India Screw Compressor Market

In September 2023, Gardner Denver announced an expansion of its product line in India, focusing on energy-efficient screw compressors to meet the rising demand in the manufacturing sector. Atlas Copco has been actively enhancing its service offerings in India by introducing comprehensive maintenance solutions for its screw compressors, responding to the industry’s increasing need for reliable performance and sustainability. In terms of mergers and acquisitions, Hitachi acquired a controlling interest in a regional competitor in October 2023, strengthening its position in the Indian market. Boge Compressors has also reported a significant partnership with Schneider Electric in August 2023, aiming to enhance energy management solutions for screw compressors. The Indian screw compressor market has displayed remarkable growth, with a valuation increase driven by industries requiring efficiency and reliability, particularly in the automotive and manufacturing sectors. Major developments in the last two years include the investment by Ingersoll Rand in March 2022 to set up a new manufacturing plant in Maharashtra, allowing them to better serve local demand. This surge in activity highlights the competitive landscape and the strategic maneuvers taking place among key players such as Emerson, Mitsubishi, and Kaeser Kompressoren in the region.