Clients we have served
The Next Decade
The Foundry Industry is one of the most fragmented markets in India, and the Non Ferrous sector being even more so. It happens to be very labour and skill intensive, this might be an opportunity as well as a drawback, depending on how one sees it. External growth via consolidation is possible.
The next decade will see 3D printing tech more widely used as well. So long as India's interest rates stay at 10% it will be very difficult for foundries to make additional capital investments. However, to stay competitive at a global level, we will have to always invest in leadership and the latest technology to drive productivity and be able to offer the best to our customers.
This is how we plan to expand in the next 10 years.
- Ian Nazareth (Managing Director)