27-29 August, 2020
10th International Exhibition on
Cutting and Welding Materials
Equipment, Laser Technology,
Machine Tools and Allied Products

Pragati Maidan, New Delhi,
India

 

News

20 August 2019

The growing Indian laser market: An overview

The laser market is driven by industries such as automotive, heavy industry, infrastructure, electronics, consumer durables, railways, and others. The automotive sector is growing at a pace of approximately 10% CAGR and the Indian automotive industry (including component manufacturing) is expected to reach Rs 16.16–18.18 trillion ($251.4–282.8 billion) by 2026. Thus, the automotive industry is the main driving force for the laser industry.
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