Draft Detailed Project Report

INR (100 Crores)
Technology Centre Systems Program – Draft DPR for New TC at Rohtak
The tooling industry, that consists of developing and manufacturing dies, moulds, casts, as well as
testing and prototyping serves as the interface between product design and product manufacturing.
Growth of these manufacturing related industries, therefore, drives the growth in demand for tooling.
The constraints to the growth and competitiveness of the Indian tooling industry mirror the ones
affecting manufacturing as a whole. The scarcity of skilled workers and problems related to their
retention, as well as the lack of access to a high-quality design and prototyping facility, has hurt
growth.
The trend of growing demand for tooling market is illustrated in the figure below. (source: TAGMA)
Figure 7: Size of the tooling market in India
300.00
Size of the tooling market in India
250.00
220
254
200.00
191
160.80
150.00
100.00
50.00
30.50 33.53 38.44 42.54 46.74 53.00 61.00 70.00 80.00 91.90
110.25
132.80
0.00
1999200020012002200320042005200620072008200920102011201220132014
Financial Year
*Projections based on CAGR of 15.2%
Indian Tool Room industry size is estimated at ~INR 13,000 Cr. (2010-11) 15 which can be divided
into two key segments - domestic (captive and commercial) and imports. Domestic Tool Rooms
market is estimated at INR 9,284 Cr out of which INR 3,129 crores is generated from captive tool
rooms and commercial tool rooms (CTRs) account for INR 5,955 crores. Imports are to the tune of
INR 4,150 Cr. In order to arrive at the addressable market for MSME TCs, a further analysis of the
above three segments has been carried out.
Figure 8: Structure of tooling market
15
Indian tool room industry report, TAGMA (2011)
Technology Centre Systems Program – DPR for New TC at Rohtak 53