India 2018

346 India 2018
Submerged-Arc Welded (SAW) pipes: There are two types of SAW pipes
namely longitudinal and helical welded SAW pipes. Longitudinal SAW pipes
are preferred where thickness of pipe is more than 25mm and in high pressure
gas pipe line. Helical welded SAW pipes are used for low pressure applications.
The cost of helical SAW pipes is less than longitudinal pipes. There is huge
demand of SAW pipes in the country due to transportation of oil and gas and
transmission of water.
Industrial Fasteners: The fastener industry in India may be classified into
two segments: high tensile and mild steel fasteners. High tensile and mild steel
fasteners broadly include nuts, bolts, studs, rivets and screws. Mild steel
fasteners are primarily manufactured by the unorganized sector while high
tensile fasteners requiring superior technology are dominated by companies in
the organized sector. Automobile industry accounts for bulk of the total demand
of this industry. Consumer durables and railways are the other primary users
of the high tensile fasteners. Automobile sector is likely to drive growth in the
fastener industry.
Steel Forgings: Forgings are intermediate products used widely by original
equipment manufacturers in the production of durable goods. The composition
of the Indian forging industry can be categorized into four sectors - large,
medium, small and tiny. A major portion of this industry is made up of small
and medium units/enterprises (SMEs). The industry was previously labour
intensive but with increasing globalization it is becoming more capital intensive.
Among the industries that depend on forgings are automotive; agricultural
machinery and equipment; valves, fittings, and petrochemical applications; hand
tools and hardware; off-highway and railroad equipment; general industrial
equipment; ordnance, marine and aerospace. The key driver of demand of
forging is the automobile industry. About 65 per cent of the total forging
production is used in this sector.
Bicycle Industry: The bicycle industry of India is one of the most established
industries. India is the second largest bicycle producer of the world, next only
to China. Most of the manufacturing units are located in Punjab and Tamil
Nadu with Ludhiana (Punjab) being a major bicycle production hub. The
industry is making endeavour for enhancing export since there is a significant
scope for export of Indian bicycles, bicycle spare parts and bicycle accessories.
Bicycle companies are now focusing on urban markets and are looking to expand
their base in the professional and adventure categories.
Food Processing Machinery: The Indian market for food processing
machinery has been growing steadily fuelled by strong domestic demand for
processed food and beverage products spurred by increase in income level,
increasing number of women joining the work force, rapid urbanization,
changing life style and mass media promotion. The most promising areas of
growth are fruit and vegetable processing, meat, poultry, dairy and seafood,
packaged/convenience food, soft drinks and grain processing. Food Processing