Following changes in emission norms, Cummins India is benefitting from a broadbased demand revival in the generator segment, with demand mainly coming from sectors like real estate, manufacturing, hospitals, and, above all, data centres.
Early product launches and reliable aftermarket support make the company a market leader. Central Pollution Control Board (CPCB)-IV+ volumes are at 80-85 per cent of CPCB-II levels, and prices have held firm. Most projections suggest mid-teens annual revenue and net profit growth rates, or better, until 2027-28 (FY28).
Domestic demand is expected to remain healthy, with a focus on high-horsepower (HHP) products. India is adding 200-300

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