The Indian industrial valve and control solutions market is undergoing a tremendous growth as it moves towards automation in production. In 2024, the market is worth $2.41 billion and is expected to grow to $3.38 billion by 2029. The market’s CAGR will exceed 7 percent over the forecast period. This development is accelerated by the need to optimize the business operations and to reduce the number of workers who are involved in manual labour in the industry. Although the future looks bright, yet the market is by no means easy to enter. There are already strong competitors with considerable reputation in the field, especially from Germany, which is known for its constant innovation and high-quality standards.
Pulin Vaidhya
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