In 2023, India imported 64.560 million kilograms of parts for radio and TV transmission, receive equipment. Forecast data shows a steady growth trajectory from 2024 to 2028, starting at 66.071 million kilograms and reaching 72.091 million kilograms. This indicates a year-on-year growth of approximately 2.35% to 2.48%. The compound annual growth rate (CAGR) over the next five years is expected to average around 2.54% annually.

Future trends to watch for:

Technological advances in broadcasting may increase demand for newer parts.
India’s growing media and entertainment sector could drive further import growth.
Global supply chain disruptions may affect import volumes and timing.