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TechNavio's analysts forecast the Gear Manufacturing market in India to grow at a CAGR of 9.44 percent over the period 2012-2016. One of the key factors contributing to this market growth is the rapid infrastructure development across various states of India. The Gear Manufacturing market in India has also been witnessing an increased outsourcing of manufacturing activities. However, the increase in capital expenditure for vendors could pose a challenge to the growth of this market.