In 2023, the imports of AC generators with an output of 75-375 kVA to India stood at a present year value, setting the baseline for future comparisons. The forecasted data for 2024 shows a value of 14.87 million USD. Year-on-year, the expected growth is as follows: 5.74% in 2025, 5.34% in 2026, 4.97% in 2027, and 4.64% in 2028. These growth percentages reflect a trend of consistent increase in imports over the period.
Key points to watch for in the future include:
- Supply chain disruptions that may affect imports and costs.
- Government policies on renewable energy impacting demand for traditional generators.
- Technological advancements in power generation.