The import of fixed-wing aircraft to India of an unladen weight exceeding 15,000 kg shows a steady upward trend. Forecasts suggest a value increase from 1.83 million kg in 2024 to 2.10 million kg by 2028. In 2023, the import volume stood at approximately 1.76 million kg, indicating consistent growth in demand. The year-on-year variation reflects a stable percentage increase between 3.8% - 3.3% annually for the forecasted years. The five-year CAGR suggests a moderate growth rate.
Future trends to watch for include technological advancements in aviation, evolving regulatory frameworks, and India's strategic focus on strengthening its aerospace capabilities, which may further stimulate imports.
