India Lubricants Market: Growth in Automotive Industry to boost the Market growth

India Lubricants Market size was valued at USD 2.70 Bn Liters in 2023 and the India Lubricants Market revenue is expected to reach USD 3.86 Bn Liters by 2030, at a CAGR of 5.24 % over the forecast period.

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India Lubricants Market: Growth in Automotive Industry to boost the Market growth

India Lubricants Market size was valued at USD 2.70 Bn Liters in 2023 and the India Lubricants Market revenue is expected to reach USD 3.86 Bn Liters by 2030, at a CAGR of 5.24 % over the forecast period. India Lubricants Market Overview Lubricants are substances, in the form of oils or greases, designed to reduce friction, heat, and wear between moving parts of machinery or equipment. They play a crucial role in various industries and applications where surfaces come into contact and need protection. Lubricants are essential in maintaining the efficiency, reliability, and longevity of machinery across various industries, including automotive, manufacturing, aerospace, and energy.

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