India Gensets Market Growth, Development and Demand Forecast Report 2030 psmarketresearch.com

The Indian gensets market generated a revenue of $554.5 million in 2019 and it is predicted to advance at a CAGR of 6.8% between 2020 and 2030. According to the forecast of the market research firm, P&S Intelligence, the market will attain a value of $855.1 million by 2030. The market is being driven by the growing requirement for high- and medium-power gensets in the commercial sector and the expansion of the manufacturing and construction industries in the country.