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INDIAN FOUNDRY INDUSTRY LOOKS TO DOUBLE TURNOVER IN 3 YEARS

INDIAN FOUNDRY INDUSTRY LOOKS TO DOUBLE TURNOVER IN 3 YEARS
KOLKATA: The Indian foundry industry is expecting to double the revenue over the next 2-3 years with immense opportunities given in the Budget, an industry member said. However, cost push and uncertainty over the policies in the US for foundry and casting imports remain a matter of concern. "...Indian foundry industry is expected to double its revenue over the next 2-3 years with the huge opportunity which will be unlocked due to big push in railway infrastructure in the budget, defence and revival of automotive sector," Institute of Indian Foundrymen (IIF) President Anil Waswani told .

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