Amit Mathur
President - Sales and Marketing, Finolex Cables
How is the wires & cables market evolving in the country? What are the key demand drivers?
The Indian wires & cables market is evolving rapidly, fuelled by urbanization, infrastructure development, and government initiatives. As cities grow and modernize, there is a rising need for reliable wiring solutions in residential, commercial, and industrial spaces. Finolex, with its FR and FR-LSH cables, has become a trusted name in providing high-quality products that ensure safety, durability, and performance.
Government-led rural electrification programs have also significantly boosted demand. Extending electricity to remote and underserved areas requires resilient and efficient wiring systems, and Finolex has been instrumental in catering to these needs. Their solutions are designed to perform well under diverse environmental conditions, ensuring reliability in challenging scenarios.
Additionally, there is a strong push for sustainable and energy-efficient wiring solutions, driven by increasing awareness of energy conservation and environmental impact. Finolex leads this shift with eco-friendly products that reduce energy loss and enhance overall efficiency.
What are the innovations happening in wires & cables? What is trending now?
Finolex is driving innovation in the wires and cables industry by focusing on products that prioritize safety, resilience, and efficiency. A prominent trend is the development of flame-retardant and low-smoke cables, which are essential in reducing fire hazards in densely populated structures. These advanced cables ensure that, in case of fire, the risk to occupants is minimized by limiting smoke and harmful gas emissions. Finolex’s commitment to safety aligns with modern safety codes and industry regulations, making our products highly suitable for both residential and commercial settings.
Another major innovation is the use of cross-linked polyethylene (XLPE) insulation, which enhances thermal resistance, durability, and the ability to handle higher power loads—perfect for industrial applications and challenging conditions. The rising demand for power cables has amplified the need for insulation with excellent dielectric properties, low moisture absorption, and high-temperature tolerance. Finolex’s Finopower XLPE HT cables and FINVUL-X LT power cables meet these requirements, offering superior dielectric, thermal, and mechanical performance.
What are the new developments in wires & cables for housing and commercial segment applications?
Finolex products are equipped with advanced insulation materials, offering enhanced thermal tolerance and resistance to wear. This is ideal for high-density installations. For instance, Finolex’s FR-LSH cables are designed to handle increased power demands in residential high-rises or large commercial complexes, ensuring efficiency and preventing overheating.
Finolex’s low-voltage cables are specifically designed to meet the needs of modern residential and commercial buildings. These cables ensure efficient power distribution and are built to prevent overheating, making them suitable for high-rise buildings and large commercial complexes.
The company is also focusing on modular wiring systems for commercial projects. These systems are easier to install, maintain, and offer an extended lifespan. They support the flexibility required in commercial spaces, allowing for adjustments and expansions with minimal disruption.
Finolex is at the forefront of providing adaptable, safe, and reliable wiring solutions. Their eco-safe industrial cables and digital locks exemplify their innovative approach to meeting the diverse needs of residential and commercial developers.
What are the key safety features in your range of wires & cables?
Safety is at the heart of Finolex’s product range. Our Flame Retardant (FR) Grade (90 Mtr) Gold, Flame Retardant (FR) Grade (90 Mtr) Silver, and Flame Retardant Low Smoke (FRLSH) cables are built with advanced flame-retardant, low-smoke insulation to significantly reduce fire risks. These features prevent the rapid spread of flames and minimize smoke emissions, offering critical protection in high-occupancy buildings and commercial spaces, giving occupants valuable time to evacuate safely during emergencies.
We also produce halogen-free cables like the HFFR (Halogen-Free Flame Retardant), which emit minimal toxic gases if they come into contact with fire. This innovation is particularly valuable in enclosed or densely populated areas, where reducing toxic exposure is vital for occupant safety. By minimizing toxic emissions, our cables provide an extra layer of protection, especially in situations where air quality and reduced smoke are essential for safe evacuation.
Our adherence to international safety standards, such as IS and ISO certifications, demonstrates our commitment to quality and safety. Finolex products undergo rigorous testing to ensure they meet or exceed regulatory standards, providing peace of mind to users and project planners alike.
What are the changes visible in wires & cables with the renewable energy sector evolving?
With the rapid expansion of the renewable energy sector, the demand for specialized cables capable of meeting the unique requirements of solar and wind installations has surged. Finolex has proactively developed solutions tailored for these applications. Our solar cables are designed with enhanced UV resistance, higher temperature tolerance, and exceptional durability, making them ideal for outdoor installations exposed to harsh environmental conditions. They are manufactured using E Beam technology, that has Electron beam employed in the area of cross-linking of wire and cable insulation material. The electron beam-cured cables show enhanced properties to withstand a higher range of temperatures, ozone, weathering/UV, and attack from acid & alkaline solutions. The proposed industrial accelerator radiation processing facility will be used for processing solar cables, high-temperature automotive cables, and high-temperature halogen-free electrical wires etc.
These cables ensure efficient power transmission with minimal energy loss, addressing the electrical and mechanical demands of solar power systems. Additionally, their robust construction allows them to handle high voltages and withstand environmental wear, ensuring long-term reliability and safety.
How do you view the future market demand for wires and cables? How are you prepared to meet future demand?
The future market for wires and cables looks highly promising, driven by India’s expanding infrastructure, the adoption of renewable energy, and rapid urbanization. We expect sustained demand as housing, commercial projects, and industrial developments continue to grow. Additionally, emerging sectors like electric vehicles, smart cities, and green energy solutions will further boost requirements for advanced wiring systems.
Finolex is well-equipped to meet these demands through strategic investments in technology and capacity. Our state-of-the-art manufacturing facilities enable us to scale production efficiently, while our dedicated R&D team focuses on creating innovative products like eco-friendly, energy-efficient cables and advanced solutions for smart technologies.
To support large-scale infrastructure projects, we have developed a robust pan-India distribution network, ensuring timely delivery and accessibility of our products across urban and rural markets.
By staying ahead of industry trends and prioritizing sustainability, Finolex is committed to remaining a trusted leader in the wires and cables industry, ready to power India’s growth and modernization.
