India Optic Fiber Cable And Accessories Market Share

Market Share of India Optic Fiber Cable And Accessories Industry

The Indian optic fiber cable and accessories market is fragmented with the presence of major players like Finolex Cables Limited and KEI Industries Limited. Players in the market are adopting strategies such as partnerships and acquisitions to enhance their product offerings and gain sustainable competitive advantage.

• January 2024 - In Kavaratti, Lakshadweep, the Indian Prime Minister, Narendra Modi, inaugurated the Kochi-Lakshadweep Islands Submarine Optical Fiber Connection (KLI-SOFC) project. This was part of a series of developmental initiatives totaling over Rs 1,150 crore (~USD 139.27 million), spanning diverse sectors such as technology, energy, water resources, healthcare, and education.
• May 2024 - R&M, a Swiss developer and provider of premium infrastructure solutions for data and communication networks, inaugurated a new fiber optic plant in India. The facility was moved to Bagaluru, situated in northern Bangalore. Alongside the relocation, R&M invested in new production lines, boosting the plant's production capacity. Notably, Bagaluru now stands as R&M's largest global site for manufacturing fiber optic cabling components.

India Optic Fiber Cable and Accessories Market Leaders

1. Finolex Cables Limited

2. KEI Industries Limited

3. Polycab India Limited

4. Havells India Ltd.

5. Sterlite Technologies Limited (STL Tech)

*Disclaimer: Major Players sorted in no particular order