3 Trends Setting the Pace for Metal Fabrication in India

The metal fabrication industry of India is considered as one of the shining examples in the global fabrication industry. A wide range of developments have taken place in this sector during the last decade. As far as the global scenario is concerned, the metal fabrication industry has been forecasted to grow at a CAGR of 5.5 percent during the tenure of 2020-2025. In 2015, net worth of this sector was valued at $16 Billion which is most likely to reach a net valuation of $24 Billion by 2024. India being a rapidly emerging player of this industry is set to contribute further value to the industry and significantly contribute to the GDP of the country.

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