The forecast for the import of rotary positive displacement pumps to India suggests a consistent upward trajectory from 2024 to 2028. In 2023, the imports were at 2.43 million. The year-on-year increase is steady, with a growth rate of approximately 4.9% in 2025, 4.6% in 2026, 4.3% in 2027, and 4.1% in 2028. The compound annual growth rate (CAGR) over the 5-year span from 2024 to 2028 is projected to be about 4.5%.
Future trends to watch for include:
- Technological advancements in pump efficiency and energy use.
- Policy changes affecting import tariffs and trade regulations.
- Growing demand in industrial sectors such as manufacturing, water treatment, and oil & gas.
- Impact of domestic production capabilities on import levels.