India Diesel Genset Rental Market to Grow at a CAGR of 5.92% through 2027 | Industry Statistics
Increasing government initiatives towards infrastructure development and low capital investment etc., is expected to drive the India diesel genset rental market through forecast period. According to TechSci Research report, “ India Diesel Genset Rental Market - By Region, Competition, Forecast & Opportunities, 2017-2027 ”, the India diesel genset rental market is anticipated to grow at a CAGR of 5.92% in the forecast period to reach USD616.15 billion by 2027. Stringent emission norms and ongoing infrastructure development projects are driving the demand for the India diesel genset rental market. Leading authorities are adopting the measures to become the global manufacturing hub by 2030 by introducing supportive initiatives. The introduction of the ‘Make in India’ scheme by the government to boost the local manufacturing industries and reduce the dependency on the import of goods is expected to act as a positive driver for the India diesel genset rental market. Als...