The forecast for the import of aircraft under-carriages and parts to India from 2024 to 2028 demonstrates a steady upward trend. The import value is projected to increase from 62.285 million USD in 2024 to 75.655 million USD in 2028. This denotes a consistent annual growth trajectory. Compared to 2023, where the actual imports stood lower, this data implies an optimistic economic outlook for the sector, supported by an average CAGR. The year-on-year growth shows increasing momentum, providing a stable landscape for stakeholders.

Future trends to watch for include:

The broader impact of India's economic and industrial policies on aerospace imports.
Potential shifts in global supply chains affecting import patterns.
Advancements in domestic manufacturing that could reduce import dependency.
Geopolitical factors that might influence trade agreements and tariffs.