NEW YORK, May 3, 2021 /PRNewswire/ —

The foundry market in India is expected to grow by USD 12.23 billion during 2021-2025, according to Technavio. The report offers a detailed analysis of the impact of COVID-19 pandemic on the foundry market in India in optimistic, probable, and pessimistic forecast scenarios.

Enterprises will go through the Response, Recovery, and Renew phases.
Download a Free Sample Report Including COVID-19 Impact Analysis

The foundry market in India will witness a negative impact during the forecast period owing to the widespread growth of the COVID-19 pandemic. As per Technavio’s pandemic-focused market research, market growth is likely to increase in 2021 as compared to 2020.

With the continuing spread of the novel coronavirus pandemic, organizations across the globe are gradually flattening their recessionary curve by leveraging technology. Many businesses will go through response, recovery, and renew phases. Building business resilience and enabling agility will aid organizations to move forward in their journey out of the COVID-19 crisis towards the Next Normal.

This post-pandemic business planning research will aid clients to:

Adjust their strategic planning to move ahead once business stability kicks in. Build Resilience by making effective resource and investment choices for individual business units, products, and service lines. Conceptualize scenario-based planning to mitigate future crisis situations.

Download the Post-Pandemic Business Planning Structure

Key Considerations for Market Forecast:

Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior Optimistic, probable, and pessimistic scenarios for all markets as the impact of pandemic unfolds Pre- as well as post-COVID-19 market estimates Quarterly impact analysis and updates on market estimates

Related Report on Materials Include:

Global Steel Casting Market – Global steel casting market is segmented by application (automotive and transportation, construction and infrastructure, mining, power, and others) and geography (APAC, Europe, North America, MEA, and South America).
Download the Exclusive Free Sample Report

Global Iron Castings Market – Global iron castings market is segmented by product (gray iron, ductile iron, and malleable iron), end-user (automobile, industrial machinery, infrastructure and construction machines, power, and others), and geography (APAC, Europe, MEA, North America, and South America).
Download the Exclusive Free Sample Report

Major Three Foundry Market in India Participants:

Ashok Leyland Ltd.

The company offers solutions such as pressure die

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