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).