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Large cable manufacturers gain as consolidation gathers momentum

Healthy demand uptick and pricing power also improve growth prospects, say analysts

Topics
Cable industry | Cable firms | Markets

Yash Upadhyaya  |  Mumbai 



economy, economic reforms, policy, policies, wires, cables, growth, jobs, employment
Analysts estimate the share of unorganised players in this sector to decline to 26 per cent by 2024, from around 35 per cent as of 2018

For larger manufacturers in the highly fragmented cable industry, the gathering pace of consolidation is a key positive. This adds to their improving growth prospects and profitability.

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First Published: Tue, December 22 2020. 18:56 IST

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