Nut & Bolt

Nuts and bolts, or industrial fasteners, are the key building blocks in the engineering, real estate, and domestic sectors. They are commonly used for joining parts of machinery and developing other structures, making nuts and bolts a highly demanded product on a global stage.

India is the top provider of nuts and bolts in the world. The country produces a variety of nut bolts manufactured from different types of materials, such as steel, zinc, brass, and titanium, that are used for different applications across different industries. 

Most of the nuts and bolts produced in the country are exported to China, the UAE, the UK, and Germany. In terms of value, the Indian bolt manufacturing company currently revolves around the 4 million mark and is expected to reach a turnover of 4.6 million during the fiscal year 2023. 

On the contrary, the bolt manufacturing industry is planned to grow at a CAGR of 5.5% by 2026. This growth will be mainly due to the mounting demand in the construction and automobile sectors.