The forecast for India's imports of numerically controlled machine tools to bend, fold, shear, or press metal shows a steady upward trend from 2024 to 2028. In 2023, the import value stood at 1.115 million kilograms. From 2024 to 2025, there is an increase of 0.76%, followed by additional annual growth rates of around 0.73% to 0.71% through to 2028. Over the five-year span from 2024 to 2028, the forecasted compound annual growth rate (CAGR) is approximately 0.73%, indicating a consistent rise in imports.

Future trends to watch for:

Technological advancements in manufacturing could stimulate higher demand for precision and efficient tooling equipment, potentially increasing imports.
Economic and industrial policy changes, such as efforts to boost domestic production capabilities, might influence the import levels.
Global supply chain dynamics and trade relations will play a crucial role in shaping the forecasted trends.