MAY 20244Vol 2 · Issue 10 - 3 · MAY, 2024Publisher Alok ChaturvediManaging Editor Sudhakar SinghAssociate EditorIndranil ChakrabortyAssistant Editor Hima P MEditorial Team Design ManagerPrabhu Dutta A.R.N Ray Senior DesignerRajesh R B Visualizer Varun BAruna Kumari KAdvertising QueriesPrajnya Paramita BholVidyashri Patil Jaya Arora GM Sales & MarketingVirupakshi Pattarsales@theindustryoutlook.com Editorial Querieseditor@theindustryoutlook.comCirculation Manager Magendran PerumalMagazine Price is Rs. 150 per issuePrinted and Published By Alok Chaturvedi on behalf of Biz Print Media Technologies Pvt. Ltd. and Printed at Executive Prints - 113/7, Ground floor, Old madras road, Halasuru, Bangalore 560008 and Published At No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugeshpalya, Bangalore-560017.Publisher Alok ChaturvediCopyright © 2024 Biz Print Media Technologies Pvt. Ltd. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher. Roshan Akthar Nalini BramhanapalliVishwanathan AEngineering Tomorrow'sLandscapesThe steel bar and wire market of India is in the process of healthy growth due to a number of factors that determine the path of growth. Among the world's most important steel producers and consumers, India has a potentially large market for steel bars and wire with its diversified industry sectors driving high demand. A key component for this is the development of the construction sector. The speedy urbanization with infrastructure projects of India has increased the demand of iron rods and wires which are used in construction works that can be residential to commercial buildings and infrastructure development like roads, bridges, and airports. On the other hand, the increasing automobile industry's contribution to the growth in steel bars and wires market is a continuation of this trend. The automotive industry is expanding comfortably due to rising consumer purchasing power, steel being the most common raw material used in vehicles and hence the demand of steel bars and wires for the vehicle manufacturing has grown significantly.At the same time, the government's actions such as "Make in India", and infrastructure investments, have been a great inspiration to the manufacturing sector, so this is a good reason for the demand, including bars and wires, for steel in machinery and equipment manufacturing. In addition, technological progress and innovations in the steel manufacturing process not only fuel but also encourage production of enhanced products of different types and designs that are highly customized and suitable for different industries' needs. Also, the government policies, which specify increase in steel production capacity and enhance domestic consumption, have further promoted market growth by luring investments in steel sector through rewarding policies. In this issue, we acquaint you with the top companies in this field. After studying the industry landscape in-depth, Industry Outlook has zeroed in on the top ones that have excelled with their meticulous approach. Having proven their dedication in order to meet the customer's expectations in an end-to-end manner, these companies have stood out from the crowd. We look forward to receiving your feedback and suggestions. Sudhakar SinghManaging Editoreditor@theindustryoutlook.com
< Page 3 | Page 5 >