The aluminium die casting industry in India is a significant segment of the manufacturing sector, especially in the automotive industry. The market is expected to grow, with a forecasted CAGR of over 8.8% from 2021 to 2026. This growth is driven by the increasing demand for lightweight, non-ferrous metals in the automotive industry to improve fuel efficiency and reduce emissions.
Major players in the Indian aluminium die casting market include Uno Minda, craftsman automation, Jayahind Industries, Forace Indsutries, LK machinery, Protos Engineering, Magma Engineering India, Bühler India , Frech India, Tvenka Technologies, Maxop, Sandhar Group, Rockman Industries, Spark Minda Group and more. The market is segmented by production process, including pressure die casting, vacuum die casting, squeeze die casting, and gravity die casting, and by application type, such as body parts, engine parts, transmission parts, and other applications.
The industry faced challenges during the COVID-19 outbreak due to disruptions in the supply chain and halted production. However, with the recovery of economies, there has been a resurgence in demand, particularly for passenger cars, as consumer preferences shift from public transport to personal vehicles.
Aluminium die casting is a versatile manufacturing process used across various industries due to its ability to produce complex shapes with high precision and excellent surface finish.