The domestic cable and wire business is the focus, since volumes have increased due to the post-pandemic rebound in building and infrastructure activity. With the general election less than 7 months away, the government's increasing investment on infrastructure projects will drive up demand even further. However, the volatility of commodity prices may limit future volumes. 

The communication cables industry has also started witnessing pickup with the increase in 5G capex. The increasing demand for renewable energy generation, aided by rising investments in distribution and transmission by industry players is expected to amplify the further growth. Recently, homegrown Godha Cabcon & Insulation has informed exchanged through a filing that Ducab, which is one of the top cable suppliers in the world, could buy a significant stake, as per bharattimes.

Ducab is at the helm of several modern energy and infrastructure projects across the Middle East, Asia, Australia, the Americas, and Europe. It has continuously increased its presence in the conductors and wires business. 

The domestic cable and conductor manufacturer serves the power transmission industry. The achievement comes at a time when the wire and cable sector in India is seeing rapid growth.

According to the application, Ducab is in discussions to acquire a 22.5 percent share. "Ducab has expressed an interest in purchasing a significant stake in Godha Cabcon." According to the filing on the NSE, "the proposed acquisition will be carried out through a preferential issue.