Torrent Electricals plans to invest over Rs 1,000 crore in its newly launched housing wire vertical over the next few years.

The investment will focus on expanding manufacturing capacity, strengthening distribution networks, enhancing quality assurance systems, and building the brand. The company recently made its foray with its housing wire products in Gujarat and aims to expand to other states in phases. CEO Sachin Phartiyal stated, “We intend to build a significant presence over the next 12–24 months,” adding that the move aligns with the company’s broader growth strategy to leverage rising demand from urban housing and infrastructure development.

Torrent Electricals plans to establish a strong dealer and electrician network in the offline retail segment and also launch its products on major e-commerce platforms like Amazon and Flipkart. A part of the Torrent Group, the company operates an integrated manufacturing facility in Nadiad, Gujarat, and is a leading electrical cable manufacturer in India.

Industry data estimates India’s domestic wire and cable market at USD 21.22 billion in 2025, projected to reach USD 32.85 billion by 2030, growing at a CAGR of 9.14 percent during 2025–2030.