Forecast: Import of Diesel Powered Trucks Weighing 5-20 Tonnes to India

The import of diesel-powered trucks weighing 5-20 tonnes to India is forecasted to steadily increase from 2024 to 2028. The year-on-year forecast indicates a consistent upward trend, with an average growth rate of approximately 4% annually. In 2023, the imports stood lower than the predicted values for the coming years, indicating positive momentum in demand.

Looking ahead, factors to watch for include:

  • Shifts in regulatory policies affecting diesel vehicles.
  • Adoption of alternative fuel sources, potentially impacting diesel truck demand.
  • Infrastructure developments influencing logistics and transportation needs.

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