India, a country the world is looking up to with rapt attention and renewed respect. Poised to catapult itself into scaling heights unfathomable a decade ago, the next twenty five years promise to be the most transformative Indian history has ever witnessed. We can become a $40 trillion economy by 2047 and the path to the future holds both daunting and rewarding challenges ahead.
Industrial grade fasteners witnessed a valued business of $88.43 billion in 2021 and the next ten years hold promise to see a rise at a CAGR of 4.5 percent. The business is staring at strong influences by a steadfastly growing demand for industrial fasteners in the Automotive and Aerospace industries backed up by significant developments in the construction industry, increased infrastructure building and spending amidst a growing population.