Ferrite Industry in India. Present Scenario and Future Outlook
Résumé
Present Indian ferrite industry has come long way. Commercial production of ferrites started in 1960's. The production of ferrites in 1990 was about 7000 MT which has grown to about 15000 MT by 1995 indigenously. Indian ferrite industry is now posed for big jump and now getting ready to compete in the world market. The major companies are now proposing for big expansions in their production capacities with a desire to become global player. These plans have got further boost due to new economic reforms initiated by the Govt. of India and helping the industry to increase their share in world ferrite market. The new liberalised policy of Indian Govt. have also attracted many foreign companies to set up their production bases in India. The present paper deals in detail the scenario of the Indian industry, availability of main input raw materials, new Govt. policies, opportunities for new ventures etc.
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