The import of stranded wire, cables, and plaited bands of copper not electrically insulated to India in 2024 is forecasted to be 2.7051 million kilograms. The data indicates a steady growth trend with a consistent increase each year, reaching 3.151 million kilograms by 2028. The expected year-on-year growth from 2024 to 2025 is approximately 4.24%, with similar growth rates continuing in the following years. The compound annual growth rate (CAGR) over this period stands at about 3.88%, showcasing a positive upward trajectory for these copper imports.

Future trends to watch for include:

The impact of domestic copper production and government policies on import levels.
Technological advancements reducing the need for traditional copper imports.
Global market price fluctuations impacting import volumes and value.