Capital goods recovery underway — focus on Cummins India and Kirloskar Oil Engines

India’s capital goods sector is experiencing a strong recovery, fueled by rising demand and stable pricing post-regulatory changes. The genset segment, a key indicator, saw significant volume growth driven by data centers, manufacturing, and infrastructure. Companies like Cummins India and Kirloskar Oil Engines are poised for sustained expansion through new products and robust aftermarket services.

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