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WHY
INDIA
India is one of the fastest evolving economy in the world. With a current population of around 1.4 billion people. It will have the 3rd largest gross domestic product after China and the USA. India is the world’s 2nd largest consumer base and fastest growing retail destination.
Asia – Pacific is the biggest market for welding and cutting equipment, followed by North America and Europe. In future, the Indian and the Chinese market will hold a high industrial growth rate in the automotive and construction sector.
India is one of the most important regions for steel production and one of the world's 10 largest steel processors and consumers.
Materials joining plays vital role in the following sector :
Aviation
Automotive & OEM
Defense Equipment
Electrical / Electronics
Energy Equipment & Power Plants
Instrumentation, Testing & Measuring Instruments
IT & Telecommunications
Iron, Steel & Metal Fabricators
Material Handling
Mining & Construction Equipment
Oil & Gas/Chemical Processing
Railway Coach Building
Ship Building
Tool Manufacturers
The Increase use of newer materials in these sectors adds to the challenge of welding and fabrication. More advance material are being processed by Indian Industry to meet the demanding requirement of the more economical ,efficient, environment friendly technologies.
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