OCTOBER 20244Strengthening India's Manufacturing Future The Indian welding and soldering consumables market is witnessing vigorous growth on the back of several parameters that depict the growth of India's industrial environment. The market is growing at a steady CAGR driven by the growing demand in different sectors such as automotive, construction and infrastructure development. The government's focus on infrastructure projects is one of the primary drivers of this growth, such as the "Make in India" initiative, that seeks to boost domestic manufacturing. That has created a spike in demand for welding and soldering consumables as businesses speed up production capabilities. Furthermore, the development of smart manufacturing and deployment of the latest welding methods have made it even more important to have the right consumables, including welding wires, rods and flux.Market is shaped by technological advancements as well. Welding processes that require automation and robotics have raised the need for consumables that guarantee precision and efficiency. Manufacturers have been increasingly working towards developing innovative products which can serve to meet the different industrial applications, and the quality and durability of welds increases. Additionally, the call for sustainability and eco-friendly practices has led companies to search for alternative products to conventional consumables. As a result, we are witnessing the development of new materials and products that will decrease environmental impact while maintaining performance standards.In this special issue, we introduce you to the top companies in this segment. Industry Outlook has identified the select few companies that have done particularly well in this sector with a high level of dedication. We have found that these companies have gone the extra mile in proving their commitment to meet the customer needs in an integrated manner. We welcome your feedbacks and suggestion that you may have concerning this special issue. Sudhakar SinghManaging Editoreditor@theindustryoutlook.comVol 5 · Issue 18 - 10· OCTOBER, 2024Publisher Alok ChaturvediManaging Editor Sudhakar SinghAssociate EditorDarshan KAssistant Editor Roshan AktharEditorial Team Thiruamuthan T KViswanathan AGM - Media & Graphic Designing VisualizerPrabhu Dutta A.R.N Ray Senior DesignerRajesh R B Visualizer V Hari PriyaSuanya BanerjeeAdvertising QueriesPrajnya Paramita Bhol Jaya Arora Vidyashri PatilGM 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.
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