India Electric Motor Market Set for Significant Growth, Projected to Reach USD 10.6 Billion by 2030 The India electric motor market, valued at USD 1.35 billion in 2023, is expected to grow rapidly with a compound annual growth rate (CAGR) of 17.45%, reaching USD 10.6 billion by 2030. This growth is driven by rising industrial demand, the adoption of electric vehicles, and government...