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PM's Made in India vision elevates Indian steel forming to global leadership
Mint Mumbai
|September 19, 2025
India’s steel forming industry is expanding rapidly, driven by infrastructure growth and global engineering trends.
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According to IBEF, the Indian steel market is set to grow at 8.3% CAGR, from $103 billion in 2024 to nearly $167 billion by 2030. Forged steel, a key precision-forming segment, is also set to nearly double from $5.2 billion in 2024 to $12.1 billion by 2033 (9.8% CAGR). Against this backdrop, the Made in India brand is gaining global recognition for quality, engineering, and resilience.
Dhirendra Sankhla, director, Mother India Forming Pvt. Ltd (MIF), a Bengaluru-based company serving over 100 national and global clients with precision steel forming solutions, talks about how the cold-formed steel market is set to evolve, the challenges that lie ahead and much more.
Made in India seen in advanced steel forming?
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