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SHEET METAL INDIA 2003
International Exhibition on
Sheet Metal Technology
21 - 23 February 2003
HITEX, Hyderabad.

INDIAN MARKET POTENTIAL

In India the Sheet Metal Industry is not defined as a specific industry it can be considered as a part of various industries mainly:

Metal Producers - primarily steel & aluminium, major user segments - automobile, engineering etc. and sheet metal machinery.
The birth of the Indian steel industry and commencement of large scale steel production can be dated back to 1907.Liberalisation in 1991 ushered an era of reforms - de-licensing, price decontrol, lowering of import restrictions, lowering of duties and abolition of freight equalisation - and this resulted in an increased domestic production. Indian companies moved up the value chain with better quality products, lower costs of manufacturing, and increased production of value added products. The Indian steel industry is no longer immune from global trends.
Aluminium is a versatile metal and also the most widely used non-ferrous metal. The Indian Aluminium industry is around US$ 1500 million and has an installed capacity of 714,000 TPA. India is one of the top ten players in the world with respect to production and consumption of Aluminium. Recycled aluminium in India is still in nascent stage when compared to the global industry. With growing demand in the user industries, the contribution of recycled aluminium to the total consumption is expected to increase.

Both metal cutting tools and metal forming tools are used in sheet metal processing. The major product type used for sheet metal working are Presses / Press Brakes which constitute 80 % of the production of metal forming machines and 9 % of the total production of machine tools.

The automobile sector is one of the largest users of sheet metal and India is emerging as one of the most happening automobile markets in the world. Production has picked up in the last quarter of 2001-02. Automobile manufacturers procure steel sheets from steel majors and manufacture the body panels. The growth of the Building & Construction sector has opened the market for sheet metal industry in India.



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