The import of machines for mixing mineral substances with bitumen to India is projected to decline significantly from 2024 to 2028. In 2023, the import value was higher than the 2024 projection. Year-on-year forecast data indicates a steep decline of 23.8% in 2025, followed by further reductions of 30.6% in 2026, 43.2% in 2027, and 74.4% in 2028. This trend translates into a compound annual growth rate (CAGR) of -58.7% over the five years from 2024 to 2028, suggesting a marked decrease in imports.
Future trends to watch for include potential shifts in infrastructure policies, technological advancements, or increased domestic production capabilities, all of which could further impact import levels of these machines in India.
