India’s electrical equipment industry to reach $235 billion by 2035: McKinsey
Published on: May 21, 2026, 5:43 p.m. | Source: The Economic Times
India's electrical equipment industry is on the brink of a transformative surge. Projections indicate that by 2035, the nation could produce $235 billion worth of electrical goods, with exports surpassing $60 billion. This optimistic forecast is fueled by advancements in technology and competitive pricing strategies.
