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【Cable network news] Driven by the development of domestic infrastructure, the annual compound growth rate of Indian cable industry is expected to reach more than 20% in the next five years. In the past ten years, the Indian cable industry has developed into a big industry. The rapid increase in demand for electricity, lighting and communications has greatly promoted the market demand in the cable industry. With the stability of energy supply and the increasing demand for data communication, it is expected that the annual compound growth rate of Indian cable industry will increase from the current 15% to more than 20% in the next five years. The Times of India said that in the past 20 years, the Indian cable market has experienced an orderly evolution to an orderly era, although about 35% of the current cable market is still in an orderly situation. Overall, India's cable manufacturing industry reached 4000 rupees (About 400 yuan). Among them, the scale of the special cable industry is about 1000 rupees (About 100 yuan). In recent years, the Indian government has continuously increased its investment in infrastructure, one of which is railway. According to government planning, 2015- In 2020, India's investment in railways will exceed 8 trillion rupees (About 8000 yuan). In addition, the Indian government will invest 5000 rupees (About 500 yuan)Build 100 smart cities across the country. In terms of roads, the Indian government plans to spend 930 US dollars, including the National Highway plan, the government's flagship project (NHDP)The total investment in the next three years is about 450 US dollars. The digital India construction plan means that the government will invest 4.  5%. 5 trillion rupees (About 4500 yuan) India's ministry of electricity also said it would spend 1.  5% in the next five years. 5 trillion rupees (About 1500 yuan)Used to renovate and expand the domestic power infrastructure. Heavy investment in infrastructure construction will promote the rapid growth of cable demand in India's domestic market. In addition, India's demand for cables in core industries such as mining, electricity, oil and gas, Subway, cement and steel also has great potential. From the cable type, mainly divided into power cable and communication cable. Power cable is an important component in power industry. With the Indian government's strong support for renewable energy power, the reconstruction and expansion of the existing power transmission and distribution infrastructure and the upgrading of the existing power stations, power cables will show a significant growth trend in the next five years. On the other hand, the acceleration of urbanization and rural electrification is also a major factor in promoting the substantial growth of domestic electricity demand. The Indian government plans to achieve a plan for everyone to have electricity by 2020. This article exchange rate 1 Indian Rupee = 0. 1 RMB (Please indicate the source of this article's first cable network reprint. ) Article Source: http://news . cableabc. com/gc/20170902529484. HTML