The import of knit or crochet fabric of cotton to India is projected to see notable growth over the next few years. Starting from 15.316 million kilograms in 2024, the forecast indicates an increase to 18.392 million kilograms by 2028. This reflects a steady year-on-year growth rate, with the volume expected to increase by approximately 5% annually. In 2023, the volume was recorded at 14.7 million kilograms, highlighting a consistent upward trend.
Future trends to watch for include:
- Potential impacts of trade policies and tariff changes on fabric imports.
- Innovations in fabric technology which may affect demand patterns.
- Changes in global cotton prices, which could influence import decisions.
- Shifts in consumer preferences towards sustainable and eco-friendly fabrics.
