Changing the outlook of Clamps, Clips & Couplings

While the World is busy to look at the emerging and growing IT industries, the growth and the prosperity of the clamp industry goes unnoticed. The annual summit of the Manufacturers Association has reported that the clamp industry, around the world is growing at the rate of 9.56% growth, annually, which is nearly 3 times the growth rate of the IT industry. The summit also pointed that the lower number of competition presence is further expanding the opportunity of the industry to gain a maximum capital turnover of nearly $1.2 billion, within the completion of the quarterly year. According to Katherine Lomba, the director of Norma UK, one of the World’s leading clamp manufacturers, said that the clamp industry is taking heavy assignments since the growth of other industries is associated with the development phase, which is increasing at twice its speed, when compared to the development rate during the last decade.

The clamp industry around the world, at present operates at $600 million turnover, quarterly and is expected to grow around $800-$900 millions till 2020. The high capital growth is the result of the growing demand of the manufacturing companies across the world. According to the sectoral report published by the international research institution, Nixon Research - stated that the manufacturing industry at the present is the highest rated industry in terms of ROI and ROE. The institute also reported that, India ranks 8th among other nations, valued based on its capacity to manufacture and produce other industrial goods.

Jolly clamps, one of India’s major manufacturers of T Bolt clamps, is also a leader in the manufacturers of Spring loaded T bolt clamps. Along with these Jolly clamps are also the manufacturers of mini clip and Hose clip clamps in India.  

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