The composition of the Indian forging industry can be categorized into four sectors - large, medium, small and tiny.
The Indian forging industry has evolved as a major contributor to themanufacturing sector of the Indian economy. The key demand driver is theautomobile industry.
The other industries that use forgings include Railways, Defence, OilExploration, Cement, Steel Industry and other engineering Industries.
65per cent of the total forging production is used in Automobile sector.