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Growth Opportunities

The forging industry is a major contributor to the manufacturing sector in India. The installed capacity of the Indian forging industry during 2012-13 was 3.8 million metric tonne (mmt) against which total production was 2.1 mmt. The production fell to 2 mmt in 2013-14 and is expected to increase marginally to 2.3 mmt during the current year

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