India's second-largest wire maker is doubling capacity, piloting steel cord to cut tire imports, and targeting 30-35% automotive revenue through localized high-performance products and strategic geographic expansion.
30 Sep 2025 | 9043 Views | By Shahkar Abidi
Bansal Wire Industries, India's second-largest steel wire manufacturer by volume, is making the automotive supply chain the centerpiece of its next phase of growth. The company has been manufacturing since 1985, but its focused entry into auto-grade wires only began around 2015–2016. In a decade, the automotive segment has grown ...
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