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in India The fabricated metal products industry in ... - Teknikföretagen

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cost competitiveness, provision of fiscal <strong>in</strong>centives and export promotion measures.<br />

Aga<strong>in</strong>st this background, <strong>India</strong> is also prepar<strong>in</strong>g to become a global hub for subcontract<strong>in</strong>g<br />

<strong>in</strong> the <strong>in</strong>dustry. To sum up, a two pronged approach needs to be followed<br />

for growth of the <strong>in</strong>dustry. An <strong>in</strong>crease <strong>in</strong> exports of <strong>fabricated</strong> <strong>metal</strong> <strong>products</strong><br />

is required along with an <strong>in</strong>crease <strong>in</strong> production to satisfy domestic demand.<br />

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