Forecast: Import of Hand Pumps Not Designed To Measure Flow to India

In 2023, the import of hand pumps not designed to measure flow to India was USD 3.65 million, making the forecasted figures for 2024 to 2028 show a progressive increase. This indicates a steady growth trend in imports over the five-year period, with figures rising from USD 3.82 million in 2024 to USD 4.52 million in 2028. The year-on-year variations demonstrate consistent growth with a CAGR of approximately 4.3% for this period, showing a positive demand trajectory.

Future trends to watch:

  • Increasing demand in rural and semi-urban areas due to water scarcity and infrastructure development efforts.
  • Technological advancements in hand pump efficiency may influence import volumes.
  • Potential policy changes concerning water management solutions and their impact on import dynamics.

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