Reliable industry estimates indicate that the value of the structured cabling market in India is set on a course for slow, but steady increase. Ongoing new construction projects in commercial real estate, airports, hotels, hospitals and educational institutes are reportedly driving the growth of the Indian structured cabling market.
“The market is likely to observe 5-8 percent growth in 2012 because of the volatility in copper prices and the prevailing low sentiments in the market,” says KK Shetty, director of sales for TE Connectivity in India, as quoted in India's CRN. “Beyond 2012, the market is likely to observe growth of 15 percent till 2016.”
“The addition of new branches in the BFSI sector, and the upcoming data centers and disaster recovery centers for the growing telecom sector has opened new avenues for structured cabling," continues TE's Shetty. "Government initiatives...have generated huge demand. Besides, GST implementation will require high-end infrastructure in the future.”
Natarajan Viswanathan, MD, India and Saarc, of CommScope, adds, “Major demand is expected from applications in data centers, building automation, campus perimeter security and in-building wireless applications.”
More Coverage: Prysmian reveals expansion plans for China and India