TRENDS: Indian appliance market booming with 29% growth

Ambitious appliance retailers would do well to put ‘expansion into India’ into their five year plans as the country’s kitchen appliances market is forecast to grow at a CAGR of over 29% during 2015 – 2020, in value terms. This is according to TechSci Research report “India Electric Kitchen Appliances Market Forecast & Opportunities, 2020”.