Acey Engineering Pvt. Ltd. manufactures and supply of control cables to major Indian Automotive Manufacturers. Their head office and plant is spread over 10000 sq. mtrs. of land
Wire and cable industry in India comprise about 25% of the power transmission and distribution sector. It also forms 40% of the electrical equipment industry in India. India has a lot of potential in the mining, power, oil and gas, metro railways, cement industry , steel industry and other sectors. Different kinds of cables like extra high voltage cables, elastomer cables, etc, are now being used for special applications such as mining/oil sector, shipbuilding /crane cables/elevator cables, cables for solar power plants, power cables to harness power for new generation projects. The industry will also get a boost with smart grid projects.
The challenge faced by the industry is increased competition from China and rise in price of raw material inputs like aluminium and copper. Though 65 %