Frost & Sullivan: Helical Gearboxes Uplift Prospects for the Indian Gearboxes and Geared Motors Market
The Indian gearboxes and geared motors market is poised to grow at a compound annual growth rate of (CAGR) of 17.3 percent over 2010-11 to 2017-18. India’s GDP growth of 8 to 9 per cent and continued government’s thrust on infrastructure and urban development projects are expected to translate to a high growth in the end user industries Including metals and mining, cement, power, water supply, and wastewater treatment.
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