In 2021, the Indian non-solar high-capacity inverter market was worth around USD 391.3 million, and it is predicted to advance at an 8% CAGR from 2021 to 2030, hitting USD 760.1 million in 2030, according to P&S Intelligence. This can be credited to the snowballing need for power backup solutions across residential, commercial, and industrial areas, coupled with the rising...
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