In 2023, the import of parts for hydraulic turbines and water wheels to India stood at a certain volume. The forecast from 2024 to 2028 shows a declining trend, with volumes decreasing from 356.93 thousand kilograms in 2024 to 345.43 thousand kilograms in 2028. This represents an overall decrease over these five years. The year-on-year variation from 2024 onwards is negative, highlighting a consistent decline in imports.

Future Trends to Watch:

Monitor India's renewable energy projects that may influence the need for hydraulic turbine parts.
Keep an eye on government policies promoting domestic manufacturing, potentially impacting import volumes.
Technological advancements that could change the efficiency and demand for hydraulic turbines and water wheels.