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The market overview section begins with an insight into the global foundry market, including the top ten casting producers and their average production per plant. India was the fastest growing top-ten nation in 2009, increasing its casting tonnage by 9% over 2008. Change in the regional production of the global foundry market has also been added. This is followed by an overview of the Indian foundry market, growth of its casting production and segmentation of castings. Foundry market has been growing consistently in India, with grey iron castings accounting for the biggest share of total castings produced. An overview of the foundry units in India along with their segmentation is also included. Foundry units are mostly concentrated in the small units sector. Sector wise consumption of castings shows the various sectors where castings are largely consumed. Additionally, an analysis of Porter’s Five Forces provides an insight into the competitive intensity and attractiveness of the market.
This is followed by a section on foundry clusters, which includes a brief overview of foundry clusters and the Foundry Cluster Development Association, along with their distribution across India. A detailed profile including an overview and share of casting application is also provided for five major clusters, including Belgaum, Batala and Jalandhar, Coimbatore, Kolhapur and Rajkot.
Exports and imports of this sector have been highlighted, which throws light on the casting products that are traded internationally. This section includes the growth in their total export-import value and their country-wise segmentation.
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Market Research Report : Foundry Market in India 2012
1. FOR IMMEDIATE RELEASE
Increasing demand from automobile sector to drive Foundry Market in India, finds Netscribes
Netscribes (India) Pvt. Ltd. launches a report on the Foundry Market in India 2012 as part of Netscribes’
Manufacturing Industry Series.
Mumbai, India – January 24, 2012 – Netscribes (India) Pvt. Ltd., a knowledge consulting solutions
company, announces the launch of its report Foundry Market in India 2012. Foundry refers to a factory
that produces metal castings and India was the second largest producer of castings in the world in 2009.
Foundry industry is a major feeder to various other sectors, automobile sector accounting for the largest
share. Due to growing demand from the automobile and engineering sectors coupled with India’s rapidly
growing economy, the foundry market is expected to grow strongly in the near future.
The report begins with an introduction to foundries and their process flow. The foundry process flow
broadly comprises of three stages including melting, casting and finishing. The various types of casting
processes used in the foundry industry are also provided.
The report begins with an introduction to foundries and their process flow. The foundry process flow
broadly comprises of three stages including melting, casting and finishing. The various types of casting
processes used in the foundry industry are also provided.
The market overview section begins with an insight into the global foundry market, including the top ten
casting producers and their average production per plant. India was the fastest growing top-ten nation in
2009, increasing its casting tonnage by 9% over 2008. Change in the regional production of the global
foundry market has also been added. This is followed by an overview of the Indian foundry market,
growth of its casting production and segmentation of castings. Foundry market has been growing
consistently in India, with grey iron castings accounting for the biggest share of total castings produced.
An overview of the foundry units in India along with their segmentation is also included. Foundry units are
mostly concentrated in the small units sector. Sector wise consumption of castings shows the various
sectors where castings are largely consumed. Additionally, an analysis of Porter’s Five Forces provides an
insight into the competitive intensity and attractiveness of the market.
This is followed by a section on foundry clusters, which includes a brief overview of foundry clusters and
the Foundry Cluster Development Association, along with their distribution across India. A detailed profile
including an overview and share of casting application is also provided for five major clusters, including
Belgaum, Batala and Jalandhar, Coimbatore, Kolhapur and Rajkot.
Exports and imports of this sector have been highlighted, which throws light on the casting products that
are traded internationally. This section includes the growth in their total export-import value and their
country-wise segmentation.
An analysis of the drivers and challenges explains the factors leading to the growth of the market including
increasing demand from automobile sector, strong economic growth, supportive government participation,
low cost of labour and improving technology and modernization. Strong opportunity exists in the market
as increasing demand for castings will drive the production of such products. This coupled with the fact
that the Indian economy is growing strongly will lead to a developing market. Additionally, improving
production technology and government support will help to stimulate growth in this market. The key
challenges identified are market constraints, rising input costs and low capacity utilization. Restriction to
2. local markets and infrastructure constraints deters the growth of this market. Fluctuating input costs and
supply and low capacity utilization also acts as a major bottleneck.
The competition section provides an overview of the competitive landscape in the industry and includes a
detailed profile of the major players in the market. A bubble chart for the public companies, depicting their
relative positions in the market with respect to total income, net profit/loss and market capitalization is
included. Similarly, a bubble chart for the private players is also included with respect to their total
income, net profit/loss and total assets. This section also includes list of products and services, key people,
financial snapshot, key ratios and key recent developments for all companies, along with key business
segments and key geographic segments for public companies.
The future outlook section provides an insight into the future prospects of the foundry industry and the
execution of the Vision Plan 2020 by The Institute of Indian Foundrymen. This section includes the need
for the plan, project plan and total investment, impact of the plan and interventions. The report concludes
with a section on strategic recommendations which comprises of an analysis of the growth strategies of the
foundry market in India.
For more details on the content of each report and ordering information please contact:
Gaurav Kumar
Tel: +91 33 4064 6214
Email: gaurav.kumar@netscribes.com
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