Investment Casting China
Investment Casting in China has emerged in a really big way. In last few years China has established itself as World’s leading Manufacturer of Investment Casting.
Cost of Producing Investment Casting using Lost Wax Process in China is Cheaper as Compared to the Rest Of the world primarily because of Subsidies provided by the Government of China to the Lost Wax Casting Foundries of China as Government there has Recognized Investment Casting Business in China as one of the biggest growth drivers of the Economy of China.
After a lot of efforts by the Foundry Association of India, From Jan 2007 government of India has empowered the Investment Casting Companies of India by increasing the Quotas as well as offering Raw Materials like Zircon Sand, and Zircon Flour and Subsidized Rates. Mr. Raj Kumar (CEO, R.K. Engineers & Manufacturer) Said “All our Buyers in Europe and North America always agreed to the fact that Quality of Investment Casting in India was way better than Investment casting in China and their only reason for going to China was for Competitive in Pricing. We welcome this decision by the Ministry as this would empower Investment Casting Foundries of India to Compete with Investment Casting Foundries of China, Now in the Pricing Front as well”.
This News from the Ministry Could be the perfect Christmas Gift for the Investment Casting Companies of India.
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