Shaping Tomorrow Cutting-with edge Moulds

The moulds and dies market in India is growing at a fast pace due to growth in the major manufacturing industries like automotive, consumer products, electronics and packaging. India has emerged as a manufacturing power house and with the government introducing “Make in India” campaign has given a boost to the demand for high precision moulds and dies. The automotive industry has been a major source attributable to escalating vehicle manufacturing, component indigenization, and a shift toward EV production that demands unique moulds and dies for various automotive parts and subassemblies. The market has also received a boost from the technology that has been applied in the market through automation, 3D printing, and computer-aided design (CAD). These have made it easier for manufacturers to produce quality moulds and dies and at an economical price.

This has been due to the opening of the market to international players and the growth of local producers which has resulted into healthy competition and improvement of quality. Furthermore, the increasing use of consumer electronics and packaged products especially in the urban areas has also contributed to the increased demand for high grade moulds and dies. Nevertheless, there are challenges like high costs of raw materials, skilled labour, and the constant need to invest in new technologies. Nonetheless, with consistent efforts in terms of infrastructure, research and development and supportive government policies the moulds and dies market of India is anticipated to grow at a rapid pace and become one of the most significant players in the global market in the near future.

In this special issue, we introduce you to the top manufacturers 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.