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The Indian hospitality is considered to be one of the best in the world which is why the Indian hotel industry has been a booming over the last decade. Although the industry experienced a jolt during the Covid-19 pandemic but since then it has now recovered and will continue to grow in the next coming years. According to a recent estimation, the Indian hotel industry which is currently at USD 24.61 billion will reach to USD 31.01 by the year 2029.

In 1995, the per capita income of India was at $ 500 while in 2023 it reached at $ 2500 and is estimated to reach the $500 level by 2030. As they say health is wealth and that is why we are here today to discuss about the best health care stocks in India to invest with the rise in the purchasing power of the Indian people. Know in detail about top healthcare stocks in India

The market growth for ring main units can be attributed to the increasing capacity additions and enhancement plans for distribution networks and modernization of existing power infrastructure. A ring main unit is considered as an all-in-one solution that is easy to install and maintenance-free. Various industries are witnessing a general shift toward the adoption of ring main units as it enhances the uptime and reliability of power supply. It can also be fitted or integrated with intelligent electronic devices. Due to its smart capabilities, it is highly demanded in the market. In addition, the global focus on renewable power generation is expected to present numerous growth opportunities for the growth of the ring main unit market.