The import of non-powered trucks with lifting or handling equipment to India is expected to increase steadily from 30.414 million kilograms in 2024 to 36.114 million kilograms in 2028. This represents a consistent growth trend with a compound annual growth rate (CAGR) of approximately 4.3% over the five-year forecast period. Comparing year-on-year data, the rate increases by around 4.8% from 2024 to 2025 and by about 4.5% from 2025 to 2026, continuing in a similar range through 2028.
Future trends to watch include technological advancements in lifting and handling equipment, which may increase demand even further if new models prove significantly more efficient or versatile. Additionally, changes in regulations or trade agreements could impact import volumes, either boosting growth or presenting new challenges.
