Forecast: Import of Surface Grinders Not Numerically Controlled to India

In 2023, the import value of non-numerically controlled surface grinders to India stood at an undisclosed baseline, from which a forecast of steady year-on-year growth is anticipated. The increment in value from 2024 through 2028 demonstrates a consistent upward trajectory. The annual growth rate begins at approximately 2.22% between 2024 and 2025, rising to around 1.95% by 2028. This steady increase reflects a strong and growing demand for these machines in the Indian market.

Future trends to watch for:

  • The impact of technological advancements in manufacturing might affect the demand for conventional grinders.
  • Government policies on import duties could influence future import values.
  • The integration of Industry 4.0 technologies could spur a shift towards numerically controlled alternatives.

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