Summary:

The government's emphasis on infrastructure and electrification is helping Finolex Cables Ltd. increase its footprint in North-East India, particularly Assam. The business views the area as a longterm growth market, with increased connectivity facilitating growth. Due to improved distribution networks and growing brand demand, North-East revenue has doubled over the last four years. About 15% of overall revenue comes from the eastern region, with a significant portion coming from the Northeast. Due to consistent demand, the company anticipates continuous expansion over the coming years. Strong long-term growth momentum in the area is indicated by key factors such as investments in housing, roads, railroads, rural electrification, and growing solar power use.

Source: IBEF

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