Supplier4Buyer has a database of around 2 million firms and 400+ industry categories helping businesses to advertise and generate leads. Sales in the automobile industry were affected due to lockdown but with new technologies and features, it is expected to increase in the coming years. This will boost the growth of mechanical parts and spares rapidly.
Let us discuss the Mechanical Industry in India and its growth in foreign and Indian markets. It will further take you to explore how can you enhance your business with Supplier4Buyer domestic and international packages.
Mechanical Industry in Covid19
Based on the latest trends and research on the Mechanical enterprise, we have combined some facts of this industry in national and internal markets.
- As many sectors that figure in India’s major exports also appear in India’s top imports, the import of these capital goods is critical for maintaining output increase. But it is seen that imports of heavy machinery and equipment, which are critical to our manufacturing and other industries, have been declining.
- At a cumulative annual growth rate (CAGR) of 5%, the motor vehicle parts market will rise to $2781.32 billion in 2021 and $3810.01 billion by 2025 at a CAGR of 8%.
- India’s GDP contracted by 23.9 per cent in the first quarter of 2020-21, while the manufacturing sector’s share of total gross value added (GVA) fell from 17.5 per cent in the first quarter of 2019-20 to 13.8 per cent this quarter.
- In Q1 of 2020-21, the manufacturing sector’s growth rate fell to -39.3 per cent. Manufacturing growth has slowed for the eighth quarter in a row.
- Globally, in 2020, Asia Pacific was the largest region in the auto parts market, accounting for 45 per cent of the total. Western Europe was the second most important region, accounting for 22% of the worldwide auto components market. In the global motor vehicle parts market, Africa was the smallest region.
Mechanical Parts and Spares by Supplier4Buyer
Mechanical Industry exchange is enormous and its exceptional makers are found on Supplier4Buyer b2b gateway from diverse regions of India, including significant urban areas like New Delhi, Gurgaon, Mumbai, Ahmedabad, Pune, Jaipur, and others.
Buyers across the globe will experience no difficulty discovering their design items, considering 12m+ members of Supplier4Buyer. Coming up next is a rundown of things accessible on Supplier4Buyer’s b2b portal.
- Air Springs And Compression Springs
- Alloy Metal and High Strength Bolts
- Alloy Metal and Industrial Nuts
- Alloy Metal and Machine Screws
- Alloy Metal and Machine Washers
- Automobile Fittings And Components
- Ball Bearing Assemblies And Components
- Bushings And Bushing Parts
- CAD CAM Design And Consultancy
- Clutch Clutch Parts And Accessories
- Forgings Forging Parts And Supplies
- Gearbox Axle Sprocket And Gear Parts
- Hydraulic And Pneumatic Cylinders
- Hydraulic And Pneumatic Machines
- Hydraulic And Pneumatic Tools
- Industrial Valves And Valve Fittings
- Manufacturing And Assembling Services
- Metal And Plastic Moulding Services
- Nails Fasteners Rivets And Shackles
- Rubber Gaskets and Gasket Material
- Seals Oil Seals And Industrial Seals
- Sheet Metal And Turned Components
Supplier4Buyer Packages for Mechanical Industry Exporters
For all the manufacturers and exporters of the Mechanical industry, the online market has a very high scope. With this, the b2b portal of Supplier4Buyer is glad to introduce 3 international packages and 7 domestic packages, each with its own course of action of advantages and some regular benefits referenced below.
Common benefits of each package: Individual domain (email IDs as per package selected), e-brochure download, PAN Indian presence, unlimited buyer inquiries, unlimited SEO keywords, keywords for ranking, online catalogue – language converter, google my business registration, customer social media networks creation, posts on supplier4buyer social channel, banner advertising – inside category, promote company 365 days
- Silver Package: 100 product profile with 400 images, 10 verified leads in a year
- Gold Package: 200 product profile with 800 images, 20 verified leads in a year
- Diamond Package: 400 product profile with 1600 images, 50 verified leads in a year
- Online Catalogue: 12 verified leads in a year, 3000 promotional messages with a brief profile and 50 pictures omitting ‘Google My Business Registration’, S4B channel posting and banner advertisement – inside category
- Value Supplier Package: 24 verified leads in a year, 5000 promotional messages, excluding S4B channel posting
Supreme Supplier Package: 120 verified leads in a year, 15000 promotional messages, product video presentation, WhatsApp connectivity