India Single-Cylinder Pumpset Market Share, Size, Future Demand, and Emerging Trends
September 28, 2023 ⚊ 1 Min read ⚊ Views 30 ⚊ BUSINESSThe Indian single-cylinder pumpset market size stood at $1,126.8 Million in 2019, and it is set to grow at a CAGR of 5.3% during the forecast period (2020–2030). The rising population leading to an increasing pressure on the agriculture sector, along with the strong government support for the industrial sector, is the key growth factor driving the single-cylinder pumpset industry in India.
Tags: 10.1 HP–15 HP, 5.1 HP–10 HP, Below 5 HP