From 2024 onwards, the forecast shows a continuous decrease in the import of wheeled bulldozers and angledozers to India, declining steadily from 1.3585 million kilograms in 2024 to 1.2104 million kilograms by 2028. This demonstrates a consistent year-on-year reduction of approximately 3% annually over these years.
The compound annual growth rate (CAGR) over this five-year period reflects the gradual and consistent decline in imports, potentially indicative of a growing emphasis on domestic production or reduced demand.
Future trends to watch for include technological advancements in construction machinery, fluctuations in domestic manufacturing capabilities, and infrastructural developments within India, which may alter import needs.
