The investment casting market was valued at USD 14.09 billion in 2021, and it is predicted to reach USD 17.57 billion by 2027, according to Mordor Intelligence. Over the forecast period, the market is expected to grow at a CAGR of 4.58 percent (2022-2027). The growing process sector, automotive industry, and aviation industry are significantly driving the demand for investment casting. Furthermore, rising environmental consciousness and a greater emphasis on sustainable development are propelling market expansion. However, due to the lack of cost-effective technology in the industry, Indian companies remain heavily reliant on trained labor. Unpredictable demand in one industry might cause variable production graphs in others.
Leveraging latest technologies and machinery, Shree Matangi Investment Casting is a 20-year-old firm that has established itself as one of the most reputable investment casting manufacturing companies in Ahmedabad, Gujarat. Shree Matangi has worked in a variety of industries, including automobile, textile, refrigeration, process industries, and general engineering, wherein, it has been entirely focused on improving the capabilities of its valued customers' products. The company has been playing the role of a one-point-shop for development and supply of castings to its niche clients. Today, Shree Matangi Investment Casting is known in the market as an end-to-end solution provider who has been hand holding its clients right from designing the component to getting the components tested and measured.
“We help clients design their components which best fit a casting production, while optimizing their product requirements. We act as a single window solution, when it comes to casting, machining, additional finishing, assembling the part with few bought out components among other things,” says Pinank Shah, Director of the company.
“We have a young team of well experienced persons in the field of investment casting. Few of our key individuals have spent more than 20-25 years in the investment casting industry. Well qualified team with a positive mind set has led our company in this difficult arena. Each department is headed by experienced engineers who are trained to follow the conventional rules and theory of the production system. Also, we never hesitate to go out of the box to bring the needed innovation,” Pinank adds.
Ensuring Utmost Quality Standards
Shree Matangi Investment Casting has a robust infrastructure in place, with a manufacturing plant in close proximity to Ahmedabad. Every operation, including casting, machining, measuring, and testing, is conducted in-house. Further, the manufacturing plant is integrated with the latest machines and technologies to ensure that international grade standards are met.
The company has also developed a few testing devices, such as dynamic load test and static load test machines, to evaluate the strength of the casting according to the specifications of the clients. And to ensure strict quality standards are maintained, the company is certified with ISO – 9001:2015, PED 2014/68/ EU Annex I sec. 4.3, AD 2000 Merkblatt W0, EN 764- Para 4.2, and IATF 16949 : 2016. The foundry is also IBR Approved and components are RoHS compliant.
We act as a single window solution, when it comes to casting, machining, additional finishing, assembling the part with few bought out components among other things
Shree Matangi Investment Casting, as a system-driven organisation, is able to address acute difficulties at the early stages of development due to the competency of its skilled personnel, which is backed by past experiences and a well-documented history of each developed part in the past.
“We anticipate rapid growth in the near future. As new international borders open up for Indian business, we are uniquely positioned to make a mark in both the domestic and international markets. Going forward, we would be continuously improving our capabilities in order to stay ahead of the competition,” concludes Pinank.
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