Indian Market
- Market is growing at approx. 12%
- Care for environment is beginning
- ELV and RoHS norms adhered for Exports
- In Automotive component production India is next to China
- Second Generation – Educated Platers are beginning to manage business. Hence Technology is understood.
- Dependence on supplier is high for testing and Trials.
- Current demand is to meet the norms laid down by TIER I supplier – be a part of Globalization.
- Zinc Alloy plating demand, especially Zn Ni is growing in a faster phase as more and more stringent OEM demand.
- Electroless Nickel Plating market is also growing exponentially.