India Foundry Market Share

Statistics for the 2023 & 2024 India Foundry market share, created by Mordor Intelligence™ Industry Reports. India Foundry share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

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Corporate License

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Market Share of India Foundry Industry

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.

India Foundry Market Leaders

  1. A Cast Foundry

  2. JSW Group

  3. Aditya Birla Management Corporation Private Limited (ABMCPL)

  4. Brakes India Pvt. Ltd.

  5. Larsen & Toubro Ltd

*Disclaimer: Major Players sorted in no particular order

India Foundry Market Concentration

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