Future Outlook of Electrical Equipment Stocks in 2025: Growth Potential and Impact on the Indian Stock Market

Expected Growth of Electrical Equipment Sector The electrical equipment industry in India is projected to reach $100 billion by 2025. (Source: AngelOne) The market is expected to grow at a CAGR of 3.45% from 2025 to 2029, with a total industry value of $8.6 billion in 2025. (Source: Statista) Government Initiatives and Budget Impact Union Budget 2025 has emphasized boosting domestic manufacturing through 'Make in India'. (Source: Groww) Capital expenditure target is ₹11.11 lakh crore, which may provide moderate benefits to infrastructure and manufacturing companies. (Source: Reuters) The government’s infrastructure push is expected to positively impact capital goods, including electrical equipment manufacturers.