Why It Is the Right Time to Install Structure Rolling Mill in India

It is often believed that steel is one of the building blocks of an economy. Since the days of the Industrial Revolution iron and steel have occupied center stage in any growing economy. With India being among the fastest growing economies in the world there are good reasons you can set up a rolling mill and become a part of this growth. Here are some reasons why it is the right time to install a structure rolling mill in India. 

# $1.3 Trillion Housing Boom

The government has taken the initiative of providing ‘housing for all’ by the year 2022.  Add to it the huge housing boom that is happening in the country thanks to thousands private projects it is estimated than 60 million new homes would be constructed by 2024. Here steel and cement industries are the ones who would benefit most from the boom. If you can put up a successful structure rolling mill taking into account these market projections you are sure to become a part of this profit making opportunity. 

# Massive Infrastructure Projects

Over the last few years there has been massive push in public infrastructure initiatives. It is estimated that more than $100 billion dollar would go into roads and rail development projects in the next five years. As the government looks forwards to connecting the hinterland with multi-lane state and national highways and Indian Railways taking up many new projects there would be massive demand for steel. There is a huge capacity deficit among large plants and this has to be fulfilled by smaller rolling mills. This creates the perfect opportunity for you to enter the market or increase your capacity. 

# Manufacturing Industry to Grow

If the last two decades witnessed the massive growth of service industry in India the coming decades would see huge growth in the manufacturing industry. The government has taken up a massive Make in India initiative and this would create a huge demand for manufacturing units across the country. Unlike service industries which were concentrated in few pockets, manufacturing units would mushroom all over the country and this automatically would translate into business for steel rolling mills. 

There is a lot riding on these projects and it offers you the perfect opportunity to set up your structure rolling mill.

Summary

In this write-up discuss some of the opportunities that one can explore by setting up a structure rolling plant in India.