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Jindal Stainless see business opportunities in domestic automotive industry-The 20th China(Guangzhou)Int'l Stainless Steel Industry Exhibition
9/7/2018 不锈钢展-不锈钢展会-效果最好的不锈钢展会- Stainless Steel Exhibition |
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Zee Business reported that country''s largest stainless steel maker Jindal Stainless Ltd will tap the growing business opportunities in the domestic automotive industry. Mr Vijay Sharma, Head Sales, Jindal Stainless said that "The Indian passenger vehicle manufacturing industry became the fourth largest in the world, with sale increasing to 4.02 million units in 2017. Overall, auto sector consumes nearly 2 lakh tonne of stainless steel in a year. The Indian automobile sector is pegged to grow at a rate of 15 per cent per annum, providing enough scope of growth to domestic producers of stainless steel. Jindal Stainless is eyeing the auto sector in a big way. The company plans to triple its supplies towards this segment in the next 5 years.”
Mr Sharma said that according to the 2020 BSVI norms, stainless steel is the most preferred metal for exhausts. It is the ideal metal for meeting the demands of the automotive industry given its resistance to heat, pressure, and ageing. He added that "The aesthetic appeal of stainless steel is another added advantage. The high strength-to-weight ratio and improved slide-ability, higher weldability, and corrosion resistance, even in wet abrasive applications, make it an optimum choice for usage in this sector. It is used in vital components such as vehicle exhaust, disk brakes, catalytic converters and specialised parts of diesel turbochargers.”
At present, domestic automotive sector''s 60 per cent demand of stainless steel is met through JSL. The company supplies stainless steel to major auto players like Honda Group, Yamaha, Bajaj, Ashok Leyland, Tata Motors, Toyota and others.
不锈钢展-2019第二十届广州国际不锈钢工业展-效果最好的不锈钢展会-The 20th China(Guangzhou)Int''l Stainless Steel Industry Exhibition
- Stainless Steel exhibition,2019
Stainless Steel exhibition, China
Stainless Steel exhibition, Guangzhou
Stainless Steel expo,Guangzhou Stainless Steel exhibition,
2019 Stainless Steel expo, China Stainless Steel expo
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