7th International Exhibition for the Wire and Cable Industry-wire India 201

May 17, 2018

7th International Exhibition for the Wire and Cable Industry-wire India 201

When: November 27-29, 2018

Business hours:

November 27-28: 10am-6pm
On November 29th from 10am to 5pm

Venue: Bombay Convention & Exhibition Centre, Goregaon (East), Mumbai, India
Mumbai Convention and Exhibition Center, Mumbai, India (East) Goregaon
Website: http://www.wire-india.com/

Market facts for wire India 2018
Indian Economy Overview

Rapid economic growth: GDP to grow by 7% in 2014-15 (World Bank)

India's economy is capable of absorbing $50 billion in foreign direct investment per year.

India's economy will grow five-fold in the next 20 years McKinsey).

India's infrastructure financing requirements and the new manufacturing policy will open up US$ 1 Trillion opportunities for global investors over the next five years.

The Indian automobile industry, the 7 largest in the world, has currently been estimated to have a turnover of US$ 73 billion, accounting for 6% of its GDP. It is expected to record a turnover of US$ 145 billion by 2016.

The Indian real estate market size is expected to touch US $180 billion by 2020 (CREDAI).

Key Facts

The overall conditions for this exhibition in India are very positive!

The main customers for the wire and cable industry are the automotive, telecommunication and construction industries. In the past few years, these three have witnessed a rapid expansion and have led to an annual growth of about 25% in India.

The government of India has begun to focus on on public private partnerships with major infrastructure projects. With an investment need of about $450 billion until 2012, the infrastructure construction is the growth engine for the construction industry,
Especially for the development of the transport sector.

As per the details provided in the Automotive Mission Plan 2006-2016, the Indian government is geared up to double the automobile industry's contribution to the country's GDP by 2016 and pitches to create 25 million new jobs in the industry.

The telecommunications market in India is the third largest in the world and it is the fastest growing. This growth is being witnessed in the wireless and telephony sectors., in the Internet sector, the government is making endeavours to provide the rural regions of India With broadband connections.

Interested companies should not hesitate too long and should use the chance to join the biggest wire and cable exhibition in India.