Foundry Market In India 2020

-

Foundry Market in India 2017 highlights the overall growth potential of foundry market in India. Increasing production of light vehicles worldwide is acting as a key growth driver for the global foundry market. The Indian foundry industry is a major feeder to various sectors, among which the automobile sector accounts for the largest share. India is the second largest manufacturer of metal castings globally in terms of production volume, after China, producing various metals such as grey iron, ductile iron, steel and aluminum alloys for various applications.



India currently has over 4,500 foundries in the small, medium and large scale sectors with around 1500 units having international quality accreditation. The market is set to expand predominantly owing to growing automobile production, growth in end-user segments, strong growth in the MSME sector complimented with the availability of low cost labor, improved technology and production facility upgradation. Expansion of infrastructure by the Indian Government is expected to generate demand for a wide variety of machinery and equipment such as cranes, fans, motors, appliances, pumps, conveyor equipment etc. for their processes which, in turn, will create fresh demand for metal casting industry.

For more inquiry contact our sales team at contact@aarkstore.com

Related Reports:

Global Foundry Binder Market Research Report 2017

Global Foundry Equipments Market Research Report 2017

Diagnostic Imaging Market Forecast 2017-2021: A Market in Transition Amid Regulatory Uncertainty and Intensifying Competition--X-ray, Ultrasound, MRI, CT, Nuclear Medicine, PET, PACS

Cognitive Security Market in IT & Telecommunication – Global Drivers, Restraints, Opportunities, Trends, and Forecasts up to 2023

Contact Details:

Aarkstore Enterprise
Phone: +91 - 22 2756 4963
24/7 Online Support: +91 9987295242
Email: enquiry@aarkstore.com
Our website: http://www.aarkstore.com
Our blog: http://www.aarkstore.com/blog/



Comments

Post a Comment

Popular posts from this blog

India travels across!

-
Image
Tourism is a cultural and provisional base for any nation. India is democratic and has shown enormous growth trends in outbound tourism. Prevailing estimation proposes that India has moved up becoming the 8th largest outbound travel market destination of the world. India outbound tourism market has risen considerably in recent years, giving tremendous profits to tours and travel companies abroad. CULMINATION According to the research of India Travel and Tourism market , most of the major players of tourism business over the globe are looking to invest in the expenses of India's population. Thus, capitalizing the overall annual growth with outbound meetings, incentives, conferences, and exhibitions. The recent estimated value of India's travel business has reached a whopping 95-billion-dollar extension with the major push being the US. This data was released and evaluated greatly in compliance with the travel and tourism market reports from
Read more

A detailed SWOT report on A.P. Moller – Maersk

-
Image
A.P. Moller - Maersk AS (MAERSK B) - Financial and Strategic SWOT Analysis The review provides you an in-depth strategic SWOT analysis of the company’s businesses and operations. The profile has been compiled to bring to you a clear and an unbiased view of the company’s key strengths and weaknesses and the potential opportunities and threats. The profile helps you formulate strategies that augment your business by enabling you to understand your partners, customers, and competitors better. The profile contains critical company information including: ·         Business description – A detailed description of the company’s operations and business divisions. ·         Corporate strategy – Analyst’s summarization of the company’s business strategy. ·         SWOT Analysis – A detailed analysis of the company’s strengths, weakness, opportunities, and threats. ·         Company history – Progression of key events associated with the company. ·         Major prod
Read more

Examining Closed-circuit TVs

-
Image
India overall CCTV Market is expected to register a CAGR of more than 12% in forecasted period 2018-2023. CTV Camera is the dominant Segment in CCTV Market followed by the video recorder. The market is driven by the increased acceptance of IP based technology over non-IP. Currently, the market is driven by traditional non-IP technology. It is expected the market will drive by IP Based technology in the forecast period. Non-IP CCTV camera market contributes more than 60% market share in 2017. Dome type CCTV Camera highly preferable in India CCTV Market. In terms of the Video recorder, DVR is high acceptance in India CCTV Market followed by NVR/HVR. Network video recorder (NVR) is gaining ground in video recorder segment as CCTV Market is shifting from Non-IP to IP based technology. It is expected the NVR will overtake the DVR in the forecasted period. The Key players operate in CCTV Market includes CP Plus, Dahua, Hikvision, Axis Communic
Read more