Empowering India's Infrastructure

The poles & towers market in India is on a growth path and the key factors that are contributing to this growth are urbanization, increasing telecommunication network and energy requirements. The increase in data usage and the emergence of 5G technology require strong and large telecommunication networks, which, in turn, stimulates the need for poles and towers. This sector is not only crucial to telecom operators but also to the utilities like electricity distribution, street lighting, and many more, which makes it more complex. Since then, more such government schemes have come into force which have helped in enhancing the development of infrastructure thereby providing a conducive environment for the growth of the market. The increased demand for electricity in rural areas due to rural electrification initiative and the increase in demand for broadband connection in the rural areas has also played a major role.

Also, the shift towards the use of renewable energy sources is another factor that can spur growth. Wind and solar power plants require a lot of support structures such as poles and towers to transport the generated electricity. The focus on green energy is especially suitable for India, which is already inclined towards sustainable development and reduction of CO2 emissions, which creates new opportunities for market participants. Local manufacturing capabilities are being developed to meet the growing needs and more companies are incorporating the use of better technologies and designs to improve on the poles and towers.

In the current issue, we introduce you to the top companies in this segment. In this issue, Industry Outlook has identified the select few companies that have done particularly well in this industry with a high level of dedication. We have found that these companies have gone the extra mile in proving their commitment to meet the customer needs in an integrated manner.

We welcome your feedbacks and suggestion that you may have concerning this special issue.