Babak Golriz, Head of Expanding Markets, stated: “We are in what we would like to call Phase 2 in India. This means more machines, more local production, and more space. We have doubled our lamination capacity over the past two months and are now in the process of expanding our system portfolio in India by investing in major tooling which has begun arriving since July. This would reduce our reliance on imports and cut down long supply chain processes. The final step in 2022 is expanding our storage facility and this would be complete before the end of the year - allowing us to utilize around 5,000 sqm of new space for profiles.”
The investment in India mirrors what the aluplast group has been doing globally over the past 18 months, having introduced its largest ever product suite in the energeto neo, whilst expanding operations in Poland, Germany, Australia, and the United States, among others.
Patrick Seitz, co-owner of aluplast, added: “India remains at the forefront of our ambitions in Asia. My family and the company have always believed in the future of the country and that is why we started very early, remaining patient and strategic with developments there. India plays a huge part of the group’s future goals over the next decade.”