Cable & Wire Fair 2021 Rescheduled to March 2022

29 Jan 2023

Advantage India: Robust Demand and Plethora of Opportunities

The year 2020 saw unforeseeable impact worldwide and travel restrictions due to COVID-19 pandemic — however, the beginning of 2021 has witnessed new developments in India’s fight against corona virus. As the vaccination drives in India moves forward — the economy is poised to be more stable and travelling would be more convenient for domestic & international travelers.

The Government of India is expected to invest highly in the infrastructure sector (mainly highways, renewable energy, urban transport, townships, housing, built up infrastructure and construction development projects).

Indian energy sectoris expected to offerinvestment opportunitiesworthUSD300billionoverthenext10years

In the Union Budget 2020-21, the Government has given a massive push to the infrastructure sector by allocating Rs. 1,69,637 crore (USD 24.27 billion) to develop the transport infrastructure.

Communication sector has been allocated Rs. 38,637.46 crore (USD 5.36 billion) to develop post and telecommunications departments.

Indian Railways has received an allocation of Rs. 72,216 crore (USD 10.33 billion) under Union Budget 2020-21

Ministry of Housing and Urban Affairs received an allocation of Rs. 50,040 crore (USD 6.85 billion) under the Union Budget 2020-21.

The infrastructure sector has become the biggest focus area for the Government of India. India plans to spend USD 1.4 trillion on infrastructure during 2019-23 to have a sustainable development of the country. The Government has suggested investment of Rs. 50,00,000 crore (USD 750 billion) for railways infrastructure from 2018-30. This infrastructure push will generate robust demand for Indian wire & cable industry.

In line with the recent announcement and discussion with venue authorities, Cable & Wire Fair 2022 will be organized in accordance with government’s health and safety standards. We have developed a detailed set of enhanced measures to provide the highest levels of hygiene and safety at our event, providing everyone with reassurance and confidence they are participating in a safe and controlled environment.