The import of non-automatic electric resistance welding equipment to India is projected to grow from USD 12.122 million in 2024 to USD 12.528 million by 2028. This forecast indicates a steady increase, highlighting a year-on-year growth as follows: approximately 0.87% from 2024 to 2025, 0.83% from 2025 to 2026, 0.82% from 2026 to 2027, and 0.79% from 2027 to 2028. The compound annual growth rate (CAGR) over this five-year period is around 0.83%.

Future trends to watch for include:

Technological advancements in welding equipment that might influence the import volumes.
Domestic policy changes that could impact import tariffs and duties.
Shifts in the manufacturing industry that could drive demand fluctuations.
The global supply chain dynamics affecting availability and cost of importing such equipment.