Engineering
FOUNDRY

The average productivity of Indian foundry units varies around 15-20 T/man/year compared to the world benchmark of 100 T/man/year in Germany. The industry should improve on both productivity and product quality.
Foundries in developed countries (US, UK, EU, and Japan) are gradually closing down due to their stricter environmental pollution norms. This gives greater scope for developing countries, such as China and India to export industrial castings to the developed world. To do this, Indian foundries should adhere to international quality standards in terms of dimensional accuracy and surface finish. Majority of Indian
foundries have low level of mechanization and limited access to world class manufacturing. Indian foundries should upgrade their technology to meet required international standard of industrial casting at cheaper price. They should also focus on manufacturing value added products.

Due to low level of mechanization, the productivity of this industry is very low. To meet world-class productivity
and quality, foreign investments are coming up in this sector to open new units of international standard. To meet the challenges, the producers should reengineer their production line. The government should lower import duty of pig iron and scrap so that the inputs are available to the foundries at cheaper cost.