Metal casting market size in India | Industry Trends & Forecast 2025

Code: MTA10133 Publication Date: Oct 2025

What is the growth rate of the India Metal Casting Market?

According to 6Wresearch internal database and industry insights, the India Metal Casting Market is expected to grow at a CAGR of 5.51% during 2025-2031.

The key growth drivers are the increasing production of automobile vehicles, growing infrastructure developments, and growing demand from the machine manufacturing and construction industries.

Growth Factors for India Metal Casting Industry

  • Increasing demand from the machine and construction-related industries.
  • Government efforts support manufacturing and industrial growth.
  • Increased efficiency and quality from employing modernised casting technologies.
  • Sustained demand for lighter-weight components from the automotive and aerospace sectors.
  • Increased export opportunities based on competitive pricing and improved quality.

India Metal Casting Market Trends

The Indian metal casting industry is undergoing significant trends driven by advancements in manufacturing technologies and changing industry demand. There is an increasing focus on manufacturing lighter and more durable components, particularly in the automotive and aviation industries. Modernised casting technologies, such as additive manufacturing and precision casting, are also beginning to change product quality and unit cost efficiencies. Sustained and increased attention to sustainability with casting foundries focusing on energy efficiencies and emission reductions also signifies a changing trend. Each of these trends is significant for the future of the metal casting industry in India.

Emerging Developments in the India Metal Casting Market

The India Metal Casting Market is witnessing notable developments, including the integration of Industry 4.0 technologies such as automation, robotics, and data analytics in casting processes. This integration is leading to improved precision, reduced lead times, and enhanced production efficiency. Additionally, there is an increasing focus on producing components for electric vehicles (EVs), necessitating the development of lightweight and high-strength materials. The market is also seeing growth in the adoption of additive manufacturing techniques, allowing for complex geometries and customized solutions in metal casting.

List of Leading Companies in the India Metal Casting Market

Some of the leading companies include:

  • Tata Steel
  • Mahindra Susten
  • Larsen & Toubro
  • Kirloskar Ferrous Industries
  • SML Isuzu
  • Bhilai Steel Plant
  • Jindal Steel and Power

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