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Top 10 Wire Companies in India: Founding Year, Valuation, Share Value and More Details in 2024
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Do you want a wire and cable installation that is heat-resistant, weather-resistant, has high current capacity, and is budget-friendly, too? Then, picking one of the top 10 wire companies in India can guarantee you that. Besides, while making big purchases, researching the brands well and learning about their policies concerning the difference between a sale and an agreement to sell can prove beneficial, too.
However, research is easier said than done. With countless aspects and factors to consider, finding the perfect fit for your wire and cable needs can seem tedious. Therefore, to make it easier for you, here is the list of the best wire companies in India, their details, and additional cable recommendations. Read on to know more!
List of Top 10 Wire Companies in India in 2024
India is known to harbour many flourishing wire and cables industires that have emerged as global producers as well. Thus, here is a list of top 10 wire brands in india in 2024, that have made their mark both domestically and internationally.
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- Polycab Wires
- Finolex Cables
- Cable Corporation of India
- Sterlite Power
- Havells India
- Syska Wires
- Torrent Power
- Universal Cables Limited
- V-Guard Industries
- KEI Industries
Top 10 Wire Companies in India - Detailed Information
Wire companies in India have assisted residential and commercial requirements with advanced solutions and research-driven approaches. Hence, here is a list of top 10 wire companies in India with the best wiring solutions.
1. Polycab Wires
Polycab Wires has long remained among the top 10 wire companies in India, producing premium electric wires. The company took off producing wires, fans, switches, and other appliances. It made its mark producing wires and cables of a high standard, beating its competitors in the domestic market. Moreover, the company has an extensive network spread across the country, dedicated to producing top-quality electrical solutions with no fallacy. All of its products are industry-certified and comply with strict quality control measures.
Quick Info About Polycab Wires
Company Name | Polycab Wires |
Valuation | Rs. 75,000 crore |
Founding Year | 1994 |
Headquarters Location | Mumbai, India |
Type of Wires Offered | Residential Wires, Commercial Wires, Industrial Wires, Fire-Resistant Wires, Solar Cables |
Quality Certifications | ISO 14001:2015; ISO 9001:2015 |
Reputation and Awards | Manufacturing Excellence Award, The Economics Times Best Brand 2023, Global Business Awards 2017 |
Market Share Value | Rs. 6398 |
Market Presence | Has an extensive distribution network |
Safety | Complies with industry safety standards; has regular check-ups |
Contact & Website | https://polycab.com/ Tel.: +912224327074 Email: info@polycab.com |
2. Finolex Cables Limited
Finolex Cables is another household name when it comes to wiring and cable. With a distinguished expertise in producing industry-standard electric wire, the company also offers other products. LAN cables and PVC-insulated cables are some of the options offered. Besides, the company has a huge production and distribution network throughout the country, offering various options for domestic markets. People continue trusting its advanced wiring solutions technology, making it one of India's top 10 wire companies.
Quick Info About Finolex Cables
Company Name | Finolex Cables |
Valuation | Rs. 18,000 crore |
Founding Year | 1958 |
Headquarters Location | Pune, Maharashtra, India |
Type of Wires Offered | Power Cables, Residential Wires, Industrial Wires, Control Cables, Speciality Cables |
Quality Certifications | ISO 14001:2015; ISO 9001:2015 |
Reputation and Awards | Best of Bharat Award 2022; recognised among Maha brands of Maharashtra |
Market Share Value | Rs. 1,223.10 |
Market Presence | Has a strong market presence in India and also serves internationally |
Safety | Adheres to safety regulations set for the industry |
Contact & Website | https://www.finolex.com/ Phone: +91-20-27506200 |
3. Cable Corporation of India Limited
The Cable Corporation of India was established about half a century ago as a joint venture between the Indian group of Thackerseys and the German company of Khataus. This brand is known to have revolutionized the field of Indian Indian electric wires and cables, becoming a top electric wire brand in India. Moreover, the company now manufactures control, speciality, and power cables. They also produce PVC-insulated and fire-resistant cables, giving them an edge over other competitors in the market. Besides, it has enjoyed a loyal customer base ever since its inception.
Quick Info About Cable Corporation of India
Company Name | Cable Corporation of India |
Valuation | Rs. 144 crore |
Founding Year | 1957 |
Headquarters Location | Kolkata, West Bengal, India |
Type of Wires Offered | Control Cables, Power Cables, Specialty Cables, Pvc-Insulated Cables, Fire-Resistant Cables |
Quality Certifications | ISO 14001:2015; ISO 9001:2015 |
Reputation and Awards | First Indian company to have been conferred the ISO 9001 certification |
Market Share Value | Rs. 18.70 |
Market Presence | Offers services both domestically and internationally. |
Safety | Follows stringent safety rules and regulations. |
Contact & Website | http://www.cablecorporation.com/ Email: customercare@cablecorporation.com |
4. Sterlite Power
Sterlite Power is relatively new compared to the other companies on the list of the top 10 Indian wire companies. However, it has already managed to take the market by storm due to its premium-quality products and adherence to industry standards. It started operations in 2000 and produced electric cables and wires for the market. Since then, it has grown as a brand, making premium-standard electric cables available nationwide. Operating from Pune, this company has grown to become one of the top 10 wire companies in India.
Quick Info About Sterlite Cables
Company Name | Sterlite Cables |
Valuation | Rs. 5,580 crore |
Founding Year | 1982 |
Headquarters Location | Mumbai, Maharashtra, India |
Type of Wires Offered | Residential Wires, Industrial Wires, Power Cables, Speciality Cables |
Quality Certifications | ISO 14001:2015; ISO 9001:2015 |
Reputation and Awards | Won ‘Process Innovation of the Year’ award; won ‘Golden Peacock Occupational Health & Safety Award 2020’ |
Market Share Value | Rs. 665 |
Market Presence | It is globally active and has a strong base in India. |
Safety | Compliance with industry safety protocols and standards. |
Contact & Website | https://www.sterlitepower.com/ |
5. Havells India
Image Caption: Havells India has long remained a trustworthy wire and cable company, serving customers with the best quality wiring. The company follows industry standards to produce India's best electric wire, which spans the residential and industrial sectors. Apart from that, the company also offers speciality cables. With optimum pricing, good quality, and a wide range of products, Havells India remains one of India's top 10 wire companies today.
Quick Info About Havells India
Company Name | Havells India |
Valuation | Rs. 1,06,317 crore |
Founding Year | 1926 |
Headquarters Location | Noida, Uttar Pradesh, India |
Type of Wires Offered | Power Cables, Control Caves, Fire-Resistant Cables, Industrial Wiring |
Quality Certifications | ISO 14001:2015; ISO 9001:2015; OHSAS 18001:2007 |
Reputation and Awards | Winner of Red Dot Award; Won Execellence Award by ICSI CSR |
Market Share Value | Rs. 1694.95 |
Market Presence | Has a wide network and consumer base domestically |
Safety | Follows stringent safety protocols |
Contact & Website | https://havells.com/ Customer Care No.: 08045771313 Email Support: customercare@havells.com |
6. Syska Wires
The Syska Wires company was originally a producer of only electrical wire. However, with growing consumer demand, they also ventured into other related segments. Today, the company specialises in LEDs, fans, smart appliances, and other related products. But it tops the list for wiring and cable connection solutions, producing India's No. 1 electric wire. It leads the market with a loyal consumer base using its products and facing no issues with standards. Thus, Syska Wires remains a household name and is among India's top 10 wire companies.
Quick Info About Syska Wires
Company Name | Syska Wires |
Valuation | Rs. 3000 crores |
Founding Year | 1994 |
Headquarters Location | New Delhi, India |
Type of Wires Offered | Residential Wires, Industrial Wires, Commercial Wires, Fire-Resistant Wires |
Quality Certifications | IS 694, ISO 9001:2015; ISO 14001:2015 |
Reputation and Awards | Recognised as a leading electrical wire producer in India |
Market Share Value | Private unlisted company |
Market Presence | Has a strong presence in India |
Safety | Has regular safety check-ups, complies with safety protocols |
Contact & Website | https://syska.co.in/ |
7. Torrent Power
Torrent Power has been operating since 1991, offering people power and control cables, making it the best quality electric wire in India. This Ahmedabad-based company has earned a distinct mark in the Indian market for wires and cables, owing to its extensive research and promise to deliver the best quality products. The cables and wires are BIS certified, while the production strictly complies with the IEC standards. This makes the company trustworthy for residential equipment and industrial needs, ranking it among India's top 10 wire companies.
Quick Info About Torrent Power
Company Name | Torrent Power Ltd. |
Valuation | Rs. 92,000 crore |
Founding Year | 1998 |
Headquarters Location | Ahmedabad, Gujarat, India |
Type of Wires Offered | Residential and industrial wiring solutions |
Quality Certifications | ISO 9001:2008; ISO 14001:2004 |
Reputation and Awards | Awarded by Maharashtra State Electricity Distribution Company Ltd. |
Market Share Value | Rs. 1910.55 |
Market Presence | Has a good consumer base in Gujarat and across India |
Safety | Performs security and safety check-ups |
Contact & Website | https://www.torrentpower.com/ Phone No.: +91-79-22551912/66551912 Email: connect.ahd@torrentpower.com |
8. Universal Cables Limited
Often dubbed the best cable wire company in India, Universal Cables has been operating under the M. P. Birl Group. This brand has distinguished itself in the wires and cables sector by providing consumers with safe and premium quality wires. Moreover, the company offers its products at reasonable rates for residential and industrial purposes, making it an all-rounder in the sector. Also, the products supplied by the brand have rarely been born any issues, with the majority being of a high standard, making it one of the top 10 wire companies in India.
Quick Info About Universal Cables Limited
Company Name | Universal Cables Limited |
Valuation | Rs. 2266 crore |
Founding Year | 1969 |
Headquarters Location | Kolkata, West Bengal, India |
Type of Wires Offered | Power cables, control cables, industry wires, fire-resistant wire |
Quality Certifications | ISO 9001; ISO 14001 |
Reputation and Awards | Recognition from the Department of Science, Government of India; Star Export House Statues |
Market Share Value | Rs. 643.15 |
Market Presence | One of the best India’s electric cable companies and is known for its quality. |
Safety | Maintains safety levels up to industry standards |
Contact & Website | https://www.unistar.co.in/ Phone No.: +91-9404098160 Email: delhi@unistar.co.in |
9. V-Guard Industries Limited
Placed in the Indian top 10 wire companies list, V-Guard Industries has been performing as a top producer of wires and electrical equipment. The company originally made its mark in electrical products and later leapt into the wires and cables segment, flourishing there as well. All the products developed by the company undergo extreme research to provide safety and security. In addition, the company offers building wires, solar cables, and submersible flat cables for its consumers.
Quick Info About V-Guard Industries
Company Name | V-Guard Industries Ltd. |
Valuation | Rs. 17,987 crore |
Founding Year | 1977 |
Headquarters Location | Kochi, Kerala, India |
Type of Wires Offered | Residential and commercial wires |
Quality Certifications | ISO 9001:2015 |
Reputation and Awards | Innovative 100’ Awards 2013; India’s Best Design Project Awards |
Market Share Value | Rs. 411 |
Market Presence | Has a vast network of production and distribution across India |
Safety | Follows safety protocols and conducts safety tests. |
Contact & Website | https://www.vguard.in/ WhatsApp: 9633503333 Email: customercare@vguard.in |
10. KEI Industries Ltd
Image Caption: KEI Industries is counted as the best electric wire company in India.
KEI Industries has emerged as one of the most prominent names in India's wire and cable industry, and it is counted among the top 10 wire companies in India. With its quality products and widespread network, it has acquired a large market share, serving a wide spectrum of wires. KEI Industries sells control cables, instrument cables, residential wiring, and more. In addition, the leading cause of the KEI Industry's success as a top electric wire brand in India stems from its extensive research and scientific advancement.
Quick Info About KEI Industries Ltd.
Company Name | KEI Industries Ltd. |
Valuation | Rs. 34,386 crore |
Founding Year | 1968 |
Headquarters Location | Noida, Uttar Pradesh, India |
Type of Wires Offered | Power cables, control cables, fire-resistant wire, rubber wire |
Quality Certifications | ISO 9001:2015; ISO 14001:2015 |
Reputation and Awards | Superbrand Award since 2010, NABL accreditation |
Market Share Value | Rs. 3924.20 |
Market Presence | Has a strong market presence in India |
Safety | Follows safety measures to ensure the product is of premium quality |
Contact & Website | https://www.kei-ind.com/ Telephone: 1800 4100 000 Email: info@kei-ind.com |
Types of Cables and Wires Offered by Leading Brands
To pick the right company to buy the wires and cables from, you need to thoroughly understand the types of cables offered in the market by the leading brands. Hence, here are some of the types of electric wires:
1. Power Cables
These cables are often used in various industrial facilities and commercial arenas. They are easy to spot in the power transmission usage for low-voltage connections. Many industries opt for this type of cable for their low-voltage jobs and variable frequency drive, a electric motor.
Pros | Cons |
Can handle high voltage loads. | It can be damaged by physical or mechanical aggression. |
Available in various sizes. | It is not very flexible. |
Is relatively cheaper than the rest. |
2. Armored Cables
Armoured cables are known for usage in places with a high risk of fire and explosion. These are energy cables with mainly steel or aluminium reinforcement in construction areas or areas prone to vibrations and great dangers. These cables are built to withstand the damage with their strong exterior. Besides, these are rodent-safe, making them perfect for tough industrial usage.
Pros | Cons |
Are rodent-proof. | It is comparatively more expensive than the rest. |
Are temperature and fire-resistant. | Has limited flexibility. |
Can withstand mechanical damage. |
3. Rubber Cables
These flexible cables are used in industries across India. Their rubber sheath allows high voltage to pass through them, allowing industries to readily use them. In addition, for the currents transmitted between the electrode and generator, placing rubber cables is one of the brands' first preferences.
Pros | Cons |
Flexible for tight spaces. | It can degrade over time easily. |
High-voltage resistant. | They are heavier than other cables. |
It is oil and grease-resistant. |
4. Control Cables
Control cables are used for fixed installations and are made to be extremely flexible since they are mainly used in appliances. These are used in motos, signal transmission, or even frequency converters. Hence, most industries highly prefer these cables for smart appliances.
Pros | Cons |
Very flexible in spaces. | It is not suited for high temperatures. |
Are resistant to electromagnetic interference. | It can be more costly than other cables. |
They are durable against mechanical aggression. |
5. Solar Cables
The solar cables connect the photovoltaic panels to the DC to AC inverter. For this job, their exterior is made to be resistant to extreme heat and solar radiation, withstanding temperatures that other cables might not be able to. These are mainly preferred for outdoor installation.
Pros | Cons |
Highly durable and resistant. | It can be expensive. |
Can resist high temperature and heat. | Have a complex installation process. |
It is UV-resistant and moisture-resistant. |
Factors to Consider When Choosing an Electric Wire Company
Choosing the top electrical wire companies in India is not an easy deal. There are many aspects to remember when looking for the ideal manufacturer to get the best results. Hence, here are some of the factors to consider when choosing an electric wire company:
- Quality: It is essential to consider the quality of the products, including the wires and cables, their certifications, and industry ratings for various applications.
- Customer Service: It is beneficial to remember what type of customer service the company offers, from firm technical support to address common concerns.
- Market Reputation: A company's market reputation, consumer base, and years in the industry often determine the quality of the product it can produce and deliver.
- Pricing: Affordability and having a reasonable price range are important factors to consider, especially when the wires and cables appear too pricey.
- Shipping: It is important to understand when the company can make the latest delivery so that your wiring solution can be fixed within the stipulated timeframe without any delays.
- Reviews: Looking for customer reviews and testimonials is a clever decision to help you better understand the company's performance and product quality.
How NoBroker can Help?
Picking the right company from the top 10 Wire Companies in India is important to ensure you get the right quality cables at the correct pricing. Moreover, it is even more crucial to learn about the difference between a sale and an agreement to sell when purchasing large quantities of wires and cables to make better decisions.
After you understand what type of cable to choose from the leading brands in India, hiring someone who can properly install your wire is essential. This is where NoBroker can help you. Our team of expert professionals can assist you with everything from light to switchboard installation. We can assist you in the following way:
- Easy Installation: NoBroker electrician services allow a seamless installation without any hassle in the given timeframe.
- Simple Booking Procedure: On NoBroker's official website, you can easily navigate to your preferred services, choose a date, and book an installation.
- Reasonable Pricing: All the services NoBroker provides are budget-friendly and have no further hidden charges.
- Experts at Work: All the professionals working at NoBroker are certified and properly trained to assist you in your installation.
- Wide Range of Services: NoBroker offers a wide spectrum of services, ranging from electrical jobs such as installation of lights, fans, and smart appliances to getting electrical repairs.
Frequently Asked Questions
Q1. Which brand is best for electric wire?
Ans: While no one brand is best for electric wire in India, notable companies include Syska Wires, Havells India, Polycab India, and Finolex.
Q2. Which is the market leader in wires in India?
Ans: Polycab India Ltd. remains the market leader in wires in India. Other notable companies, like Finolex India and V-Guard Industries, also perform well in wiring solutions.
Q3. How many cable companies are there in India?
Ans: About 26 registered cable companies in India produce and distribute residential and commercial wiring solutions. Their products include power, speciality, and control cables, among others.
Q4. Which is better, Finolex or Polycab?
Ans: Although both companies have perks and advantages, Polycab has performed better than Finolex in numerous survey parameters.
Q5. Which is the strongest wire?
Ans: The strongest type of wire is high-tensile steel wire, which is known for being used in structures that bear a lot of weight and can take up a lot of load.
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