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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?
Dit verhaal komt uit de September 19, 2025-editie van Mint Mumbai.
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