As of 2023, the import value of self-propelled graders and levellers to India stood at an estimated level. Forecast data for 2024 to 2028 indicates a steady growth in imports, with values rising from 1.4 thousand in 2024 to 1.64 thousand by 2028. This represents a compound annual growth rate (CAGR) of approximately 3.8%. The year-on-year growth rates for the same period show gradual increases, reflecting consistent demand.
Key trends to monitor going forward include:
- Infrastructure development initiatives in India driving increased imports.
- Potential fluctuations due to policy changes or advancements in domestic production capacity.
- Technological advancements in grader and leveller equipment.