By Hritam Mukherjee
(Reuters) -Indian wires and cables maker R R Kabel continues to expect sales volumes to grow between 16%-18% this fiscal year, as its strategy to shift exports away from the United States in the wake of tariffs pays off, a senior executive said on Monday.
Wires and cables account for 90% of the company’s topline and R R Kabel earns nearly 30% of its revenue from exports to regions such as Europe, the Middle East and the United States. The U.S. contributes to 10% of its export income.
R R Kabel’s share of exports to total revenue rose to 28% in the first half of fiscal year 2026, from 26% a year ago.
“There is a lot of uncertainty in (the) U.S. market, but still we were able to have very good growth (in exports)… it means this is getting through (to) new customers and new markets,” Rajesh Jain, chief of operations, told Reuters in an interview.
Indian goods entering the U.S. face 50% tariffs – higher than those on competitors like China or Vietnam.
Jain said the firm is looking to grow its volumes by about 21% year-on-year between October and March, almost double the 11.3% volume growth registered in the first half of the fiscal year. For that, R R Kabel is banking on a ramp-up of capacity and a pickup in domestic demand due to favourable weather.
The second half of the fiscal year tends to bring with it greater construction activity in India, as monsoon rains come to an end and before summer heat kicks in, boosting demand for wires and cables.
In May, the Mumbai-based company announced a total investment of about 14.50 billion rupees ($165 million) for adding capacity at two of its factories in western India.
“We have seen good growth in second-quarter in domestic as well as export (markets)… and it will continue to grow.” Jain said.
($1 = 87.8950 Indian rupees)
(Reporting by Hritam Mukherjee in Bengaluru; Editing by Ronojoy Mazumdar)
