India continues to ride along an impressive growth curve, thanks to its growth trajectory based on self-reliance. Today, we are the world’s second-largest manufacturer of castings. The Indian foundry industry has a turnover of around $20 billion, with exports touching approximately $3.54 billion. The country produces an estimated 12 million MT of various grades of castings every year, adhering to international standards from approximately 5,000 production units. The challenge starts precisely here. Of these 5,000 units, 85 percent are classified as small-scale units, 10 percent as medium, and only five percent as large-scale units. The anticipated growth of India's casting industry—a $25 billion market by 2025—hinges on the strategic organization of the currently unorganized sector, enhancing profit margins, and expanding and raising the number of large-scale operations.
Our subscribers play a decisive role in finalization of our annual list of "Top 10 Steel Casting Companies - 2024" by recommending those which have served them with excellence and are praiseworthy. If you feel there is a company that deserves to be on our annual list, do write to us about them mentioning their value proposition.
Mukul Jain, Executive Director
Bhilai Engineering Corporation
The company focuses on retaining & developing contextual workers, ensuring their success and capitalizing on strong market demand for future growth, also specializes in producing world-class engineering products
Sandip Poddar, Owner
Crescent Foundry
The manufacturers, suppliers and exporters of cast iron, counterweights, ductile iron castings and manhole covers and products comply with both national and international standards and cater to varied sectors
Indranil Dutta, CEO
Datre Corporation
The company uses a diverse array of alloys in its manufacturing process, aluminum, copper, chrome and more, which are utilized as both ore and virgin forms alongside Mild steel scrap in the melting process
Kaushik Vekariya, CEO
Indian Foundry
The firm utilize advanced equipment and CAD technology to stay current with metal casting advancements, ensuring precision and efficiency for various industries with customized solutions to meet specific needs
Shanavaz K E, Joint Managing Director
PeeKay Steel Castings
The company uses advanced technology like AOD/metal refining converter, continuous casting, and automatic loop line moulding to produce and distribute steel castings to the industrial sector
Bramha Nand Singh, Chairman & Managing Director
Shivaani Alloy Steel Castings
A player in the manufacture of high quality alloy steel and iron casting products of different casting and composition in high and low grades and caters to wide industries
Dev Duggal, Business Head & MD
Shree Durga Foundry
Specializes in the production of C.I. casting, gray casting, close gray casting, graded casting, and casting supply for the textile industry's domestic & export needs, as well as for the automotive & engineering industry
Shreshth Madhogaria, Managing Director
Shree Jagannath Iron Foundry
Producer & suppliers provide a diverse selection of cast iron and ductile iron products such as manhole covers, fittings, gullies, valves, and gratings for industries such as railways, power, EPC, steel, and real estate
Avijit Mitra, CEO
Texmaco Rail & Engineering
The company is involved in the business of manufacturing of rolling stock, such as wagons, coaches, EMUs, loco shells & parts, hydro mechanical equipments, steel castings, rail EPC, bridges and other steel structures
Arjun Ramamurthy, CEO
Veesaa Foundry
Committed to offer a one-step solution for all casting requirement of customers, also excels in moulding, melting, pattern shop, core shop, fettling, amenities, sand plant and others
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