The import of electric fans with an output exceeding 125 watts to India showed steady growth in the forecasted years from 2024 to 2028, starting at 17.502 million in 2024 and reaching 20.495 million by 2028. In terms of year-on-year growth, this data indicates incremental increases in import values, reflecting a consistent demand for these products.
Considering the outlook, several trends should be closely monitored:
- Technological advancements in energy-efficient and smart fans could drive further demand.
- Global trade policies and tariffs changes impacting costs and import strategies.
- Shifts in consumer preferences towards premium or green products.