Welding consumable market is expected to grow at a CAGR 10-11% over the next five years

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The Welding industry in India has almost Rs. 4000 Crore market comprising of Welding consumables & Welding equipments. Welding consumable market is expected to grow at a CAGR 10-11% over the next five years from Rs. 2800 Crore to Rs.4250 Crore. On the other hand Welding equipment industry is expected to grow at a CAGR of 6-7% over the next five years from Rs.1150 Crore to Rs.1507 Crore.

The National Welding Seminar, 2016 was  inaugurated at Science city auditorium in the presence of Mr. David McQuaid, President, American Welding Society, USA, the biggest Welding Society of the world, Mr. G .K. Pillai, Managing Director & CEO, Walchandnagar Industries Limited, Pune, Mr. Neeraj Kant, Managing Director, Indian Steel & Wire Products(ISWP) Jamshedpur, Dr. Arun Kumar Bhaduri, Director, IGCAR(Indira Gandhi Centre for Atomic Research), Professor Satish K. Kailas, IISc. Bangalore, Prof Amitava De, IIT, Mumbai, Mr. R. Srinivasan President, IIW-India. After a gap of seven years The National Welding Seminar, 2016 is taking place in Kolkata as a part of the celebration of Golden Jubilee Year of IIW in 2016.

Other dignitaries who were present in the function were Professor P. K. Ghosh, Director, IIT Roorkee, Mr. Abby Joseph, Managing Director, Voestalpine Bohler, Mr. Rashmiranjan Mohapatra, Managing Director, Kemppi India, Mr. Gautam Banerjee, Managing Director, Kaiyuan India etc. A concurrent International Welding Technology Exhibition has also been inaugurated by Shri Sutanu Ghosh, President, Bengal Chamber of Commerce & Industry (BCCI) in the presence of other eminent personalities. The exhibition will continue till 17th December, 2016(10AM-6:00PM everyday & ENTRY IS FREE). Exhibitors from USA, Japan, Germany, and China have participated here.

IIW India is now recognized as the premier institute related to Welding in India, having over 4500 Individual and Industrial Corporate Members.

IIW (Indian Institute of Welding) is the premiere professional institute of welding in India engaged in the development of Welding Technology and dissemination of it for development of Engineers, Technicians, and Skilled Welders. Its National Welder Testing and Certification scheme which is now accredited by QCI (Quality Council of India) under International Certification standards, the only organization in India to achieve this.

In the Golden Jubilee year, through the national Welding Seminar(NWS, 2016) IIW is providing a dynamic forum for the attending professionals from Industry, Academia, Research Institutions, Engineering colleges and Service Providers to share, enhance and utilize the knowledge base in Welding, Cutting, Fabrication and Allied Technology in the pursuit of attaining the highest level of quality and performance.

The Weld India Exhibition is exhibiting industrial and various Allied Products, Simulators for Virtual Welding etc. End users and beneficiaries would get updated with the latest technology, products and prices. As the Welding industry is growing the need of qualified Engineers and Skilled Welders and Fitters etc is bound to take a quantum jump and IIW has set a roadmap in the Golden Jubilee year to meet the same with great success. Mr. David McQuaid, President, American Welding Society, USA said, “This event is playing a major role to showcase the strength of the Indian Welding industry. This is also a unified platform where global players are exhibiting the Latest Technology, Knowledge Base and Skill set.” Mr. G .K. Pillai, Managing Director & CEO, Walchandnagar Industries Limited, Pune, said, “There is a big opportunity for the Entrepreneurs who are interested to trade or install new products and technology. The job opportunity is high. One can get employment through various Training Sessions, Skill Development Programs where IIW is the Knowledge partner.”.

 

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