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(India.CityRegions.Com, November 07, 2016 ) A foundry is a workshop for manufacturing metal castings, wherein molten or liquid metal is poured into a mold made of metal, sand, or a ceramic substance. The metal casting comprises a hollow cavity of the desired shape to form geometrically complex parts when liquid metal is poured into it. All major metals like iron, magnesium, aluminum, zinc, steel, and copper-based alloys can be used to make castings. Metal castings find applications in cars, trucks, planes, trains, mining and construction equipment, oil wells, pipes, toys, space shuttles, wind turbines, and nuclear plants.
Publisher's analysts forecast the foundry market in India to grow at a CAGR of 10.08% during the period 2016-2020. For more information about this report: http://www.reportsweb.com/foundry-market-in-india-2017-2021 Covered in this report The report covers the present scenario and the growth prospects of the foundry market in India for 2017-2021. To calculate the market size, the report considers the revenue generated from the production value of castings manufactured by the foundry market in India.
Publisher's report, Foundry Market in India 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors -Electrosteel Castings -Hinduja Foundries -Nelcast -Rail Wheel Factory
Request Sample Copy at http://www.reportsweb.com/inquiry&RW0001453365/sample
Other prominent vendors -Ashok Iron Works -Brakes India -Cooper -DCM Engineering -Jayaswal Neco Industries -Kirloskar Ferrous Industries -Mahindra Hinoday Industries -Sakthi Auto Components -Tata Motors (Production Engineering) -Welcast Steels
Market driver -Passage of GST bill by parliament. -For a full, detailed list, view our report
Market challenge -Environmental issues leading to increasing environmental cost. -For a full, detailed list, view our report
Market trend -Increasing investments in foundry market in India. -For a full, detailed list, view our report
Inquire for Report at http://www.reportsweb.com/inquiry&RW0001453365/buying
ReportsWeb.com
Priya Sisodia
+1-646-491-9876
sales@reportsweb.com
Source: EmailWire.Com
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