Cable & Wire Fair 2017 : An event in sync with India ’ s growth
Cable & Wire Fair 2017 ( CWF17 ) is back after garnering unprecedented recognition from the industry stakeholders from around the world in its very first edition , held in 2015 . The show this time will be held from October 5-7 , 2017 at the same venue , i . e . Pragati Maidan , New Delhi , India . Held biannually , CWF is fast becoming an integrating stage to showcase the Indian wire and cable market to the world and fetch latest global industry trends to the Indian soil by attracting all relevant contributors of the industry . And , from that respect , the show has hit the bull ’ s eye with testimonials from who participated .
The Indian wire and cable industry is driven by growing sectors such as power , telecommunication , infrastructure , automotive , aviation , etc . which individually are multi-trillion investment opportunities and have been doing extremely well in the recent past . The industry , which has been growing at the rate of around 15 % currently , will start growing at the CAGR of over 20 % over the next 5 years , as per various estimates .
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Strong Growth Currents in Power Generation , Transmission & Distribution
The Indian power sector has an investment potential of Rs 15 trillion ( US $ 223.67 billion ) in the next 4 – 5 years , thereby providing opportunities in power generation , distribution , transmission , and equipment . Between April 2000 and March 2016 , the industry attracted US $ 10.48 billion in Foreign Direct Investment ( FDI ). Around 293 global and domestic companies have committed to generate 266 GW of solar , wind , mini-hydel and biomassbased power in India over the next 5 – 10 years . The initiative would entail an investment of about US $ 310 – 350 billion .
Besides , on the power transmission front , as on March 31 , 2016 , PGCIL owns & operates a transmission network of about 1,29,354 ckm of Inter-state transmission lines , 207 nos . of EHVAC & HVDC sub-stations with transmission capacity of about 2,54,848 MVA . Under the Twelfth Five Year Plan ( FY 12-17 ) which has laid special emphasis on development of the infrastructure sector including energy , PGCIL has already made a Capital Expenditure of Rs 88,235 crore ( US $ 13.38 billion ) against the Capital Expenditure plan of Rs 1,10,000 crore ( US $ 16.68 billion ).