Thanks to the auto boom in India. The demand for Spring Steel Strip has increased 3 folds in the last 5 years. The market seem to increase at a constant pace of 15% every year.
Futhur to this, Tha Tatas are setting up plants for their 1 lakh rupees car. If this project of Tata is fulfilled the demand will grow manyfolds.
Besides the Exports for this particular product is on the rise. Good quality at the right price is reason behind the success of the Indian Manufacturers in the Export Market.
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