Posts

Showing posts with the label India Stainless Steel Market

India Stainless Steel Market 2016-2026: Trends, Opportunities, and Forecasts | TechSci Research

Image
Developing manufacturing sector, rising demand from transportation and railway industry along with support from government initiatives to drive India Stainless Steel Market through FY2026 According to TechSci Research report, “ India Stainless Steel Market  - By Grade (200 Series, 300 Series, 400 Series, Duplex Series and others), By Product (Flat and Long), By Application (Consumer Goods, Building and Construction, Automotive and Transportation, Heavy Industry and Others), By Region, Competition, Forecast & Opportunities, FY202 6”,  India Stainless Steel Market was valued at USD9.67 billion in FY2020 and is projected to grow at a CAGR of around 6.87% during FY2021 – FY2026 predominantly due to increased demand from consumer goods and construction sector. The growth of the Stainless Steel Market is mainly due to the growing construction activities and urbanization in India. Moreover, growing advancements in automotive and railways sector is further bolstering the growth of...