The import of not sorted used or new rags textile material to India is expected to increase steadily from 2024 to 2028, with projections showing growth from 339.02 million kilograms in 2024 to 390.63 million kilograms by 2028. Compared to 2023, the forecast signifies a consistent upward trend, indicating a continuous demand. The year-on-year increase suggests a healthy growth rate, with the imports rising annually by approximately 3% to 4%. This trend highlights India's growing reliance on imported textile materials.
Future trends to watch for include:
- Potential changes in international trade policies affecting textile imports.
- The impact of technological advancements in textile recycling and their influence on import volumes.
- Shifts in domestic demand patterns for used and new rags in the Indian market.
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