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Indian Fastener Industry Update- Largest Demand in Industrial Use, Followed by the Automotive Industry
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2013-05-10
Chairman Surinder of Fastener Manufacturers Association of India said there are over 360 association members. However, there are over 10 thousand fastener manufacturers in India. Industries in India have huge demand for fasteners.
In a report "Global Economies and Prospect of 2013" released by the UN, the exports and capital investment will show an uplifting trend over 2012 and the growth rate will gradually bounce back to the level of 6.1% and go further to 6.5% in 2014. Exports and and investment will go up.
