The growth of foundry industry is very important for : Inclusive growth Engineering sectors Overall economy of India
Railways Power sector Automobiles and Auto components Machine tools & Engineering industries Pumps, Compressors, Valves & Fittings Agro machinery Textile industry Engineering exports
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Approx 32% output of Foundry industry goes to the Auto industries and balance to other downstream engineering industries. Sales Automobiles Electrical Power Railway Export
As per Automotive Mission Plan (AMP) of 2006 to 2016 envisions 4 fold growth by 2016. It shows $35 billion industry to $128-$155 billion industry & employing about 24 millions by the end of 2016. This AMP plan will successfully drive demand of castings products from foundries in India.
% of productions 35 30 25 20 15 10 5 0
6 5 4 3
Non ferrous
2
Irons
1 0
Steel Total
Percentage
8
9
2 Iron
14
Steel 67
Non ferrous Ductile iron Other
Million MT Korea Brazil Japan Germany India Russia USA China 0
10
20
30
40
USD in Billions 25 20 15
10 5
0 2006-07
2008-09
2010-11
2012-13
2014-15
The casting foundries in India is the seventh largest in the world with the annual production of over 4.5 million units in 2015. In emerged as Asia’s fourth largest exporter behind Japan, Thailand & South Korea. Indian manufacturer have strong engineering base and expertise in the manufacturing of low cost components.
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