The export of Radio and Radio-Telephony Receivers from India is forecasted to grow steadily from 2024 to 2028. The actual value stood at 45.23 million USD in 2023. Year-on-year variations show a consistent increase, starting with a 5.21% growth in 2024, followed by 5.01% in 2025, 4.68% in 2026, 4.38% in 2027, and 4.11% in 2028. The compound annual growth rate (CAGR) over the forecasted five-year period is 4.67%, indicating a stable upward trend.
Future trends to watch for include:
- Technological advancements in radio and telephony that could boost exports.
- Government policies and trade agreements impacting international trade.
- Market demand and competition from other countries in the technology sector.
