India is 2nd largest producer of castings in the world and has ambitious growth plans with new capacities being added at rapid pace. The Indian Foundry Industry is producing estimated 12 Million MT of various grades of Castings as per International standards. There are approx. 4500 units out of which 85% can be classified as small scale units & 10% as medium & 5% as large scale units. Foundry Industry has a turnover of approx USD 20 billion with exports approx. USD 3.54 billion. India's casting industry expected to reach USD 25 billion by 2025.
IFEX 2023 & Cast India Expo 2023 successfully conducted with satisfied exhibitors. Buyers and trade visitors from pan India and nearby countries visited the show. Many companies had meetings with their key buyers making the show a real success.
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