CABLE STOCKS THAT ARE SET TO GAIN FROM DATA CENTER BOOM IN INDIA
India’s data centre industry is set for strong growth, with capacity expected to rise from around 950 MW in 2024 to nearly 8 GW by 2030. This expansion highlights the increasing importance of digital infrastructure across the country.
Cables are crucial for the efficient transmission of electricity and data, making them an essential component of modern infrastructure projects. In data centers, wires and cables support the power supply and facilitate high-speed data transmission between servers and networking equipment, ensuring reliable operations.
Cable stocks that stand to gain from this boom are POLYCAB , KEI , RRKABEL , and FINCABLES
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