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Jamnagar News

Sunday, November 23, 2008

Brass Parts Export Graph - 20- 60% Down

Jamnagar accounts for over 80 per cent of the total production of brass parts in the country.

This decline in demand for brass products is caused by two things, one due to price hike in raw material and fuel, On the other side export orders decline for the machine tools industry declined the exports to next 20-30%.

Eighty per cent of the 4,000 brass parts units in Jamnagar ( All small scale industries) are on the death-bed as the industry is plunging into a recession. out of total brass consumption of 50 lakh container per month, (each of 20 tonnes wight), Jamnagar accounts for 80 per cent of total brass components, this includes electrical, automobile or sanitary appliance items in India.

This year only Brass industry saw around 30 per cent decline in export revenues.

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