A worldwide substitution of copper with aluminium is under way in the electrical equipment and power transmission industry. Over the past decade, the price differential between copper and aluminium has increased exponentially spurring a huge demand for aluminium as the electricity-conducting metal of choice among leading wire and cables manufacturers. Study shows, aluminium wire is set to replace 30 to 40 per cent of copper wires used in automobiles. The global aluminium conductors (used in modern-day cables) market is also estimated to grow at a CAGR of 2.63 per cent during the period 2017-2021.
In India, the wire and cables segment comprises nearly 40 per cent of the electrical industry and is estimated to grow at a CAGR of 15 per cent. With the Government now focusing on Make in India, the industry can grow at a similar rate over the next five years. Following are the top five aluminium cable manufacturers in India who will play a decisive role in transforming the demand for aluminium cables during the period under review. screened 2 core cable
(Please note the list below can change under different market conditions).
Finolex Cables Ltd is India’s largest and leading electric wire and cables manufacturer. Over the years the company has enormously expanded its product portfolio. Earlier it used to manufacture only PVC insulated electric cables for the automotive industry. Today, it has augmented its product range to include PVC insulated industrial cables, FR-LSH PVC insulated industrial cables, multicore flexible industrial cables, 3-core flat cables, and power and control cables.
"Finolex" Brand Power Cables are manufactured with solid Aluminium conductor measuring up to 10 sq. mm balance stranding. It is XLPE insulated and PVC tape inner-sheathed. Another product is “FINOLEX" brand stranded compact circular aluminium conductor and conductor screen with extruded semi conducting compound. It is armoured with extruded PVC Type ST2 sheath.
One of India’s leading brands, Havells India has successfully made its journey from being an exclusive industrial products company to a consumer products manufacturer. The company’s rich product mix features everything from industrial & domestic circuit protection switchgear, cables & wires, motors, and power capacitors to CFL lamps for domestic, commercial & industrial applications, modular switches, water heaters and a wide range of household appliances.
Cables comprises a very important segment of Havells India’s business. The company produces multicore cables, LV and HV cables, EHV capable EHV cables etc. The cables are available with both aluminium conductors as well as copper conductors. Each cable is manufactured with solid/stranded circular/ shaped aluminium conductor. While stranding makes the cables flexible and easy to handle, shaping makes them compact. Mechanical protection to Havells’ single core cables is provided through armouring using aluminium or aluminium alloy wire/strips.
All cables with aluminium and copper conductor and polymer insulation are manufactured at Havells India Ltd. (Cable Works), Alwar.
The four-decade old Indian electrical industry player Polycab has grown in strength leveraging its R&D expertise. Today, the company boasts annual revenue of approximately one billion dollars and has a turnover of INR 5,750 crore. Its product portfolio features offerings like L.V. PVC & XLPE control cables, M.V. power cables, EHV cables, instrumentation cables screened / unscreened and speciality cables suited for marine, oil & gas, extreme conditions, aircraft, space station, automobiles industry applications.
Polycab manufactures L.V. PVC and XLPE power cables with both copper and aluminium conductor (4 core x 4.0 sq.mm AYWY, 3 ½ core x 50 sq.mm AYFY). An aluminium oxide film is always present on aluminium conductor surface which acts as barrier protecting the aluminium conductor from corrosion in fumes laden atmosphere. Hard drawn aluminium strips are also used as armour for insulation over single core cables.
A leader in the optical fibre, optical cables and power conductors segment, Sterlite technologies (STL) has successfully forayed into power transmission through its subsidiary Sterlite Grid. The company is India’s only vertically integrated manufacturer of optical fibre cables.
Sterlite Power Transmission Limited (Sterlite Power), born out of the demerger of the power business from Sterlite Technologies, is India’s leading aluminium conductor manufacturer and solution provider of energy delivery. It has four state-of-the art manufacturing assets in Odisha, Uttarakhand and Dadra and Nagar Haveli, where it transforms ingots into premium quality conductors using refined processes and advanced technologies. The company’s key offerings include high quality aluminium alloy conductors: AL59 Conductor, TACSR Conductor, STACIR Conductor, ACCC Conductor, ECO Conductor, and ACSR Conductor.
KIE Industries is India’s partner in power transmission sector evolution. Awarded the ‘Superbrand’ status for the year 2014-2015, the company has been growing in strength through manufacturing of a wide range of EHV, HT, LT, Control and Instrumentation cables. Its cables are available with both aluminium and copper conductors and sheathed with aluminium alloy strips. KIE industries has started manufacturing EHV cables of up to 40 KV in collaboration with the Swiss manufacturer Brugg Cables.
Other leading aluminium cable manufacturers of India are HPL Electric & Power, Capital Cables (India) Pvt Ltd etc. With an increasing number of innovative product launches by the existing players driven by an increasing demand for power infrastructure, the market is expected to grow manifold in the coming years.
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