According to Renub Research latest report, "India Diesel Genset Market, Size, Forecast 2023-2030, Industry Trends, Growth, Impact of Inflation, Opportunity Company Analysis" India Diesel Genset Market to grow with a CAGR of 8.20% from 2022 to 2030 "Genset," or "Generator Set," is a device that generates electrical power using an engine (usually powered by gasoline or diesel fuel)...
The Indian prime power diesel genset market was USD 143.6 million in 2021, and it will grow at a rate of 10.6% to reach USD 356.3 million by 2030. The industry will grow because of the high demand for diesel gensets from commercial industry and significant growth in manufacturing and construction industry.
These sectors are powered by the macroeconomic development, growing capital...