You can also look at the Wires and Cables business. Companies like Kei Industry, Polycab (u have this one in your portfolio), Vguard, etc are good proxy plays for renewable energy growth and also EV adoption. The management and their order books show strong demand for high voltage wires which are essential for building the transmission lines required to connect our houses with the renewable energy generating plants and also are very necessary for the charging infrastructure required for EVs.
I hope this helps.
| Subscribe To Our Free Newsletter |
