Aug 22, 2025
Foundry Hotspots: Why Coimbatore & Rajkot Lead India’s Casting Boom
India is rapidly transforming into a global hub for metal casting and foundry manufacturing. Among the key cities leading this transformation are Coimbatore and Rajkot, which together contribute significantly to India’s casting industry’s growth. In this blog, we explore the reasons behind their success, supported by relevant statistics, data insights, and industry trends.
Coimbatore Foundry LMW: The Heart of Steel Casting Innovation
Coimbatore is home to some of India's top foundries, notably Lakshmi Machine Works (LMW), known for high-precision steel casting. The city's foundries focus on quality, innovation, and sustainable manufacturing practices.
Key Stats
- India’s total steel casting market was valued at USD 12 billion in 2023, with Coimbatore contributing roughly 30%.
- Coimbatore's LNMW foundry produces over 10,000 tons of steel casting annually, serving automotive, heavy machinery, and aerospace sectors.
- The region boasts over 150 leading foundries specializing in steel, iron, and aluminium casting.
Rajkot Foundry: The Hub of Metal Casting Excellence
Rajkot's reputation in casting manufacturer Rajkot and metal casting Rajkot has grown due to the city's specialization in iron casting and aluminium casting. The city supports over 200 foundries, catering mainly to automotive, pump manufacturing, and infrastructure industries.
Key Stats
- Rajkot’s iron casting industry has experienced a compound annual growth rate (CAGR) of 10% over the past five years.
- The city exports approximately 20% of its casting products to other countries, including the Middle East and Southeast Asia.
- Aluminium casting production increased by 15% annually between 2019 and 2023.
Comparison of Casting Types in Rajkot (2023)
| Casting Type | Production Volume (Tons) | Market Share (%) | Growth Rate (2019-2023) |
|---|---|---|---|
| Iron Casting | 50,000 | 45% | 9% |
| Aluminium Casting | 30,000 | 27% | 15% |
| Steel Casting | 20,000 | 18% | 10% |
| Others | 12,000 | 10% | 7% |
Comparison table of casting types in Coimbatore for 2023
| Casting Type | Production Volume (Tons) | Market Share (%) | Growth Rate (2019-2023) |
|---|---|---|---|
| Steel Casting | 35,000 | 35% | 8% |
| Iron Casting | 40,000 | 40% | 7% |
| Aluminium Casting | 15,000 | 15% | 10% |
| Other Castings | 10,000 | 10% | 9% |
Why Are Coimbatore & Rajkot Leading India’s Casting Industry?
1. Advanced Infrastructure & Technology
Both cities have invested heavily in modern foundry technologies, including automated moulding and metal pouring systems, resulting in 10-15% higher productivity.
2. Skilled Workforce & Industry Clusters
With over 200 engineering institutes nearby, a highly skilled workforce is readily available, which keeps quality standards high.
3. Diverse & Custom Casting Capabilities
From steel casting for heavy machinery to lightweight aluminium components, these cities cater to various industrial sectors with tailored solutions.
4. Cost-Competitiveness
According to industry reports, manufacturing costs in Coimbatore and Rajkot are 15-20% lower than in traditional manufacturing hubs like Mumbai or Delhi, primarily due to efficient supply chain management and competitive labor costs.
Statistical Insight
According to the recent India Foundry Industry Report 2024, the growth rate of the casting industry in these regions is projected to outpace national averages by 3-4 times in the next 5 years.
Outlook: India’s Casting Boom
The global demand for castings is expected to reach USD 20 billion by 2027, with India holding a significant share due to its expanding automotive, aerospace, and infrastructure sectors.
Conclusion
Coimbatore and Rajkot are undoubtedly hotspots for casting manufacturing in India, thanks to their robust infrastructure, skilled labor, and innovative technologies. As demand continues to grow in industries such as automotive, aerospace, and heavy machinery, these cities will remain at the forefront of India’s.
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