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According to a report by NRI Consulting and Solutions, which Mr. Sharma has co-authored, the market size of Indian tooling industry stands at ₹15,000 crore, with more than half of the total demand attributed to the automotive and auto components sector.
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said. The tooling industry plays a key role in the manufacturing value chain by providing dies and moulds needed for mass production of various parts, forming the backbone of industrial growth. <span>According to a report by NRI Consulting and Solutions, which Mr. Sharma has co-authored, the market size of Indian tooling industry stands at ₹15,000 crore, with more than half of the total demand attributed to the automotive and auto components sector. “Most major global auto manufacturing hubs have a robust domestic tooling industry, with India being a notable exception, where a significant portion of tool demand is still met via imp


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