The import of motor vehicle mountings and fittings of base metal to India is predicted to rise steadily from 2024 to 2028, starting at 7.464 million kilograms in 2024 and reaching 8.331 million kilograms in 2028, showing a consistent upward trend. A year-on-year percentage increase shows moderate growth—3% from 2024 to 2025, then slightly decreasing to around 2.85% annually thereafter. The compound annual growth rate (CAGR) for this period from 2024 to 2028 is approximately 2.78%.
Future trends to watch include:
- Technological advancements in automotive design which may alter mounting and fitting requirements.
- Economic policies and trade agreements affecting import volumes and supplier markets.
