Forging Unit For Automobile Spare Parts
|The forging industry as it known today, make use of various type of forging equipments for the practical duplication of forged part for commercial use services. The era of modern growth in India has its first foot print on automobile industry. New model of cars, scooter, buses etc not only provided increased oxygen to auto ancillary industry but to many industries like steel forging and casting, automobile, paint etc. However, the trend in steel forging is encouraging in the automobile industry in last ten years. Automobile Industry share 70% of consumption of steel forging. The remaining is consumed by other end use segment mainly by capital goods sector which manufacture machinery, turbine, electric motor etc. The current demand of direct and indirect consumption is estimated at 320 thousand tonnes. In automobile sector, all the vehicle requires forged product for steering, gear etc. It is understood that higher the gross weight of vehicle higher is consumption of steel in tonnage. Today on an average, a heavy and medium duty vehicle require around 300 kg whereas car and jeep require 150 kg. The demand of forged parts in automobile sector is very good, so there is wide scope for new entrepreneurs to venture into this project.|
|Plant capacity: 6 MT / Day||Plant & machinery: 217 Lakhs|
|Working capital: -||T.C.I: Cost of Project : 435 Lakhs|
|Return: 42.00%||Break even: 63.00%|
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