marketreports

The Indian market for gas turbine is majorly comprised of foreign players who export ready-made gas turbines for use in the power and aircraft industry to the country. This is due to the complexity in design, lack of skilled workforce and lack of research and funding. As the Indian power industry shifts its focus from large thermal plants (steam and gas) to renewables, the demand for gas turbines will eventually decrease, along with the fact that India imports most of it natural gas requirement. However, the growth for the components of aircraft based gas turbines is expected to increase considering the ‘Make-in-India’ initiative of the Indian Government. This could encourage foreign key players like GE, Rolls-Royce, Siemens, etc to shift their manufacturing supply chains to India. Request Sample What is a Gas turbine?  Gas Turbines are turbines under the class of thermal energy conversion machines where the fuel is burned to produce a hot stream of gases which transfers it mechani...