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Research and Markets Logo. The Indian Elevators Market stood at USD 1351.53 million in FY2021 and is forecast to grow at a CAGR of 5.22% until FY2027, owing to the increasing urbanization, augmented government support, and entrance of foreign players in the market.. Moreover, with the growing number of high-rise commercial and residential buildings across the country, the need for high-speed ...
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