In 2023, the import of flat knitting machines and stitch-bonding machines to India stood at 4.2346 million kilograms. From 2024 to 2028, there is a steady forecasted increase in imports, reaching 4.4558 million kilograms by 2028. The year-on-year variation shows a consistent growth pattern, with each year experiencing a gradual increase.
Future Trends to Watch For:
- Potential impact of technological advancements in local manufacturing capabilities.
- Trade policy changes and their implications on import dynamics.
- Fluctuations in demand driven by textile industry trends.