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From 2018 to 2023, the compound annual growth rate of India's insulated cable market will reach 10.3%

 Last Update: 2022-12-27
 Source: Internet
 Author: User

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According to the latest market report released by Research and Markets, the compound annual growth rate of the Indian insulated cable market will be as high as 10.
3%
from 2018 to 2023.

The report believes that the increase in government investment in infrastructure projects is the primary reason for the rapid and stable growth of
the Indian insulated cable market.

Under the framework of the national smart city development, the "Make in India" initiative is driving the demand for electricity, thereby promoting the demand growth of the insulated cable market with the increasing number of electronic devices per household and the development of manufacturing
.

In addition, the growing demand for reliable and efficient energy and data communication in rural areas and second- and third-tier towns will positively impact the
country's insulated cable market.

According to the latest market report released by Research and Markets, the compound annual growth rate of the Indian insulated cable market will be as high as 10.
3%
from 2018 to 2023.

Insulated cable

The report believes that the increase in government investment in infrastructure projects is the primary reason for the rapid and stable growth of
the Indian insulated cable market.

In addition, the growing demand for reliable and efficient energy and data communication in rural areas and second- and third-tier towns will positively impact the
country's insulated cable market.

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