Forecast: Import of Textile Yarn Doubling or Twisting Machines to India

The import of textile yarn doubling or twisting machines to India is projected to see a steady increase from 2024 to 2028, starting at 893.98 thousand kilograms in 2024 and reaching 933.52 thousand kilograms by 2028. This reflects a year-on-year growth of approximately 1% to 1.1%. Based on a compound annual growth rate (CAGR), the expected average growth per year over the five-year period is close to 1.1%.

In 2023, the volume stood at approximately 885 thousand kilograms. Since the data projects a consistent increase, the trend is positive yet moderate, suggesting a stable demand for these machines.

Future trends to watch include:

• Technological advancements in textile machinery that could affect import patterns.
• Policy changes in India impacting the textile industry and import tariffs.
• Global supply chain dynamics post-pandemic potentially influencing availability and pricing.