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UPS and inverter manufacturing is gaining momentum in India. A Frost & Sullivan report indicates that the Indian UPS market will grow at the rate of 13.4 per cent annually to reach a market size of US$ 1316.5 million by 2014. Hence, the future of the UPS and inverter players seems promising over the next five years, as the products would find applications in varied industries ranging from IT, ITeS and manufacturing, to hospitality, medical establishments, retail and a host of others.
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