– Adani and Aditya Birla Group Enter the Cable Industry: After competing in the cement sector, the Adani Group and the Aditya Birla Group are set to compete in the wire and cable business. The entry of these two large – scale enterprises will intensify competition in the wire and cable industry, which had a compound annual growth rate of 13% in revenue from FY19 to FY24 and is moving towards an organized branded market.

– India’s Cable TV Industry Shrinks: According to the report, due to the impact of OTT, India’s cable – TV industry has lost more than 500,000 jobs. The industry is shrinking due to factors such as subscriber decline, digital disruption, and policy gaps. However, industry leaders are still cautiously optimistic, believing that there are untapped growth opportunities.

– Norway’s Industrial Ethernet Cable Market Booms : The Norwegian industrial Ethernet cable market was valued at $1.50 billion in 2022 and is expected to reach $2.80 billion by 2030, with a compound annual growth rate of 7.2% from 2024 to 2030. Driven by offshore automation and the implementation of Industry 4.0, the market is expected to have a compound annual growth rate of 9.2% from 2025 to 2030.

– LS Cable & System Secures Submarine Cable Contract: LS Cable & System and LS Marine Solution, in cooperation with Microsoft, Amazon Web Services (AWS), Arteria Networks (Japan), and Dreamline (Korea), have won Korea’s first turn – key contract for the international submarine network JAKO. The project is expected to be completed in 2027.

– Meta Plans to Build the Longest Submarine Internet Cable: Meta has announced a new project called the Water Source Project, which will build a 50,000 – kilometer – long submarine cable. The cable will connect countries such as the United States, India, South Africa, and Brazil, and will become the longest submarine cable in history, helping to improve Internet connections on five continents and supporting Meta’s artificial intelligence projects.