In 2023, the import volume of new pneumatic tyres of rubber for aircraft in India stood at approximately 874.52 thousand kilograms. Forecast data for 2024 through 2028 indicates a steady growth trend, with volumes expected to increase from 891.04 to 954.11 thousand kilograms. The year-on-year growth rates are modest, reflecting heightened maintenance and fleet expansion within India's aviation sector but remaining conservative.
Future trends to watch for include:
- India's growing aviation market as new airlines emerge and existing fleets expand.
- Technological advancements in tyre manufacturing that may affect import volumes.
- Potential impact of global economic conditions on aviation demands and budgets.