India Multistage Water Pumps Market to Reach $ 677 Million by 2023
Robust growth of industrial sector coupled with expansion of power and oil & gas production facilities across the country to propel demand for multistage water pumps in India through 2023 According to TechSci Research report, “ India Multistage Water Pumps Market By Operation, By End Use Industry, By Product Type, By Application, By Sales Channel, Competition Forecast & Opportunities, 2013-2023’’ , the country’s multistage water pumps market is forecast to surpass $ 677 million by 2023, on account of growing power and food & beverage industries along with expanding oil & gas production facilities across the country . Moreover, increasing public and private investments and FDI inflows in the industrial sector to enhance production efficiency and to improve technology is further driving demand for multistage water pumps in various downstream industries. Multistage water pumps are majorly used in applications involving high pressure while offering high ef...