In 2023, India's import of transmission or conveyor belts or belting of textile stood at 6.4 million kilograms. The forecast from 2024 to 2028 shows a steady upward trend, with imports expected to reach approximately 8 million kilograms by 2028. The year-on-year growth from 2024 to 2028 is consistent, showing an average annual increase of around 0.8%.
Key considerations for future trends include:
- Increased automation in industries leading to higher demand for conveyor systems.
- Potential trade agreements affecting import volumes.
- Technological advancements resulting in more efficient or alternative materials reducing the reliance on textile-based belts.