Foundry Market in India 2017

The latest market research report titled 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.

Medium capacity utilization and high input costs of the foundry industry are the basic challenges that are affecting its growth adversely. However, India has witnessed a steep rise in export of casting products during 2013 to 2016. The figures are expected to rise further with the launch of Vision Plan 2020 for the foundry industry, initiated by The Institute of Indian Foundrymen (IIF) to recommend the needed initiatives for strong growth and help India emerge as a leading supplier of quality castings to the global market by 2020.

Overview of global Foundry Market, top casting producing countries (2015), product-wise segmentation of global foundry market (2015), top 10 casting producing countries production per plant comparison (2014-2015)
Overview of Foundry Market in India and forecasted market size data in terms of volume over FY 2012 to FY 2022e
Overview of sector-wise consumption of castings in India (FY 2016)
Overview of major foundry clusters in India
Export and import scenario
Qualitative and quantitative analysis of the major drivers and challenges affecting the market
Analysis of the competitive landscape and detailed profiles of major public and private players
Benefits and prospects of the India Foundry Mission Vision Plan 2020

Why Buy:
Get an in-depth understanding of Global and Indian Foundry Market with focus on market overview, size and growth, product-wise segmentation (global), sector-wise consumption, production type-wise segmentation, major domestic clusters for production, export-import scenario
Strategize marketing, market-entry, market expansion, and other business plans by understanding factors influencing growth in the market
Be informed about the major domestic players in the foundry market sector and their contribution to the business
Understand major competitors’ business, market dynamics, and respond accordingly

Chapter 1: Executive summary

Chapter 2: Socio-economic indicators

Chapter 3: Introduction

3.1. Foundry market definition
3.2. Foundry process flow
3.3. Types of casting process - overview

Chapter 4: Global foundry market
4.1. Market overview
4.2. Top casting producing countries - volume-wise (2017)
4.3. Top 10 casting producing countries - per plant comparison; volume-wise (2016 and 2017)
4.4. Top gray iron producing countries (2018)
4.5. Top ductile iron producing countries (2018)
4.6. Top malleable iron producing countries (2018)
4.7. Top steel producing countries (2018)
4.8. Product-wise market segmentation (2017)
4.8.1. Gray iron
4.8.2. Ductile iron
4.8.3. Malleable iron
4.8.4. Steel
4.8.5. Copper base
4.8.6. Aluminum
4.8.7. Others

Chapter 5: Foundry market in India
5.1. Market overview
5.2. Production of castings in India and growth forecast – volume-wise (2018-2023e)
5.3. Overview of major foundry clusters in India

Chapter 6: Foundry market in India – segmentation
6.1. Production of castings - volume-wise segmentation (2017)
6.1.1. Gray Iron
6.1.2. Gray iron
6.1.3. Ductile iron
6.1.4. Malleable iron
6.1.5. Steel
6.1.6. Copper base
6.1.7. Aluminum
6.1.8. Others

6.2. Consumption of castings - sector-wise market segmentation (2017)
6.2.1. Automobile
6.2.2. Sanitary ware
6.2.3. Pipes and fittings
6.2.4. Agricultural machinery
6.2.5. Others

Chapter 7: Trade analysis
7.1. Export of foundry
7.1.1. Value-wise
7.1.2. Volume-wise
7.1.3. Country-wise

7.2. Import of foundry
7.2.1. Value-wise
7.2.2. Volume-wise
7.2.3. Country-wise

Chapter 8: Key growth drivers of the market

Chapter 9: Key deterrents to the growth of the market

Chapter 10: Government initiatives

Chapter 11: Growth in other end user segment

11.1. Automotive
11.2. Sanitary ware
11.3. Railway
11.4. Pumps
11.5. Power
11.6. Electrical equipment
11.7. Earth moving equipment
11.8. Machine tools

Chapter 12: Competitive landscape
12.1. Ashok Iron Works Private Limited
12.1.1. Corporate information
12.1.2. Business description
12.1.3. Products and services
12.1.4. Key people
12.1.5. Financial snapshot (total income, net profit/loss)
12.1.6. Key ratios
12.1.7. Key financial performance indicators
12.1.8. Business segments, geographical segments

12.2. Brakes India Private Limited
12.2.1. Corporate information
12.2.2. Business description
12.2.3. Products and services
12.2.4. Key people

12.3. DCM Engineering Limited
12.3.1. Corporate information
12.3.2. Business description
12.3.3. Products and services
12.3.4. Key people

12.4. Electrosteel Castings Limited
12.4.1. Corporate information
12.4.2. Business description
12.4.3. Products and services
12.4.4. Key people
12.4.5. Financial snapshot (total income, net profit/loss)
12.4.6. Key ratios
12.4.7. Key financial performance indicators
12.4.8. Business segments, geographical segments

12.5. Hinduja Foundries Limited
12.5.1. Corporate information
12.5.2. Business description
12.5.3. Products and services
12.5.4. Key people
12.5.5. Financial snapshot (total income, net profit/loss)
12.5.6. Key ratios
12.5.7. Key financial performance indicators
12.5.8. Business segments, geographical segments

12.6. Jayaswal Neco Industries Limited
12.6.1. Corporate information
12.6.2. Business description
12.6.3. Products and services
12.6.4. Key people
12.6.5. Financial snapshot (total income, net profit/loss)
12.5.6. Key ratios
12.5.7. Key financial performance indicators
12.6.8. Business segments, geographical segments

12.7. Menon and Menon Limited
12.7.1. Corporate information
12.7.2. Business description
12.7.3. Products and services
12.7.4. Key people

12.8. Nelcast Limited
12.8.1. Corporate information
12.8.2. Business description
12.8.3. Products and services
12.8.4. Key people
12.8.5. Financial snapshot (total income, net profit/loss)
12.8.6. Key ratios
12.8.7. Key financial performance indicators
12.8.8. Business segments, geographical segments

12.9. Sanmar Foundries Limited
12.9.1. Corporate information
12.9.2. Business description
12.9.3. Products and services
12.9.4. Key people

12.10. Tata Metaliks Limited
12.10.1. Corporate information
12.10.2. Business description
12.10.3. Products and services
12.10.4. Key people
12.10.5. Financial snapshot (total income, net profit/loss)
12.10.6. Key ratios
12.10.7. Key financial performance indicators
12.10.8. Business segments, geographical segments

1. Research methodology


1. Ashok Iron Works Private Limited
2. Brakes India Private Limited
3. DCM Engineering Limited
4. Electrosteel Castings Limited
5. Hinduja Foundries Limited
6. Jayaswal Neco Industries Limited
7. Menon and Menon Limited
8. Nelcast Limited
9. Sanmar Foundries Limited
10. Tata Metaliks Limited

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