Beyond legacy cables: 2 newly listed component makers doubling capacity for the Rs 9 Lakh cr power boom
- Posted on May 26, 2026
- By Financial Express
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- 1 min read
Beyond legacy cables: 2 newly listed component makers doubling capacity for the Rs 9 Lakh cr power boom
India’s transformer capacity could nearly triple to 300 GVA by FY28 as power grids expand for renewables, EVs, and AI data centers. Hidden deeper in the value chain, a quiet manufacturing niche may be set for a long growth cycle.