Market

 

The Market potential in India

 

Even before the recent period of boom in manufacturing in India, the country had a considerable shortfall in production capacity of Fine Blanking Components. Major auto companies were importing fine blanked components from Europe at a higher cost. World over companies constantly have been converting many components from conventional production processes to Fine blanking because of huge savings in cost and time. In India the capacity was not enough to serve even existing demand and hence conversion of processes to Fine blanking was not even being thought of seriously. Hence there exists a huge opportunity for ATV to tap the market in terms of cost competition, import substitution and optimisation of production processes