In 2023, India imported gas turbine engines with a power not exceeding 5000 kW valued at approximately 48.8 thousand kilograms. Forecast data from 2024 to 2028 indicate a steady increase, with projections rising from 51.64 to 63.06 thousand kilograms. This represents a compound annual growth rate (CAGR) of around 5.1%, reflecting consistent growth in imports. The year-on-year increases from 2024 to 2028 average approximately 4.2%, demonstrating a positive trend in the need and reliance on these engines.

Future trends to watch for include:

Technological advancements improving turbine efficiency and demand.
Policy changes impacting import tariffs or incentives for domestic manufacturing.
Fluctuations in industrial growth enhancing energy needs.