
  • Low smoke Halogen wires.
  • High insulation & resistance with low smoke density.
  • Available in various colors & thickness from 0.5sq mm to 10sq mm.

Official Website: orientelectric.com

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9. Goldmedal India Wires & Cables


Goldmedal India Wires & Cables is a leading manufacturer and supplier of high-quality wires and cables in the country. With a vast product range and expertise in the industry, the company caters to a wide range of customers and industries.

Goldmedal India Wires & Cables offers a wide range of products to meet various electrical and electronic needs. Some of the key products offered by the company include Electrical Wires, Cables for Power Transmission, Cables for Communication & Networking, and Cables for Infrastructure and Construction.

Key Features

  • 99.97% pure solid electrolytic grade copper.
  • Premium quality grade polyethylene used.
  • Carefully twisted with suitable lays and laid.
  • A nylon rip cord.
  • Special Flame Retardant (FR) compound to resist flame.

Official Website: goldmedalindia.com

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10. Universal Cables Limited


Universal Cables Limited, part of the M.P. Birla Group, is a leading manufacturer of power cables and specialty cables in India.

Universal Cables Limited (UCL) is a leading manufacturer and distributor of cables and wire products, catering to a wide range of industries worldwide. With a strong commitment to quality and customer satisfaction, UCL has become the go-to choice for clients looking for reliable cable solutions.

UCL was established in 1990 with a focus on providing high-quality cables and wire products. The company quickly gained a reputation for its attention to detail and dedication to meeting customer needs. Over the years, UCL has expanded its product line and customer base, establishing itself as a major player in the global cable industry.

UCL offers a wide range of cables and wire products to cater to diverse industries and applications. Some of their key products include Power Cables, Data Communication Cables, Accessories and Custom Cable Solutions.

Official Website: unistar.co.in

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Also Read: Top 10 Cables companies in India 2024

Conclusion

India's top wire companies have contributed significantly to the country's infrastructure and technological development. Through innovation, quality assurance, and customer-centric approach, these companies have established themselves as leaders in the wire and cable industry. As India continues to evolve and modernize, these companies are well-positioned to meet the growing demand for reliable and efficient wire solutions.