01−03 September 2023
12th International Exhibition on
Cutting and Welding Materials
Equipment, Laser Technology,
Machine Tools and Allied Products

Bombay Exhibition Centre, Mumbai,



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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