Röchling Starts Production in India
Roechling Engineering Plastics (India) Pvt. Ltd. inaugurated its first manufacturing plant for Thermoplastics in Savli, Vadodara District, Gujarat. While the globally acting Röchling Group, based in Mannheim/Germany, has been active in India through its wholly owned subsidiary for more than a decade, the opening of the Vadodara plant signifies Röchling’s long term commitment to the Indian market and industry.
In a function attended by its leading customers, distributors, clients and well-wishers, Ludger Bartels, COO of the Röchling Group cut the ribbon and inaugurated the factory and office complex. Georg Duffner, CEO of the Röchling Group, unveiled the foundation stone.
Speaking at the event, Manoj Kumar, Managing Director, in his welcome statement, announced: “Röchling plans to produce approximately 1,000 tons of engineering plastics in India in the year 2014 and future expansions are already planned”. He expects the employee strength of 40 to increase to 65 within this year. Working closely with its suppliers and clients, Röchling generates employment for at least 100 more people in different parts of India.
Construction of the new plant began in November 2012 and was completed in October 2013. Modern machines were imported from Germany and installed during this period. Manufacture of sheets and profiles of Ultra High Molecular Weight Polyethylene and its variants, sheets and rods of Polyacetal (POM), Polyamides (PA6) and their variants commenced in the end of 2013.
Currently the Indian plastics market is poised to grow at 14 per cent per annum which is almost twice that of the GDP growth of India. Even with a three-fold growth in the last decade, at 9.2 kg per capita consumption, the current Indian market is far behind the average global consumption leaving a huge opportunity for growth for plastics manufacturers, stockists, distributors, and product developers.
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