Market Research Report Ductile Iron Pipe Market 2017,Ductile iron pipes m | Page 2

India DI & HDPE pipe market is expanding owing to increasing water development
infrastructure, increasing awareness on water conservation and aim to become 100%
open defecation free nation. India DI & HDPE pipe market is likely to have strong
linkages with investment in water infrastructure development and India is
witnessing huge investment in water projects under ‘Swachh Bharat Abhiyaan’,
Atal Mission for Rejuvenation and Urban Development (AMRUT) and various other
State level projects, the DI & HDPE pipe sector is anticipated to witness a bright
outlook in upcoming years. Ductile Iron Pipe Industry Growth ,Ductile Iron Pipe
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The major aim of these projects is the make sure that every citizen of India has
optimum access to safe and hygienic drinking water. The government of India has
been focusing on providing housing to each and every citizen of India by 2022. Rise
in number of houses in the country will increase the need for constructing pipe
infrastructure to transport water.
Modi Government introduced ‘Make in India’ initiative on September 25 th , 2014. The
primary goal of this initiative is to make India a global manufacturing hub, by
encouraging both multinational as well as domestic companies to manufacture their
products within the country. Make in India has introduced multiple new initiatives,
promoting foreign direct investment, implementing intellectual property rights and
developing the manufacturing sector. This initiative has aided the domestic as well
as foreign pipe manufacturing companies through its easy reforms and regulations
to setup businesses in India. Many irrigation projects and dams are under-
construction to aid the pipe market in India.
Increasing population rate, rising FDI in construction and development, high
investment in improving gas distribution network and increasing number of
housing units are some other key factors that may have positive impact on the
market creating additional and replacement demand in the future, according to the
Analyst at Ken Research.
Ken Research in its latest study, India DI & HDPE Pipe Market Outlook to 2022,
suggests that demand of DI pipes in the market will continue to dominate in India
owing to huge investment in water infrastructure, improving sanitation facilities and
increasing awareness on using good quality pipes. The HDPE pipe market will grow
on account of improving irrigation infrastructure, high demand of HDPE pipes for
water supply in industrial & commercial sectors and enhancing gas distribution
infrastructure. HDPE pipes are low weight pipes with longer lifespan and they are