In 2023, the actual import volume of self-propelled graders and levellers to India was lower than the forecasted value for 2024, which stands at 19.07 million kilograms. The data from 2024 to 2028 indicates a steady increase in import volume, with a compound annual growth rate (CAGR) reflecting consistent growth over this period. By 2028, the forecast reaches 22.642 million kilograms, showcasing a positive trend.

Year-on-year variations indicate around a 4% growth rate from 2024 onwards, highlighting a gradual but steady upward trend. Between 2027 and 2028, this growth slightly slows to about 3.97%.

Future trends to watch for:

Infrastructure development in India driving demand for construction machinery.
Potential policy changes influencing machinery import tariffs and affecting import volumes.
Technological advancements leading to shifts in preference for more efficient machinery models.