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This study is an analysis of the growth opportunities in India for the process equipment market. India is the world’s fastest growing economy with a GDP growth of 7.3%, which is expected to rise to 7.7% in 2020. Major reforms are expected to be undertaken in order to increase domestic manufacturing output and facilitate Foreign Direct Investment (FDI) inflow, creating opportunities for the process equipment market. Opportunities in key end-user industries, namely oil and gas, power generation, chemical, mining, water and wastewater, and food and beverage have been discussed. Market drivers have also been discussed along with a corresponding impact on the process equipment market.
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