Modern mold industry has good prospects for development. Modern mold industry is an integral part of the high-tech industry, has a very important role for the promotion of the manufacturing modernization. As the basis for the manufacturing sector, the modern mold industry is constantly absorbing scientific and technological achievements, high-tech, the application of information technology, new materials and new technology, the transformation and enhance the level of the mold manufacturing technology industry, promote manufacturing modernization. International Mould & Metal & Plastic Industry Suppliers Association official said that the mold industry has gone through the hands of the workshop manufacturing and industrial production stage, today has entered the third stage of modern production. The modern production stage is characterized by the use of high-tech and standardization. CNC machining equipment, based on highly standardized, achieve mold CAD / CAE / CAM production, up to micron level accuracy of its type of processing, according to the mold size and complexity, the production cycle is only 90 to 20 days or less. Standardized mold only conduct single-piece production molds, with special technical and economic significance. Mold standardization include: mold design parameters of standardization, the standardization of common parts and components, parameters, the serialized production mold prototype system architecture design and its parameters, which is a prerequisite to achieve mold CAD / CAE / CAM.
Mold industry has a wide range of market demand. The mold is a key process equipment for industrial production. In electronics, building materials, automobiles, motor, electrical, instrumentation, home appliances and communication equipment and other products, from 60% to 90% of the parts have to rely on the molding. The pillar industry of the national economy can not do without the use of molds to manufacture a wide variety of parts which requires the mold industrial development with suitable. In many the project of merchants introduction, the establishment of the project often depends on the size, capacity and level of the area of mold production. Modern mold industry is not only a large number of domestic demand, but there is a large international market. In recent years, the total annual sales of global mold has been for more than 650 billion U.S. dollars, including the United States, Japan, France, Switzerland and other countries export about 1/3 of the total output. About $ 20 billion in Asia, including China in recent 15 billion U.S. dollars, accounting for 1/4 share of global mold. In mold product structure, China’s middle and low mold relative surplus, low cost-effectiveness, but the lack of the ability of high-grade mold. Each year need to import large quantities of large, sophisticated, complex, long-life mold.
World economic integration give China’s mold industry challenges and opportunities for development. Accelerate the realization of the modernization of the mold industry is an important guarantee to upgrade the manufacturing level and improve the manufacturing modernization, which in line with the country’s current industrial policy direction. Mold occupy an important position in the national economy, is a technology, capital, labor intensive industries. The developed countries have has been transferred the mold manufacturing to China. The influx of a large number of overseas mold enterprises brings advanced technology and modern management to promote technological advances of the traditional mold companies in China, but it also brings challenges. Although the level of mold design and manufacture behind the developed countries in general, gradually shrinking trend of the development of the industrial countries mold brought us unprecedented opportunities for development.
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Indian Art and Craft Industry- An Overview

India is a land where every corner is evident with the greatness of art and craft. The traditional quintessence of Indian art and craft can be seen even in the daily used objects like earthen pot, mugs, bed-sheets or any such things. The objects are created with a great creativity that portrays magnificent work of art. That is what Indian art and craft industry is!

Indian art and craft is an old saga. Although, the present state of the industry is flourishing with a touch of contemporary designs and patterns but it is deeply entrenched with the rich craft customs from the past. The uniqueness in the Industry lies in its own way.

India”s richness in art and craft can be seen in every product whether garments, Jewelleries or household furnishings. These products are a perfect mix of traditional designs and modern techniques. Due to their diversity in designs and their being utilitarian in nature, they are high in demand. This has given many Indian traders to invest in the industry and flaunt India”s custom across the world. Products such as table mats, napkins, bed sheets, lamp shades etc are made out astoundingly with the use of natural material, textile printing, block printing, tie and die, hand printing etc, and are much in demand. Gems and jewelries are other obsession of India. The rising demands in gems and jewelries have transformed Indian craft traditions into a full-grown organized industry. Garments such as woolen shawls and phirens from Himachal, traditional sarees ranging from Banarsi Amru, Tanchoi, Paithani, Patola, and Kancheevaram are the most popular export garments. Indias zardozi and brocade work are highly recognized these days. Other utilitarian craft products like cushions, curtains, bedcovers, sheets, metal furniture, wood furniture, boxes, cabinets, terracotta items, utensils, garden pots, papier-mch products, brass and silverware, carpets, rugs and durries from Kashmir, jute and coir items, wood and stone sculptures, traditional paintings, decorative pieces, embellished wooden sculptures, stone and wood carvings, and many more are on the rise in India as well as in abroad.

Here is the Swot Analysis of the Indian art and craft industry that gives you more information on the present status of the industry;

Strengths

“The industry has potential in domestic as well as international markets.

“It provides wide variety in each product and exhibit diversified culture of India.

“Industry caters to the different market sectors covering handicrafts, textiles and jewelries.

“Gives potential source of employment

“It requires low capital investment

“It is a great source of foreign revenue as it is a huge export industry.

Weakness

“Industry lacks communication and infrastructure

“Lack of co-ordination between Indian manufacturers-exporters and Government

“Inadequate information available on new technology

“Industry is still confined to rural areas of the nation

“No promotional support is given to the sector

Opportunities

“Emerging demands of Indian crafts across overseas

“Development of retail sectors and changing lifestyles offer huge requirements of such products

“Rise in the industry is due to development in tourism

“Internet has emerged as a mean to develop its market network

Threats

“Increasing competition in domestic markets

“Quality products manufacturing by countries like South Africa and China

“Better trade terms are offering by these countries

“Competing countries offer better technological support and R&D development facilities

“Challenge to establish balance between demand and supply of quality products

The reason why Indian art and craft is highly appreciated and constantly flourishing in domestic and foreign markets are due to its utilitarian nature and high acceptance among people of India and people across the whole world.