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India's Internal Combustion Engine Market Booms in 2024

India's internal combustion engine market saw a significant boost in 2024, with both imports and exports increasing substantially. While China, Japan, and Germany were key players in the import scene, Germany also dominated India's export market for these engines.

Here we can see engine parts of a vehicle and some other parts. In the background there is a car.
Here we can see engine parts of a vehicle and some other parts. In the background there is a car.

India's Internal Combustion Engine Market Booms in 2024

India's internal combustion engine equipment market witnessed significant shifts in 2024. China, Japan, and Germany led the imports of india news, while India's exports surged, with Germany being the primary destination. In 2024, India's imports of internal combustion engine equipment reached X units, a X% increase from the previous year. The total value of these imports stood at $X. China, Japan, and Germany were the main suppliers, together accounting for X% of the total imports. The consumption of these engines peaked at $X in the same year. On the export front, India's exports of internal combustion engine equipment increased by X% to X units. The average export price per unit was $X. Germany emerged as the primary destination for these exports, accounting for a X% share of the total exports. The value of India's exports in this sector skyrocketed to $X in 2024. Meanwhile, the production of internal combustion engine equipment in India amounted to $X in the same year. The Indian internal combustion engine equipment market saw a significant boost in 2024, with both imports and exports increasing substantially. While China, Japan, and Germany were key players in the import scene, Germany also dominated India's export market for these engines. The market's sales value increased by X% to $X, reflecting a robust growth in this sector.

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