The forecasted import of aircraft under-carriages and parts to India shows a consistent upward trend from 2024 to 2028, with values increasing from 79.27 thousand kilograms in 2024 to 95.93 thousand kilograms in 2028. The imports exhibited annual percentage growth rates as follows: 5.4% from 2024 to 2025, 5.0% from 2025 to 2026, 4.7% from 2026 to 2027, and 4.4% from 2027 to 2028. This represents a compound annual growth rate (CAGR) of approximately 5.0% over the five-year forecasted period.
Future trends to watch for include:
- Technological advancements and their impact on demand for aircraft parts.
- Government policies affecting imports in the aerospace sector.
- Global economic conditions and trade relationships influencing import levels.
- Growth of India's aviation sector and its effect on import requirements.
