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Introduction
Jindal Stainless, India’s largest stainless steel manufacturing group, is ready
to partner the process of shaping a sustainable automotive segment in the
country. Vijay Sharma, Head, Sales, Jindal Stainless said, “Jindal Stainless
has registered a growth of 25% in the automotive sector in the last financial
year, by virtue of its continued investment in innovation and a focus on
import substitution. We have the capacity and capabilities to meet the
growing stainless steel requirements of auto segment in the future as well”.
Last year, India became the second largest producer of stainless steel in the
world. As the market leader in Indian stainless steel industry, Jindal Stainless
has successfully partnered with and gained the trust of automotive stalwarts
like Honda Group, Yamaha, Bajaj, Ashok Leyland, Tata Motors, and Toyota.
This has been achieved through an extensive network of sales offices and
warehouses in western India. As per industry estimates, the automobile sector
accounts for around 7.1% of the country's gross domestic product (GDP), which is
expected to go up to 12% in the next decade. A growth of 14.78% in FY18 was also
recorded in this segment. India remains a prominent auto exporter and has strong
export growth expectations in the near future.
USES OF STAINLESS STEEL IN AUTOMOBILE INDUSTRY
In order to keep in line with stringent norms of pollution control agencies and
safety organizations, automobile industries have been extending their best efforts
to enhance the strength weight ratio. And it is really not surprising to see
automobile industries moving towards effective utilization of stainless steel to
achieve their intended target.
Yes, with excellent corrosion
resistance and highly desirable mechanical properties, stainless steel has emerged as
one of the main material of construction in automobile industries. Recognized as
one of the leading stainless steel manufacturers in India, it is indeed our privilege
to illustrate the uses of SS in automobile industry. \
NEED FOR STAINLESS STEEL IN AUTOMOBILES
How come the pollution control norms, weight of the vehicle and usage of
stainless steel are linked? Well, it is a known fact that reduction of 10% in weight
of the vehicle would automatically translate into 5% less of fuel consumption.
With less fuel utilized, the quantum of pollution would also come down. As high
strength steel paves way for reduction in kerb weight, it is a win-win situation for
all concerned players!
FERRITIC STAINLESS STEEL IN AUTOMOBILES