India Electrical Materials Market Report 2021: Historical Years FY2015-FY2019 / Base Year FY2020 / Estimated Year FY2021/ Forecast Period FY2022-FY2026
Share this article Share this article ResearchAndMarkets.com's offering. The Indian Electrical Materials Market was valued at USD 5969.13 Million in FY2020 and is projected to grow at double digit CAGR of 17.88% during the forecast years, to reach USD 9714.33 Million through FY2026. Increasing construction activities is the major factor driving the electrical materials market in India. The construction sector is one of the largest contributors to economic activity and is expected to grow at 7-8% per annum over the next 10 years in India. Short-term expansion of India's construction activiti...