In 2023, the import value of reciprocating spark ignition engines with a cylinder capacity of 50-250 cc to India stood at approximately $1.1865 million. The forecast data from 2024 to 2028 suggests a steady growth trend, with year-on-year increases ranging from 1.99% to 1.77%, reflecting moderate but consistent growth. The compound annual growth rate (CAGR) over these five years is projected to be around 1.83%, indicating a stable expansion in demand.

Future trends to watch include:

The increasing demand for compact vehicles in India, which could drive higher imports.
Technological advancements leading to more efficient engines, sparking more consumer interest.
Regulatory changes affecting import policies or environmental standards.
Exchange rate fluctuations impacting import costs.