Aditya Birla Group Enters Cables & Wires Segment

The Aditya Birla Group's entry into the Cables & Wires (C&W) sector through UltraTech Cement has shaken the industry, reminiscent of Grasim’s foray into paints with Birla Opus. UltraTech plans a ₹1,800 crore plant in Gujarat by December 2026. Market concerns led to a sharp sell-off in C&W stocks, with experts divided on the long-term impact.