Foundry Market in India 2025-2029

Description

List of Tables

The foundry market in India is forecasted to grow by USD 30320.8 million during 2024-2029, accelerating at a CAGR of 15.5% during the forecast period. The report on the foundry market in India provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by focus on technology upgrades, make in India initiative, and expansion of renewable sector.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.

Market Scope
Base Year	2025
End Year	2029
Series Year	2025-2029
Growth Momentum	Accelerate
YOY 2025	12.2%
CAGR	15.5%
Incremental Value	$30320.8 mn

Technavio's foundry market in India is segmented as below:

By End-user

Automotive
Electrical and construction
Industrial machinery
Agriculture
Others

By Type

Gray iron casting
Non-ferrous casting
Ductile iron casting
Steel casting
Malleable casting

By Material

Ferrous
Non-ferrous

By Geographical Landscape

APAC

This study identifies the AI in foundry for design as one of the prime reasons driving the foundry market in India growth during the next few years. Also, institute of indian foundrymen (IIF) in-plant training program and formation of foundry clusters will lead to sizable demand in the market.

The report on the foundry market in India covers the following areas:

Foundry Market in India sizing
Foundry Market in India forecast
Foundry Market in India industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading foundry market in India vendors that include Aditya Birla Management Corp. Pvt. Ltd., Ashok Iron Works P Ltd., Brakes India Pvt. Ltd., CALMET, Cooper Corp., DCM Ltd., Electrosteel Castings Ltd., Fortune Foundries Pvt. Ltd., Gujarat Metal Cast Industries Pvt. Ltd., Hackforth Holding GmbH and Co. KG, Indoshell Mould Ltd., Jayaswal Neco Industries Ltd., JSW Holdings Ltd., Kirloskar Ferrous Industries Ltd., Larsen and Toubro Ltd., Menon and Menod Ltd., Nelcast Ltd., and The Sanmar Group. Also, the foundry market in India analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Product Code: IRTNTR41570

1 Executive Summary

1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Country Market Characteristics
- Executive Summary - Chart on Market Segmentation by End-user
- Executive Summary - Chart on Market Segmentation by Type
- Executive Summary - Chart on Market Segmentation by Material
- Executive Summary - Chart on Company Market Positioning

2 Technavio Analysis

2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
2.2 Criticality of inputs and Factors of differentiation
- Overview on criticality of inputs and factors of differentiation
2.3 Factors of disruption
- Overview on factors of disruption
2.4 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029

3 Market Landscape

3.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
3.2 Market characteristics
- Market characteristics analysis
3.3 Value chain analysis
- Value chain analysis

4 Market Sizing

4.1 Market definition
- Offerings of companies included in the market definition
4.2 Market segment analysis
- Market segments
4.3 Market size 2024
4.4 Market outlook: Forecast for 2024-2029
- Chart on India - Market size and forecast 2024-2029 ($ million)
- Data Table on India - Market size and forecast 2024-2029 ($ million)
- Chart on India: Year-over-year growth 2024-2029 (%)
- Data Table on India: Year-over-year growth 2024-2029 (%)

5 Historic Market Size

5.1 Foundry Market in India 2019 - 2023
- Historic Market Size - Data Table on Foundry Market in India 2019 - 2023 ($ million)
5.2 End-user segment analysis 2019 - 2023
- Historic Market Size - End-user Segment 2019 - 2023 ($ million)
5.3 Type segment analysis 2019 - 2023
- Historic Market Size - Type Segment 2019 - 2023 ($ million)
5.4 Material segment analysis 2019 - 2023
- Historic Market Size - Material Segment 2019 - 2023 ($ million)

6 Qualitative Analysis

6.1 Impact of AI on Foundry Market in India

7 Five Forces Analysis

7.1 Five forces summary
- Five forces analysis - Comparison between 2024 and 2029
7.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2024 and 2029
7.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2024 and 2029
7.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2024 and 2029
7.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2024 and 2029
7.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2024 and 2029
7.7 Market condition
- Chart on Market condition - Five forces 2024 and 2029

8 Market Segmentation by End-user

8.1 Market segments
- Chart on End-user - Market share 2024-2029 (%)
- Data Table on End-user - Market share 2024-2029 (%)
8.2 Comparison by End-user
- Chart on Comparison by End-user
- Data Table on Comparison by End-user
8.3 Automotive - Market size and forecast 2024-2029
- Chart on Automotive - Market size and forecast 2024-2029 ($ million)
- Data Table on Automotive - Market size and forecast 2024-2029 ($ million)
- Chart on Automotive - Year-over-year growth 2024-2029 (%)
- Data Table on Automotive - Year-over-year growth 2024-2029 (%)
8.4 Electrical and construction - Market size and forecast 2024-2029
- Chart on Electrical and construction - Market size and forecast 2024-2029 ($ million)
- Data Table on Electrical and construction - Market size and forecast 2024-2029 ($ million)
- Chart on Electrical and construction - Year-over-year growth 2024-2029 (%)
- Data Table on Electrical and construction - Year-over-year growth 2024-2029 (%)
8.5 Industrial machinery - Market size and forecast 2024-2029
- Chart on Industrial machinery - Market size and forecast 2024-2029 ($ million)
- Data Table on Industrial machinery - Market size and forecast 2024-2029 ($ million)
- Chart on Industrial machinery - Year-over-year growth 2024-2029 (%)
- Data Table on Industrial machinery - Year-over-year growth 2024-2029 (%)
8.6 Agriculture - Market size and forecast 2024-2029
- Chart on Agriculture - Market size and forecast 2024-2029 ($ million)
- Data Table on Agriculture - Market size and forecast 2024-2029 ($ million)
- Chart on Agriculture - Year-over-year growth 2024-2029 (%)
- Data Table on Agriculture - Year-over-year growth 2024-2029 (%)
8.7 Others - Market size and forecast 2024-2029
- Chart on Others - Market size and forecast 2024-2029 ($ million)
- Data Table on Others - Market size and forecast 2024-2029 ($ million)
- Chart on Others - Year-over-year growth 2024-2029 (%)
- Data Table on Others - Year-over-year growth 2024-2029 (%)
8.8 Market opportunity by End-user
- Market opportunity by End-user ($ million)
- Data Table on Market opportunity by End-user ($ million)

9 Market Segmentation by Type

9.1 Market segments
- Chart on Type - Market share 2024-2029 (%)
- Data Table on Type - Market share 2024-2029 (%)
9.2 Comparison by Type
- Chart on Comparison by Type
- Data Table on Comparison by Type
9.3 Gray iron casting - Market size and forecast 2024-2029
- Chart on Gray iron casting - Market size and forecast 2024-2029 ($ million)
- Data Table on Gray iron casting - Market size and forecast 2024-2029 ($ million)
- Chart on Gray iron casting - Year-over-year growth 2024-2029 (%)
- Data Table on Gray iron casting - Year-over-year growth 2024-2029 (%)
9.4 Non-ferrous casting - Market size and forecast 2024-2029
- Chart on Non-ferrous casting - Market size and forecast 2024-2029 ($ million)
- Data Table on Non-ferrous casting - Market size and forecast 2024-2029 ($ million)
- Chart on Non-ferrous casting - Year-over-year growth 2024-2029 (%)
- Data Table on Non-ferrous casting - Year-over-year growth 2024-2029 (%)
9.5 Ductile iron casting - Market size and forecast 2024-2029
- Chart on Ductile iron casting - Market size and forecast 2024-2029 ($ million)
- Data Table on Ductile iron casting - Market size and forecast 2024-2029 ($ million)
- Chart on Ductile iron casting - Year-over-year growth 2024-2029 (%)
- Data Table on Ductile iron casting - Year-over-year growth 2024-2029 (%)
9.6 Steel casting - Market size and forecast 2024-2029
- Chart on Steel casting - Market size and forecast 2024-2029 ($ million)
- Data Table on Steel casting - Market size and forecast 2024-2029 ($ million)
- Chart on Steel casting - Year-over-year growth 2024-2029 (%)
- Data Table on Steel casting - Year-over-year growth 2024-2029 (%)
9.7 Malleable casting - Market size and forecast 2024-2029
- Chart on Malleable casting - Market size and forecast 2024-2029 ($ million)
- Data Table on Malleable casting - Market size and forecast 2024-2029 ($ million)
- Chart on Malleable casting - Year-over-year growth 2024-2029 (%)
- Data Table on Malleable casting - Year-over-year growth 2024-2029 (%)
9.8 Market opportunity by Type
- Market opportunity by Type ($ million)
- Data Table on Market opportunity by Type ($ million)

10 Market Segmentation by Material

10.1 Market segments
- Chart on Material - Market share 2024-2029 (%)
- Data Table on Material - Market share 2024-2029 (%)
10.2 Comparison by Material
- Chart on Comparison by Material
- Data Table on Comparison by Material
10.3 Ferrous - Market size and forecast 2024-2029
- Chart on Ferrous - Market size and forecast 2024-2029 ($ million)
- Data Table on Ferrous - Market size and forecast 2024-2029 ($ million)
- Chart on Ferrous - Year-over-year growth 2024-2029 (%)
- Data Table on Ferrous - Year-over-year growth 2024-2029 (%)
10.4 Non-ferrous - Market size and forecast 2024-2029
- Chart on Non-ferrous - Market size and forecast 2024-2029 ($ million)
- Data Table on Non-ferrous - Market size and forecast 2024-2029 ($ million)
- Chart on Non-ferrous - Year-over-year growth 2024-2029 (%)
- Data Table on Non-ferrous - Year-over-year growth 2024-2029 (%)
10.5 Market opportunity by Material
- Market opportunity by Material ($ million)
- Data Table on Market opportunity by Material ($ million)

11 Customer Landscape

11.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

12 Drivers, Challenges, and Opportunity/Restraints

12.1 Market drivers
12.2 Market challenges
12.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029
12.4 Market opportunities/restraints

13 Competitive Landscape

13.1 Overview
13.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
13.3 Landscape disruption
- Overview on factors of disruption
13.4 Industry risks
- Impact of key risks on business

14 Competitive Analysis

14.1 Companies profiled
- Companies covered
14.2 Company ranking index
- Company ranking index
14.3 Market positioning of companies
- Matrix on companies position and classification
14.4 Aditya Birla Management Corp. Pvt. Ltd.
- Aditya Birla Management Corp. Pvt. Ltd. - Overview
- Aditya Birla Management Corp. Pvt. Ltd. - Product / Service
- Aditya Birla Management Corp. Pvt. Ltd. - Key news
- Aditya Birla Management Corp. Pvt. Ltd. - Key offerings
- SWOT
14.5 Ashok Iron Works P Ltd.
- Ashok Iron Works P Ltd. - Overview
- Ashok Iron Works P Ltd. - Product / Service
- Ashok Iron Works P Ltd. - Key offerings
- SWOT
14.6 Cooper Corp.
- Cooper Corp. - Overview
- Cooper Corp. - Product / Service
- Cooper Corp. - Key offerings
- SWOT
14.7 DCM Ltd.
- DCM Ltd. - Overview
- DCM Ltd. - Product / Service
- DCM Ltd. - Key offerings
- SWOT
14.8 Electrosteel Castings Ltd.
- Electrosteel Castings Ltd. - Overview
- Electrosteel Castings Ltd. - Product / Service
- Electrosteel Castings Ltd. - Key offerings
- SWOT
14.9 Fortune Foundries Pvt. Ltd.
- Fortune Foundries Pvt. Ltd. - Overview
- Fortune Foundries Pvt. Ltd. - Product / Service
- Fortune Foundries Pvt. Ltd. - Key offerings
- SWOT
14.10 Hackforth Holding GmbH and Co. KG
- Hackforth Holding GmbH and Co. KG - Overview
- Hackforth Holding GmbH and Co. KG - Product / Service
- Hackforth Holding GmbH and Co. KG - Key offerings
- SWOT
14.11 Indoshell Mould Ltd.
- Indoshell Mould Ltd. - Overview
- Indoshell Mould Ltd. - Product / Service
- Indoshell Mould Ltd. - Key offerings
- SWOT
14.12 Jayaswal Neco Industries Ltd.
- Jayaswal Neco Industries Ltd. - Overview
- Jayaswal Neco Industries Ltd. - Business segments
- Jayaswal Neco Industries Ltd. - Key offerings
- Jayaswal Neco Industries Ltd. - Segment focus
- SWOT
14.13 JSW Holdings Ltd.
- JSW Holdings Ltd. - Overview
- JSW Holdings Ltd. - Product / Service
- JSW Holdings Ltd. - Key offerings
- SWOT
14.14 Kirloskar Ferrous Industries Ltd.
- Kirloskar Ferrous Industries Ltd. - Overview
- Kirloskar Ferrous Industries Ltd. - Business segments
- Kirloskar Ferrous Industries Ltd. - Key offerings
- Kirloskar Ferrous Industries Ltd. - Segment focus
- SWOT
14.15 Larsen and Toubro Ltd.
- Larsen and Toubro Ltd. - Overview
- Larsen and Toubro Ltd. - Business segments
- Larsen and Toubro Ltd. - Key news
- Larsen and Toubro Ltd. - Key offerings
- Larsen and Toubro Ltd. - Segment focus
- SWOT
14.16 Menon and Menod Ltd.
- Menon and Menod Ltd. - Overview
- Menon and Menod Ltd. - Product / Service
- Menon and Menod Ltd. - Key offerings
- SWOT
14.17 Nelcast Ltd.
- Nelcast Ltd. - Overview
- Nelcast Ltd. - Product / Service
- Nelcast Ltd. - Key offerings
- SWOT
14.18 The Sanmar Group
- The Sanmar Group - Overview
- The Sanmar Group - Product / Service
- The Sanmar Group - Key offerings
- SWOT

15 Appendix

15.1 Scope of the report
15.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
15.3 Currency conversion rates for US$
- Currency conversion rates for US$
15.4 Research methodology
- Research methodology
15.5 Data procurement
- Information sources
15.6 Data validation
- Data validation
15.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
15.8 Data synthesis
- Data synthesis
15.9 360 degree market analysis
- 360 degree market analysis
15.10 List of abbreviations
- List of abbreviations