IFMET 2018 - International Metal and Foundry Expo , Wed 14th - Fri 16th Mar 2018 , Bombay Exhibition Centre , Mumbai , India.

Industry Scenario


  • Indian Foundry Industry, is the 3rd largest globally in terms of production capacity (10 million tonnes in FY16) after China (40 million tonnes) and the US (11 million tonnes); and has an installed capacity of 15 million tonnes per year.
  • Potential to grow to $12-15 billion in the next 7 to 10 years.
  • 3 billion of investment expected in next 10 years to meet the potential demand of 30 million tonnes of castings in the country.
  • Automobile, Aero Space to Sanitary Ware industries are eyeing major growth opportunities from the Government of India’s ‘Make in India’ initiative.
  • New Opportunities from the ‘Make in India’ drive, Defence Offset Programmes and the Government’s boost to infrastructure projects such as metro rail; energy will ensure utilisation of the idle capacity.



  • The National Steel Policy 2005 is currently being reviewed keeping in mind the rapid developments in the domestic steel industry (both on the supply and demand sides) as well as the stable growth of the Indian economy since the release of the Policy in 2005.
  • At the time of its release, the National Steel Policy 2005 had envisaged steel production to reach 110 million tonnes (mt) by 2019-20. However, based on the assessment of the current ongoing projects, both in greenfield and brownfield, the Working Group on Steel for the 12th Five Year Plan has projected that domestic crude steel capacity in the county is likely to be 140 mt by 2016-17 and has the potential to reach 149 mt, if all requirements are adequately met.
  • Rapid rise in production has resulted in India becoming the 3rd largest producer of crude steel in 2015 and it continues to be the largest producer of sponge iron or DRI in the world.
  • An estimated infrastructure investment of nearly a trillion dollars is planned.
  • A projected growth of manufacturing from current 8% to 11-12%.

Non Ferrous Metals

Aluminium - In the Indian market, apparent aluminium consumption grew at a healthy ~15% during April 2015 – March 2016 (FY2016), driven mainly by the power transmission sector. While the healthy demand growth was matched by a strong domestic aluminium production growth as well, operating margins of the domestic primary aluminium industry faced headwinds in FY2016 due to the prevailing weak aluminium prices.

Copper - In the Indian market, growth in copper consumption was strong at ~12% during FY2016. Moreover, domestic production too remained strong, driven by higher production by the domestic custom smelters.

Zinc - On the domestic front, annual growth in zinc consumption was marginal at ~0.6% during FY2016. It assumes that the slow pace of construction activities in the country during H1FY2016, which is one of the largest consumers of galvanised steel components, is one of the reasons for the marginal growth.

Other Non ferrous metals namely - Lead, Nickel, Tin, Titanium and Alloys such as Brass. They are also having a higher resistance to rust and corrosion, and making them ideal for gutters, liquid pipes, roofing and outdoor signs.

INDIA’s Ranking in the World

  • 3rd Largest Crude Steel Producer.
  • 3rd Largest Foundry Capacity.
  • 4th Largest Coal Reserve.
  • 7th Largest Reserve of Iron Ore
  • 3rd Largest Reserve of Chromite.
  • 5h Largest Reserve of Manganese Ore.
Industry Partner
Media Partner
Official PR Agency