In 2023, the import value of tyre cord fabric made of high tenacity viscose rayon yarn to India stood at approximately $0.987 million. Forecasts predict a gradual increase in imports, with values rising to $1.005 million in 2024, $1.0235 million in 2025, and continuing to reach $1.0767 million by 2028. Year-on-year growth remains steady, with an average Compound Annual Growth Rate (CAGR) of around 1.75% over the five-year forecast period from 2024 to 2028.

Future trends to watch for include:

Potential shifts in global supply chains impacting import volumes.
Changes in domestic demand within India, influenced by automotive industry expansions or contractions.
Possible influence of trade policies on import dynamics and pricing.