P M TRENDS IN INDIA

The Indian P/M industry is growing and offers opportunities for invest ment Major parts applications include automobiles, motorcycles, scoote rs, appliances and textile machinery. The expanding auto industry and new joint ventures offer new opportunities for P/M. India produces fer rous and nonferrous powders, conventional P/M pan's and bearings, fric tion materials, high speed tool steels, electrical contacts and cement ed carbides.