Hi @Amreet_Gill, thanks for the question. The answer is maybe in the future, but it would have a low priority over some of the other updates we are working on, and even if we did have this as an element right now, that you could drop into the page, the browser support is extremely limited (currently not available in Firefox, IE or Safari, but dev work ongoing), so it might not be that useful. You can get responsive images now with the current feature set in Webflow, using CSS.
Cheers, Dave