How big is the India Foundry Market?

The India Foundry Market size is expected to reach USD 19.46 billion in 2024 and grow at a CAGR of 10.30% to reach USD 31.77 billion by 2029. Read More

What is the current India Foundry Market size?

In 2024, the India Foundry Market size is expected to reach USD 19.46 billion. Read More

Who are the key players in India Foundry Market?

A Cast Foundry, JSW Group, Aditya Birla Management Corporation Private Limited (ABMCPL), Brakes India Pvt. Ltd. and Larsen & Toubro Ltd are the major companies operating in the India Foundry Market. Read More

What years does this India Foundry Market cover, and what was the market size in 2023?

In 2023, the India Foundry Market size was estimated at USD 17.64 billion. The report covers the India Foundry Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the India Foundry Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

India Foundry Market Size & Share Analysis - Industry Research Report

India Foundry Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

India Foundry Market Report is Segmented by End-User (automotive, Electrical and Construction, Industrial Machinery, and Other End-Users) and by Type (gray Iron Casting, Non-Ferrous Casting, Ductile Iron Casting, and Steel Casting and Malleable Casting). the India Foundry Market Size and Forecasts are Provided in Terms of Value in (USD) for all the Above Segments.

India Foundry Industry Overview

The report covers major players operating in the India Foundry Market. The market is highly fragmented and competitive, with large companies claiming significant market share.

Some of the strong players in the country include A Cast Foundry, Aditya Birla Management Corp. Pvt. Ltd., JSW STEEL Ltd., Larsen and Toubro Ltd., Brakes India Pvt. Ltd., Ashok Iron Works Pvt. Ltd., Menon and Menod Ltd., Nelcast Ltd., Tata Sons Pvt. Ltd., CALMET, Cooper Corp. Pvt. Ltd., DCM Ltd., Electrosteel Castings Ltd., Fortune Foundries Pvt. Ltd., Gujarat Metal Cast Industries Pvt. Ltd., etc.,

Major players in the market are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to remain competitive in the market. For instance, in June 2022, Brakes India and Volvo Group ventured into producing green iron castings at Brakes India’s foundries to reduce their carbon footprint.