BigMint x IIF Podcast | India Foundry Industry on the Global Stage
Continuing our series with IIF, BigMint sat down with Mr. Devendra Jain, MD, Porwal Auto Components & Past President of IIF, to explore India’s growing presence in the global foundry sector.
Key takeaways:
- India is now the world’s #2 foundry producer, growing 15–16% annually with output at 14.8M tons
- Nearly 30% of castings are exported, with strong demand from Europe, the USA, Africa & SE Asia
- EV adoption won’t majorly disrupt demand — heavy vehicles & core components still rely on castings
- Foundries are increasingly turning to solar & renewable energy, reducing costs and boosting sustainability
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Continuing our series with IIF, BigMint sat down with Mr. Devendra Jain, MD, Porwal Auto Components & Past President of IIF, to explore India’s growing presence in the global foundry sector.
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