A foundry is a workshop for manufacturing metal castings. India has emerged as the third largest castings manufacturer in the world after China and the US.This report considers the calendar year 2016 to be the base year and provides data for the trailing 12 months. The values presented in the report are the actual values for 2016 and estimated values for the period 2017-2021.In this report, Technavio covers the current scenario and growth prospects of the foundry market in India for the period 2017-2021. It also presents the major vendors that are involved in the foundry market in India. In addition, it discusses the major drivers that influence the market's growth, outlines the major challenges faced by vendors and the market at large, and examines key trends that are emerging in the

market.

PART 01: Executive summary 6

PART 02: Scope of the report 16

Definition 16

Base year and forecast period 16

Market reportage 16

Market size computation 16

Market segmentation 17

Vendor segmentation 18

Top-vendor offerings 18

PART 03: Market research methodology 19

Research methodology 19

Economic indicators 19

PART 04: Introduction 20

Key market highlights 20

PART 05: Market landscape 22

Market size and forecast 22

Five forces analysis 24

PART 06: Market segmentation by casting type 25

Market overview 25

Gray iron casting 26

Non-ferrous casting 27

Ductile iron casting 28

Steel casting 29

Malleable casting 30

PART 07: Market segmentation by end-users 31

Market overview 31

Automotive industry 32

Electrical and construction industry 33

Industrial machinery industry 34

Agriculture industry 35

Other industries 36

PART 08: Market segmentation by trade 37

Market overview 37

Exports 38

Imports 39

Foundry market in India by type 40

PART 09: Market drivers 41

Focus on technology upgrades 41

Make in India initiative 41

Passage of GST bill by parliament 42

Increasing confidence within foundry industry 42

PART 10: Impact of drivers 44

PART 11: Market challenges 45

Environmental issues leading to increasing

environmental cost 45

Lack of highly skilled manpower 45

Intense competition within industry 46

Decline in growth of agriculture sector 46

PART 12: Impact of drivers and challenges 47

PART 13: Market trends 48

IIF in-plant training program 48

Formation of foundry clusters 49

Increasing investments in foundry market in India 54

PART 14: Vendor landscape 56

Competitive scenario 56

Other prominent vendors 60

PART 15: Appendix 64

List of abbreviations 64

PART 16: Explore Technavio 66