The Casting Components are Global Prospects for India

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The Casting Components Are Global Prospects for India The increasing domestic demand in automobile, textile and electrical industry has led to rapid growth of Indian foundry industry. From last one decade, casting demand has become almost double up to 7 millions. Today, India is taken as fourth largest producer and Manufacturers Of Investment Casting components worldwide. According to stats, more than 1.5 million people are getting employment from foundry industry. The five major hotspots for manufacturing casting components are Rajkot, Belgaum, Kolhapur, Coimbatore, Kolhapur and Batala.

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Around 35 percent casting components are consumed by automobile industries and rest is taken by other engineering sectors. Manufacturing industries are continuously striving to improve automation techniques, casting process, tools and technologies. Engineers can cast variegated components much faster than it was done in past. Major companies are looking to establish their manufacturing plants in India only. The country’s ability to offer endless advantages to manufacturing industries has led popular industries to consolidate their operations and vendor base. All industrial components and household equipments reshaped from any particular metal is the output of revolutionary manufacturing process metal casting. This is the oldest casting technique playing a significant role in our day to day life. Metal casting processes has to go through two phases basically – melting the required metal and designing components with liquid metal in accordance with customers’ expectations. In India, valuable resources are hired at very reasonable prices. Companies are free to hire fresh graduates at low labor cost. Even the tools and machineries costing are much reasonable in India than other developed countries. Experienced foreign players are collaborating with local


manufacturers to expand their client base and market as well. By the end of 2020, casting production capacity would increase up to 15 million as per industry associations. It will be a great achievement for Indian market and Investment Casting Manufacturers. People will also get employment and wide career options from manufacturing industries

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