The role of hardware ironmongery industry in India
The construction materials and the building hardware sector are included in categories of steel, equipment of construction and cement. The steel sector, which is also the hardware sector employs the most employees and is followed by the cement category. There are a series of tools and equipment needed by the construction industry for the various levels of construction. The construction needed outside and within the building need different hardware ironmongery that helps to build a house or a building. The hardware comprises of plates, bottom plates, tension clamps, aluminum connectors, hardware fittings, fabricated materials, and galvanized structures and more. All these are manufactured by the hardware industries that is today one of the core industries serving the Indian economy. The scope is immense in this sector with domestic players as well as foreign players keen to participate and invest heavily in the hardware ironmongery business. Today the country is progressing like never before and the real estate and construction business in on a full swing and so there is immense growth potential that is seen in this sector.
Growth and expansion
If you see the investors who are keen to invest in this sector, you will know the potential and the scope for growth here. The exports in this sector too are growing, and various countries are keen to buy the tools and cutlery to the high quality that is manufactured here as well as the cost. The available of the raw material makes it easy for manufacturing at a low cost and the technology used in machinery today is advanced and of international standards. The labor that we find here is in abundance with both qualified and also unskilled labor that is involved in the industry.
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