Rising Metal Industries: How Castings, Forgings & Fasteners Stocks Could Shape the Indian Market in 2025 Part 1

Industry Growth Projections Castings: Expected to grow at a CAGR of 6.7%, reaching $17.6 billion by 2028. (Source: ***** Forgings: Projected to expand at a CAGR of 10.69%, increasing from $4.32 billion (2021) to $8.0 billion (2029). (Source: ***** Fasteners: Anticipated to reach ₹7,706 billion by 2025, growing at a CAGR of 6.5%. (Source: ***** Key Growth Drivers Automotive Industry Expansion: India is the 4th largest automotive market globally. High demand for vehicle components like castings & forgings. (Source: ***** Infrastructure Development: Government focus on roads, bridges, and urban projects boosts demand for industrial fasteners. (Source: ***** Technological Advancements: Adoption of 3D printing and automation enhances efficiency in castings and forgings manufacturing. (Source: *****