Durability Meets Innovation

India’s metal finishing services market is expanding owing to the growth of important industries like automotive, electronics, aerospace, and industrial manufacturing. Businesses are investing in advanced finishing technologies to meet global quality standards, and such technologies are required for high performance, corrosion resistant, and aesthetically enhanced metal components. Government schemes like ‘Make in India’ and production linked incentive (PLI) schemes play a major role in the growth of this sector and one of the major factors behind this is the rise in domestic manufacturing. These policies stimulate investments into the manufacturing capabilities that in turn increase need for the surface treatment and finishing solutions. In addition, environmental regulations are becoming more stringent and are forcing companies to use eco-friendly and sustainable metal finishing processes. Demand for such specialty metal finishing services also stems from the expansion of the electric vehicle (EV) industry, especially in battery components, connectors and lightweight structural materials. Like the electronics sector, the enhancements in precision plating techniques have increased conductivity and durability.

The integration of automation and Industry 4.0 technologies in metal finishing processes is gradually becoming a norm for Indian companies that are looking to increase efficiency and reduce waste of material. The need to have a durable, corrosion resistant, and eye catching coating is driving the customers to demand for new and advanced coatings from the service providers, who are offering advanced coatings, anodizing, and powder coating solutions. However, the challenges are also there; the raw material prices are fluctuating and environmental norms are there, but innovation in sustainable and high performance coatings is setting the course in the industry.

In this special issue, we introduce you to the top companies from this segment. Industry Outlook has identified the select few companies that have done particularly well with a high level of dedication. We have found that they have gone the extra mile in proving their commitment to excellence in an integrated manner.

We welcome your feedback and suggestion that you may have concerning this special issue.