India Optical Fiber Cable Market Overview, 2028

India Optical Fiber Cable Market Overview, 2028

India has a vast population and a growing need for broadband connectivity. The government's flagship program, Bharat Net (previously National Optical Fiber Network), aims to connect all rural areas with high-speed broadband. This initiative creates opportunities for companies involved in the deployment, installation, and maintenance of optical fiber networks across the country. The Indian government's Smart Cities Mission and Digital India initiatives focus on creating sustainable and digitally connected cities. These initiatives require the development of robust and scalable fiber optic infrastructure to support various smart city applications, such as smart grids, intelligent transportation systems, e-governance, and surveillance. Companies involved in fiber optic network design, installation, and management can capitalize on these opportunities. India is preparing for the deployment of 5G technology, which will require significant investments in infrastructure, including fiber optic networks. The high-speed and low latency requirements of 5G networks make fiber optic cables essential for supporting the increased data traffic. There are opportunities for companies involved in 5G network deployment, fiber optic cable manufacturing, and network integration services. India's strategic location between the East and the West makes it an important hub for international connectivity. The growth of submarine cable systems connecting India to various regions opens up opportunities for companies involved in submarine cable laying, maintenance, and connectivity services.

According to the research report “India Optical Fiber Cable Market Overview, 2028,"" published by Bonafide Research, The India Optical Fiber Cable Market is projected to reach market size of more than USD 2.41 Billion by 2028. The Indian optical fiber cable market is witnessing several interesting and innovative missions that are shaping the industry. The BharatNet project (previously known as the National Optical Fiber Network) is one of the largest initiatives in the world for the deployment of high-speed broadband connectivity to rural areas. The aim is to connect over 2,50,000-gram panchayats (village-level administrative units) with optical fiber cables, providing internet access to millions of people in remote locations. Also, The Indian government's Digital India campaign aims to transform the country into a digitally empowered society. As part of this initiative, optical fiber cables play a vital role in connecting government offices, schools, healthcare centers, and other institutions with high-speed broadband, facilitating the delivery of digital services. India's Smart Cities Mission focuses on creating sustainable and technologically advanced cities. Optical fiber cables form the backbone of these smart cities, supporting the integration of various smart solutions such as intelligent traffic management, smart lighting, environmental monitoring, and e-governance systems. India is witnessing growth in the domestic manufacturing of optical fiber cables. This not only reduces dependency on imports but also boosts the country's manufacturing capabilities and contributes to the government's """"Make in India"""" initiative. Furthermore, India is actively involved in the development of submarine cable systems to enhance international connectivity. Projects like the Chennai-Andaman and Nicobar Islands (CANI) submarine cable system aims to connect remote islands with the mainland, improving communication and internet access in these regions.

In India, the optical fiber cable market is regulated by various government bodies and authorities. The primary regulatory bodies involved in overseeing the telecommunications sector, which includes the optical fiber cable market, are Department of Telecommunications (DoT) is the main government body responsible for formulating policies, regulations, and guidelines related to telecommunications in India. It sets the rules and regulations for the installation, operation, and maintenance of optical fiber cable networks. Also, Telecom Regulatory Authority of India (TRAI) is an independent regulatory authority that oversees the telecommunications sector in India. It ensures fair competition, protects consumer interests, and promotes efficient and equitable growth of the telecom industry. TRAI may issue regulations or recommendations related to optical fiber cable deployment, pricing, interconnection, and quality of service. In addition, Bharat Broadband Network Limited (BBNL) is a special purpose vehicle (SPV) set up by the Indian government for the implementation of the National Optical Fiber Network (NOFN), now known as BharatNet. BBNL is responsible for the creation, management, and maintenance of the optical fiber infrastructure across the country. Furthermore, the specific regulations governing the optical fiber cable market in India may cover various aspects such as licensing requirements, right of way (ROW) permissions for laying cables, quality of service standards, interconnection rules, and pricing policies. These regulations are designed to ensure the orderly growth of the telecommunications sector, promote competition, protect consumer interests, and maintain network integrity and security.

The optical fiber cable market in India is poised for significant expansion in the coming years. The government's ambitious plans to connect rural areas, the ongoing digitalization of various sectors, and the increasing demand for high-speed internet will continue to drive the market's growth. The Indian optical fiber cable market is highly competitive, with several domestic and international players operating in the industry. Major players include Sterlite Technologies Limited, Birla Cable Limited, Finolex Cables Limited, Vindhya Telelinks Limited, and Aksh Optifibre Limited, among others. These companies are engaged in research and development to offer innovative solutions, expand their product portfolios, and meet the evolving demands of the market.

Considered in this report
• Geography: India
• Historic year: 2017
• Base year: 2022
• Estimated year: 2023
• Forecast year: 2028

Aspects covered in this report
• India Optical Fiber Cable Market with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

By Cable Type:
• Single Mode
• Multi-Mode

By installation type:
• Overhead
• Underground
• Submarine

By End-user
• Power Infrastructure
• IT & Telecommunication
• Building & Construction
• Aerospace & defence
• Consumer Electronics
• Automotive
• Others

The approach of the report:
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual report of companies, analysing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us. we have started verifying the details obtained from secondary sources.

Intended audience
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related optical fiber cable industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.