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Engineering is the largest among industrial sectors in India. It is diverse with a number of segments and can be broadly categorized into two segments: heavy engineering and light engineering. Engineering is relatively less fragmented at the top and more fragmented at the lower end in terms of technology and capital investment and is dominated by players.
The major end-user industries for heavy engineering goods are power, infrastructure, steel, cement, petrochemicals, oil and gas, refineries, fertilizers, mining, railways, automobiles, and textiles. Light engineering goods are essentially used as inputs by the heavy engineering industry.
The Engineering Components Includes the Following Product Categories:
Castings
Cast components like housings, shafts, covers, blocks etc. in cast iron as well as S.G. Iron.
Forging
Forged products including die-forging for the engineering sector.
Gears
Gears are critical part of the engineering industry.
Other Components
Draglines, Drill Pipes, Jigs and Fixtures for the Engineering, Mining and Other Core Industries.
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