The import of radiators and parts thereof, made of iron or steel excluding cast, to India is forecasted to steadily increase from 2024 to 2028. The year-on-year growth is modest, suggesting a consistent demand in the country. In 2023, the imports stood at a certain baseline value, from which the forecasted growth starts. Over the forecast period, the cumulative average growth rate (CAGR) suggests an incremental rise reflecting stable economic and industrial growth.

Future trends to watch for include:

Potential impacts of global steel prices on import costs.
Shifts in Indian regulatory policies affecting imports.
Technological advancements in radiator manufacturing globally influencing demand.