The import of lamp and lighting fitting parts excluding glass or plastic into India is poised to increase steadily from 2024 to 2028, with values rising from 30.238 million kilograms in 2024 to 36.411 million kilograms in 2028. This represents a consistent year-on-year growth, averaging an approximate 5% increase per annum. Compared to its 2023 baseline, this reflects a forecasted robust growth trajectory in the sector.
Future trends to watch for include:
- Technological advancements in lighting solutions that may influence component requirements.
- Trade policies and economic relations that could impact import volumes.
- The growing demand for energy-efficient and sustainable lighting solutions, potentially driving import trends.
