Casting &
Forging Market
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Information Profile @ a Glance Casting
is one of the oldest manufacturing techniques. In comparison with the
manufacturing of products in a transformation process, casting offers
enormous freedom in terms of shape of the product. The castings and forgings market is mostly a subcontracting industry, supplying a wide range of industries. Customers of the casting and forging companies are main suppliers of modules (e.g. motor blocks, vessels, valves), the Original Equipment Manufacturers (OEM) and their subcontractors. The strongest growth will come from the main spare parts producers like Bharat Forge, Rico Auto, Sundaram Fasteners, Amtek Auto, Sona Koyo, Munjal Showa, Motherson Sumi and Mico Bosch. Pune-based Bharat Forge, India’s largest forging company, leads the pack, investing some US$135m its Pune plant to boost annual production capacity to 240,000 tonnes |
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