Pumps Industry market in India
Pumps Industry market in India Indian Market research analysts predicted that the pumps market in India will grow steadily during the predicted period and will post a CAGR of almost 10% by 2020.& exhibiting a growth rate (CAGR) of 5.26% during 2023-2028. Owing to increased Industry, Municipal corporation, Building segment. , check here The pump manufacturers have been concentrating only on the needs of the domestic market, and international market specifically to the agriculture and building services industries and manufacturing industry. The influence of liberalization, privatization, and globalization of the Indian pump market have compelled manufacturers to export their products to foreign countries everywhere in world. where the demand for pumps is high in industries such as Paper Pulp, Agriculture, construction , oil and gas, steel, and mining, water supply etc. Currently, the US and Germany, African countries, Asian countries are the major re...