Forecast: Import of Radio-Broadcast Receivers to India

In 2023, the import value of radio-broadcast receivers to India stood at a reference point before the projected growth through 2028. From 2024 to 2028, the imports are anticipated to rise steadily, growing year-on-year by approximately 3.16% in 2025, 3.00% in 2026, 2.86% in 2027, and 2.72% in 2028. The compound annual growth rate (CAGR) from 2024 to 2028 estimates an average annual increase of 2.93%.

Future trends to watch for include:

  • The influence of technological advancements in communication devices, potentially affecting the demand for traditional radio-broadcast receivers.
  • Trade policies and import regulations in India could also impact import values.
  • Consumer preferences shifting towards digital and multi-purpose devices.

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