Digital Payment Is Fastest Growing Segment Fuelling The Growth Of India Automotive Stamping Market
One of the key trends in the India automotive stamping market is the adoption of advanced stamping technologies such as progressive die stamping and tandem stamping to achieve higher production outputs. Progressive die stamping facilitates multi-step stamping operations with a single press stroke, while tandem stamping employs two or more stamping presses configured in series to double production capacities. Another notable trend is the increasing emphasis on lightweight materials such as aluminium and magnesium alloys in auto body panels to curb overall vehicle weight and comply with fuel efficiency norms.