Havells, Polycab and Orient Electric - What works for them

After a long phase of growth, the electrical goods industry is getting closer to a consolidation. This will lead to re-rating of some companies. The industry had a good chunk of unorganised suppliers. But multiple factors have contributed to a steady shift in demand from the unorganised to the organised sector. The sector looks promising.A combination of factors are likely to help the industry. Apart from higher electrification, increasing