The welding industry in India is expected to experience significant growth, with the market size projected to reach USD 2.046 billion by 2032, growing at a CAGR of around 6.2%.
Industrial Growth Welding equipment market to hit $1.85B by 2030 (6.3% CAGR).
Government Push ‘Make in India’ targets 25% GDP from manufacturing.
Tech Advancements Automation & robotics adoption in welding processes.
Defense & Aerospace Investments Increased government focus on self-reliance in defense manufacturing.
Export Opportunities ‘Make in India’ attracting global demand for welded products.
Infrastructure Boom Increased demand for welding in roads, bridges, metro projects, and smart cities.
Steel Industry Expansion Rising demand due to construction & manufacturing growth.
Automotive & EV Rise India is the largest small car producer, increasing welding demand.
Energy Sector Growth Renewable projects boosting welding consumables demand.