The India heavy machinery components market was valued at USD 4.97 billion in 2024. According to the IMARC Group, the market is projected to grow at a compound annual growth rate (CAGR) of 6.5% from 2025 to 2033, reaching USD 8.76 billion by the end of the forecast period. This growth is driven by factors such as rapid infrastructure development, expanding construction activities, rising mining operations, supportive government initiatives, increasing demand for automation, and technological advancements in machinery that enhance productivity and operational efficiency across various industries. To know more about “India Heavy Machinery Components Market,” visit this link: https://www.imarcgroup.com/india-heavy-machinery-components-market
