What is the India Conveyor Belt Market Size?
According to ÂÌñÉç internal database and industry insights, The
India conveyor belt market reached
approximately USD 557 million in 2024 and is projected to
grow to USD 856 million by 2031, reflecting a
CAGR of 4.6%.
This growth is driven by infrastructure development, mining expansion, and automation in manufacturing and logistics sectors across India.
Key Growth Drivers of the India Conveyor Belt Market
- Rapid industrialization and infrastructure development under Make in India
- Rising automation in manufacturing, mining, logistics, ecommerce and airports
- Integration of IIoT, AI, and smart monitoring for efficiency and safety
- Product innovations like steel-cord and textile-reinforced belts
- Demand for eco-efficient, energy-saving belt systems amid sustainability goals
India Conveyor Belt Market Trends
The India conveyor belt market is witnessing a shift toward IoT-enabled and energy-efficient systems, with predictive maintenance reducing industrial downtime. The modular conveyors are trending in e-commerce and FMCG due to flexibility in layout usage. low-friction material and regenerative drives are demanded by green manufacturing. Mining, airports, and automotive sectors remain key users, while Tier II and III cities are emerging as strong growth zones.
Emerging Developments in the India Conveyor Belt Market
Emerging developments in the India conveyor belt market include the adoption of smart conveyor monitoring systems, real-time belt diagnostics, and AI-driven performance optimization. The manufacturers are trying to invest in the fire resistant, oil resistant and antibacterial conveyor belts to serve a variety of needs in the industry. Besides, the domestic manufacture of high-tech belt materials and a check-in on the digital twin technology are enhancing the dependability of activities. The innovation is also gaining pace in the sector with government support to domestic manufacturing under plans such as the Make in India.
Major Companies in the India Conveyor Belt Market
- Oriental Rubber Industries Pvt. Ltd.
- Somi Conveyor Beltings Ltd.
- Fenner Conveyor Belting Pvt Ltd
- Continental Belting Pvt. Ltd.
- Pentagon Rubber Private Limited
- Shriram Beltings India Pvt. Ltd.
- Mahajan Beltings Industrial Corporation
- Dynamic Rubbers Pvt Ltd.
- Jaytex International
- Ace Conveyor Solutions
Conveyor belt market size in India : FAQs
India conveyor belt market was valued at USD 557 million in 2024 and is expected to grow at a CAGR of 4.6%, reaching USD 856 million by 2031.
Mining, manufacturing, e-commerce warehousing, airports, and automotive sectors are primary end-users.
Automation trends, IIoT-led monitoring, modular designs, and green-energy systems are unlocking market potential.
High initial investment, raw material costs, and regional infrastructure limitations may act as restraints.
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