Welcome to the website of Steel Wire Manufacturers
Association of India (SWMAI) - the apex National Body of Steel Wire
and Wire Rope Industry in India since 1968.
To comply with today’s changing business scenario
and the resulting changes in the activities of any association, it is much
necessary to have an website of each and every industry associations, giving out
information to all concern.
In 2005, the Global wire business has been
something like 43 million tons and in terms of Dollars it is US $ 20 billion.
This market is also expected to grow to some 54 million tons of wires by 2010
and in Dollar terms it would be something like US $ 25 billion. North America,
Europe and South East Asia each account for approximately 25% of the Global
demands for the Steel Wires. Coupled with this, if we look at the growth in
India, we are also growing at 5%-7% per annum. India has announced its “National
Steel Policy, 2005” aiming to produce over 100 million tonnes of steel by
2019-20.
A look at the exports of wires, we
would find that in the last five years there has been a slow and steady increase
of export of wires from our Country. However, if we look at the exports figures
of India it only forms 1% of the Global exports of wire business.
With the increase in global demands
of wire, there is a perceptible shift in the manufacturing locations of wire
business in the World. The developed countries of North America, Europe or the
developed adjacent nations are reducing their output and giving an opportunity
to the developing nations to absorb and acquire this share of production of
wires. Therefore, it is a clarion call to us to take the bull by the horns.
The Indian Wire industry must take
the full advantage of our production capacity, cost effectiveness, International
standard of quality, knowledge base and above all, our friendly and family-like
association with one another to march for a better tomorrow. SWMAI website is a tool for growth of
the industry.
I hope, everybody related with
the steel wire industry such as respective customers, raw material suppliers,
equipment manufacturers etc., will find this website useful. Your feedback and
suggestions will help us in improving and updating the site. I wish
all-out success to SWMAI and its members.
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