The import of machine tools to bend, fold, shear, or press metal not numerically controlled to India is forecasted to see a steady increase from 2024 to 2028. The values, expressed in million kilograms, show a gradual annual growth. Coming from a base standing in 2023, this growth trend reflects India's increasing demand for industrial machinery and tools used in metalworking. The year-on-year growth rates for 2024 to 2028 consistently reflect a single-digit percentage increase, indicating a healthy and stable expansion of imports in this sector.

Future trends to watch for:

Potential technological advancements that could influence non-numerically controlled machine tool imports.
Government policies affecting import duties which can impact cost and demand.
Emerging local manufacturers who may influence the domestic market balance.
Developments in related industries, such as construction and manufacturing, that could drive demand.