The import of shuttle type power looms for weaving fabric exceeding 30 cm into India is forecasted to decline steadily from 2024 to 2028. Starting at 3.3478 million USD in 2024, it is expected to decrease to 2.732 million USD in 2028. This represents a compound annual growth rate (CAGR) decline of approximately 5% over this period. From 2024 onwards, the year-on-year variation is increasingly negative, reflecting a clear downward trend in the import value.
Future trends to watch include technological advancements in domestic manufacturing capabilities, shifts in global trade policies, and changes in demand for wide-width fabrics in India. The textile industry's transition towards more sustainable and efficient alternatives might also affect shuttle loom imports in the coming years.
