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Growth Survery of Casting Foundries in India

Casting foundries in India are compared by the percent of sales generated from new opportunities. Foundries are exporting more and are growing into new markets slightly more.

RajeshThummar
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Growth Survery of Casting Foundries in India

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  1.  The growth of foundry industry is very important for :  Inclusive growth  Engineering sectors  Overall economy of India

  2.  Railways  Power sector  Automobiles and Auto components  Machine tools & Engineering industries  Pumps, Compressors, Valves & Fittings  Agro machinery  Textile industry  Engineering exports

  3.  Approx 32% output of Foundry industry goes to the Auto industries and balance to other downstream engineering industries. Sales Automobiles Electrical Power Railway Export

  4.  As per Automotive Mission Plan (AMP) of 2006 to 2016 envisions 4 fold growthby 2016.  It shows $35 billion industry to $128-$155 billion industry & employing about 24 millionsby the end of 2016.  This AMP plan will successfully drive demand of castings products from foundries in India.

  5. % of productions 35 30 25 20 15 10 5 0

  6. 6 5 4 3 Non ferrous Irons 2 Steel 1 Total 0

  7. Percentage 2 9 8 Iron 14 Steel Non ferrous 67 Ductile iron Other

  8. Million MT Korea Brazil Japan Germany India Russia USA China 0 10 20 30 40

  9. USD in Billions 25 20 15 10 5 0 2006-07 2008-09 2010-11 2012-13 2014-15

  10.  The casting foundries in India is the seventh largest in the world with the annual production of over 4.5million units in 2015.  In emerged as Asia’s fourth largest exporter behindJapan,Thailand &South Korea.  Indian manufacturer have strong engineering base and expertise in the manufacturing of lowcost components.

  11. Regd. Office : 1708 / 1709, G I D C –II, Dolatpara, Junagadh–362 037. Phone : +91-285 2660113 Fax: +91-285-2661314 E-mail: info@castechindia.com Web: castings.castechindia.com/contacts.html

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