Miscellaneous : [ light weight constructions | aluminum | cast (alu/steel) | miscellaneuos ]
Presentation-Download: "Aluminium Die Casting Industry in India"
The Indian economy is expected to grow at 7.8 per cent in FY 2015-16 and 8.2 per cent in FY 2016-17, as per the forecast by Asian Development Bank (ADB).
According to the Automotive Component Manufacturers Association of India (ACMA), the Indian auto-components industry is expected to register a turnover of US$ 66 billion by FY 15–16 with the likelihood to touch US$ 115 billion by FY 20–21 and US$ 200 billion by 2026. In addition, industry exports are projected to reach US$ 12 billion by FY 15–16 and add up to US$ 30 billion by FY20–21, further rising to US$ 80 billion by 2026. The sector’s contribution to manufacturing GDP is expected to double from 5 per cent in 2015 to 10 per cent in 2026. 60% of the castings produced in India are provided to automotive industry.
Further information about the die casting industry in India can be found in the presentation (download is complimentary).
ALUMINIUM DIECASTING INDUSTRY INDIA