Industrial Products Finder - September 2019
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IPF Sept 2019 had 4 Focus Sections – "Pumps & Valves", "Chemical, Pharma and Food Processing Equipment", "Welding & Fabrication" and "Paints & Varnishes". Agriculture and domestic segment of the Indian pump market is highly fragmented and competitive, while industrial pumps - which serve sectors such as water & sewage treatment, power generation, oil & gas, metals & mining and others - are technologically intensive. IPF Sept 2019 explains how the need for energy conservation is driving manufacturers to use latest technologies for making pumps which are smart, efficient and consume less energy. The Indian food processing equipment and machinery industry mostly comprises SMEs – with small players accounting for 85% of the market share. While medium & big players mostly import critical components, small scale food processors, due to their inability to pay huge bills, choose locally fabricated machines and equipment. IPF Sept 2019 tracks how equipment makers are developing specialised products for SMEs by addressing their concerns like energy bills and cost. With the government, under Make in India initiative, aiming to boost manufacturing sector’s contribution to the GDP from 16 per cent to 25 per cent, welding industry – used to provide a strong bond between materials - is poised to scale new heights. IPF analyses technological trends in welding and fabrication industry. With industrial paints, coatings and varnishes sector has experienced a shift from unorganised to the organised market with the GST introduction. The current turbulence in automotive sector, being the highest consumer of industrial paints, has put coating businesses under pressure. IPF Sept 2019 takes a look at the current conditions and identifies possible avenues for growth in the future.
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