The metal cutting and recycling industries in India are showing a bright prospect due to the continuous growth in industrial sectors, infrastructure development and the global concern in proper management of natural resources. This calls for precision metal cutting as India grows more and more into a manufacturing nation, especially in the automotive, aerospace, defense and construction markets. This demand is the driving force towards better cutting technologies such as Computer Numerical Control (CNC) machining, laser cutting and water jet cutting with the objectives of enhancing accuracy and minimizing wastage.
Regarding recycling, the market of metals recycling in India is rapidly growing thanks to the rising concern of individuals and companies, as well as governmental support of green economy. Government initiatives toward sustainable development call for the recycling and utilization of metals to decrease the use of original resources hence cutting on effects on the environment. Recycling industry has also been boosted by the increasing cost of raw materials and increased consciousness of the people all over the world on environmental conservation. The growing urbanization and the improving per capita income is driving the infrastructure expenditure and consumer goods consumption that in turn triggers the metal cutting and recycling requirements. However, there are issues such as lack of recycling facilities and the requirement for professional workforce, but they are solvable problems and thus the future of the metal cutting and recycling markets in India is bright in the long run with constant investment in technology.
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.
