In 2024, imports of reciprocating spark ignition engines with a cylinder capacity exceeding 1000 cc to India are projected to reach 30.84 million kilograms. This reflects a year-on-year growth from the actual 2023 figure of 29.7 million kilograms. Forecasts for subsequent years show a steady increase: 32.014 million kilograms in 2025, 33.165 million kilograms in 2026, 34.292 million kilograms in 2027, and 35.397 million kilograms in 2028. This marks a CAGR of 3.48% over the five-year period, indicating a consistent upward trend in imports.

Future trends to watch for:

Potential advancements in domestic manufacturing capabilities and technology.
Policy changes affecting the import regulations and tariffs.
Fluctuations in global automotive demand and supply chain dynamics.
Increasing focus on electric vehicles which may impact long-term demand for traditional engines.