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The India Foundry Market size is forecast to increase by USD 23.71 billion, at a CAGR of 13.89% between 2023 and 2028. The market is experiencing significant growth, driven by a focus on technology upgrades to enhance productivity and improve product quality. The Institute of Indian Foundrymen (IIF) in-plant training programs are playing a pivotal role in skill development and technological advancements within the industry. However, the market is also facing challenges related to environmental issues and increasing environmental costs. Regulatory compliance and the adoption of sustainable practices are becoming essential to mitigate these challenges and ensure long-term growth. The market trend towards automation and digitalization is also gaining momentum, with the integration of Industry 4.0 technologies such as IoT, artificial intelligence (AI), and ML, transforming the foundry industry landscape. Overall, the market is poised for growth, with a focus on innovation, sustainability, and skill development.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Market Segmentation by Type
8 Customer Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
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