Study on Foundry Industry, Belgaum
Basic technologies have not undergone much change but the emphasis has changed. The world has become more environmentally conscious and technologies have to conform to more and morestringent environment norms.
The U.S. foundry population has declined by about one-third over the last 20 years largely due to the cost of legislative compliance. This has given the Indian producers a good opportunity for export market. But then a reemergence in the developed worldwould be with cleaner technology. A study conducted by EXIM bank has shown that in the last 10years the exports of castings from India have increased seven-fold.However, there is a still lot need to be done. Even with these improvements the export of castingsfrom India amounted to only one percent of the world requirement. In the near future there will beample scope for the Indian foundry Industry to forge strategic alliances with their counterparts inthe developed countries which are on the verge of closure primarily due to three major reasons:waste disposal and highly stringent pollution control regulations, high manpower costs, and acuteshortage of trained personnel to work in foundries. This is where Indian foundries can make their presence felt in the international market by approaching foreign foundries to source castings fromIndia at more economical prices and thus enhance their market share. In order to do this, Indianfoundries have to equip themselves with the latest technologies such as Automation, CastingSimulation etc. Indian foundry industries can not afford to ignore environmental implicationswhich will also become stringent in terms of implementation of compliance.
The industries alsohave to strive to adopt ecofriendly technologies.With the Indian government taking the path of de-regulation, open economy & globalization, manynew green field foundries were set up, with modern equipment like High pressure moldingtechnology, automatic sand plant and latest in NDT like spectrometer, magnetic particle testing,ultrasonic & X-ray examination.