Tag: Indian Foundry

India: Foundry sector eyes $169 bn by 2047; IFEX 2026 highlights 9% CAGR growth and technology shift

Feb 14, 2026

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by

Shankar

in Melting Scrap

Sector scales beyond 12 mnt output toward value-added growth Automation, digital melting and scrap optimisation gain traction ESG alignment emerges as export prerequisite India’s foundry industry sharpened its long-term expansion roadmap at IFEX 2026, outlining a trajectory toward a $169 billion valuation by 2047, underpinned by an estimated 9% compound annual growth rate. With annual…