In 2023, the import of tyre cord fabric of high tenacity polyester yarn to India stood at an estimated volume not explicitly provided. Forecasted data shows a steady increase from 19.734 million kilograms in 2024 to 22.892 million kilograms by 2028. Year-on-year growth is evident with an average annual increase of approximately 3.7%, reflecting India's rising demand for high-performance materials in automotive industries.
Future trends to watch for include:
- Technological advancement in automotive manufacturing that may increase demand.
- Environmental regulations potentially affecting import volumes.
- Global market shifts influencing India's supply chain.
