{"id":1119,"date":"2026-04-22T05:53:55","date_gmt":"2026-04-22T11:23:55","guid":{"rendered":"https:\/\/unlistedradar.com\/blog\/?p=1119"},"modified":"2026-04-22T06:14:05","modified_gmt":"2026-04-22T11:44:05","slug":"why-ashish-kacholia-is-betting-on-indo-smc-%e2%82%b9250-cr-order-book-story-behind-indias-power-sector-play","status":"publish","type":"post","link":"https:\/\/unlistedradar.com\/blog\/why-ashish-kacholia-is-betting-on-indo-smc-%e2%82%b9250-cr-order-book-story-behind-indias-power-sector-play\/","title":{"rendered":"Why Ashish Kacholia Is Betting on Indo SMC \u2014 \u20b9250 Cr Order Book Story Behind India\u2019s Power Sector Play"},"content":{"rendered":"

India\u2019s power infrastructure is entering a once-in-a-decade expansion phase\u2014and smart capital is already flowing into companies aligned with this theme.<\/p>\n

Indo SMC is emerging as one of the most interesting plays in the unlisted space, backed by strong fundamentals, execution visibility, and a rapidly expanding order book.<\/p>\n

Let\u2019s break down the story with data, clarity, and investor-focused insights.<\/p>\n

\n

\u26a1 Macro Tailwind: Power Sector Growth<\/h1>\n

Market Growth Snapshot<\/h3>\n
\n
\n\n\n\n\n\n\n\n
Segment<\/th>\nCurrent Size<\/th>\nFuture Size<\/th>\nCAGR<\/th>\n<\/tr>\n<\/thead>\n
Transformer Market<\/td>\n$26.68 B (2024)<\/td>\n$48.10 B (2034)<\/td>\n6.07%<\/td>\n<\/tr>\n
SMC Market<\/td>\n$1.72 B (2025)<\/td>\n$2.52 B (2034)<\/td>\n4.36%<\/td>\n<\/tr>\n
FRP Market<\/td>\n$79.06 B (2025)<\/td>\n$102.01 B (2030)<\/td>\n5.23%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n
\n

\ud83d\udcc8 Growth Drivers<\/h3>\n