Power Transmission Transformers, per Industry report in the offer document of Kanohar Electricals (commissioned by a company).
The Indian power transmission and transformer manufacturing industry is experiencing steady expansion, driven by national grid upgrades, rural electrification programs, and renewable energy integration targets of 500 GW by 2030. The domestic transformer market has grown consistently, expanding from USD 3,691.40 million in CY19 to USD 4,944.90 million (₹ 46,803.48 crore) in CY25 at a CAGR of 5.0%, and is projected to accelerate to reach USD 6,854.20 million (₹ 64,874.96 crore) by CY30 at a CAGR of 6.7%. [1]
| Figure | Period | Value |
|---|---|---|
| Market size [1] | ₹46,803 crore | |
| Market growth [1] | 6.7% |
| Topic | Figure | Period | Value |
|---|---|---|---|
| Market size and growth | Market size [1] | ₹46,803 crore | |
| Market size and growth | Market growth [1] | 6.7% |
According to an industry report in Kanohar Electricals' offer document, the power transmission transformers market was ₹46,803 crore in .
Built from 1 source: 1 company-commissioned report. Each figure carries its source number, which links to the full source list with dates and page references.
Figures are quoted from the sources listed above, with their dates and page references. They are not FinMinutes estimates and are not a recommendation about any security. All industries →