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Foundry Cluster Development Association

1 year ago

ID: #870991

Listed In : Business & Services

Business Description

Foundry industry in India, as we know it now, started around 1940 in Howrah and then later on spread to other states such as, Punjab, Gujarat, Maharashtra and Tamilnadu. At present around 500 units exist in West Bengal with an installed capacity of 1 Million tonnes. 95% of these units are concentrated in the district of Howrah forming an informal cluster.FCDA is the Special Purpose Vehicle (SPV) formed by the industry stakeholders, as required under the IIUS scheme of Government of India, to implement the Foundry Park Project. The Company was incorporated on 29.04.05, having its registered office at Kolkata, India.

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