For manufacturing of small
products to big parts metal performs vital role in industries. If we
are talking about casting product manufacturing industries then
India is one of the leading nation
in the world
and the competition in India has expanded exponentially due to the
new entrance
in the casting industry.
Casting manufacturing foundries
face onerous problems
in searching
the experienced
and skilled
labor who have
ability of
understanding and
utilizing the advanced
manufacturing equipments for
the production of castings. High quality
level of
precision and commitment is required to for the production and on
time delivery on these castings. Casting
parts manufacturing
foundries
getting
huge challenges while manufacturing the castings of desired shape,
quality and
range.
Some of the raw materials
required for the production of the castings are ferro alloy, pig
iron, low ash coke and scrap and most of these materials are been
subjected to price rise during the last few years. This hike in the
price of the raw materials has put across a major hindrance for the
casting
exporters.
Price hike has particularly affected the small scale castings
manufacturers rather that
the large scale companies who generally opt for
long-term contracts with fixed price.
Reluctance of the labor to
accept new technologies introduced into the markets is a stumbling
block for the casting
foundries
to gain advantage and outperform the exporters from other countries.
Retaining the skilled labor is also becoming hard these days as they
are lured by other sectors. The other challenges producers
encounter are the frequent power failures and the expensive energy
costs. Energy costs are rather expensive in India when compared to
other countries.
Energy is paramount when it
comes to industries, as all the machineries in the industries require
energy to operate. In order to increase casting
parts manufacturing business
all over the world high import duty should be decreased which
encourages the casting
manufacturers
to spread their business.
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