The forecast for the import of non-domestic machinery to India indicates a steady year-on-year increase from 2024 to 2028. Starting at 766.56 million USD in 2024, the import value shows a consistent rise, reaching 813.48 million USD by 2028. This suggests a modest yet positive growth trajectory for the sector. The annual growth rates reflect an incremental increase, with a compound annual growth rate (CAGR) expected over five years.

Future trends to watch for include:

Technological advancements driving demand for specialized non-domestic machinery.
Trade policies and economic factors affecting machinery imports.
Infrastructure and industrial expansion in India boosting machinery needs.