Husky opens Chennai, India, operation

By Satnam Singh
Correspondent

Published: February 15, 2012 6:00 am ET

Related to this story

Topics Injection Molding Machinery Molds/Tooling
Companies & Associations

NEW DELHI (Feb. 15, 2:20 p.m. ET) — Husky Injection Molding Systems Ltd. has opened its new factory in Chennai, India, targeting both that country and other nations in the South Asian Association for Regional Cooperation, which includes Bangladesh, Pakistan and Sri Lanka.

“We have invested about 100 crore (1 billion rupees, or US$20.3 million),” said N. Hari Prakash, managing director of Husky Injection Molding Systems (Chennai) Pvt. Ltd., in an interview at the Plastindia trade show. “This new facility would allow us to provide prompt service in terms of local supply of spare parts to our growing clientele in the region with minimum downtime.”

Husky, based in Bolton, Ontario, said it has at least US$40 million in business from its Indian operations and expects sales to rise since it will no longer have to import as much from its European or Chinese factories.

“We are expecting a 10 to 15 percent hike in annual business,” Prakash said.

The 60,000 square foot facility will house a technical center and focus on mold conversion as well as mold and hot runner refurbishment for local preform manufacturers. Trial production in Chennai started in January, with commercial production set to begin in March.

At Plastindia, held Feb. 1-6 in New Delhi, the company showed its H-PET AE (all-electric) preform manufacturing system, making its public debut in India. The system was running a 32 cavity mold producing a 19 gram preform for a one liter water bottle.

The company was also showing its Ultra Sidegate and UltraSync hot runner systems for the first time in India.


Comments

Husky opens Chennai, India, operation

By Satnam Singh
Correspondent

Published: February 15, 2012 6:00 am ET

Post Your Comments


Back to story


More stories

Image

Niigata sells all 3 injection molding machines shown at NPE 2015

March 31, 2015 2:53 pm ET

Niigata sold all three injection molding machines displayed at its booth during NPE 2015 — and many more than that, officials said.    More

Image

Mucell adds polypropylene parts to its potential resin applications

March 30, 2015 11:59 am ET

Structural polypropylene applications are now candidates for the use of Mucell microcellular foaming technology.    More

Image

Light shines on plastics innovation

March 30, 2015 10:57 am ET

The Society of Plastics Engineers shone a light on the benefits of plastic at NPE with its Plastics for Life competition, with the Grand Prize going...    More

Image

Haitian aims to revolutionize US molders' purchase process

March 27, 2015 9:00 am ET

Haitian International Holdings Ltd. (Booth W3683) is introducing new machines to North American molders with four presses on display at its large...    More

Image

Flextronics launches global injection molding, tooling unit

March 26, 2015 4:29 pm ET

Flextronics International Ltd. (Booth S34125) is officially launching Precision Plastics, a global injection tooling and manufacturing unit, as a part...    More

Market Reports

Flexible Packaging Trends in North America

North America represents about 30 percent of the global consumption of flexible packaging. Annual growth in this region is forecast at 4 percent during the next 5 years.

For more insight on growth opportunities, drivers of growth and the outlook for 2015, download this report.

Learn more

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Plastics in Mexico - State of the Industry Report

This report analyzes the $20 billion plastics industry in Mexico including sales of machinery & equipment, resins and finished products.

Our analysts provide insight on business trends, foreign investment, top end markets and plastics processing activity. The report also provides important data on exports, production, employment and value of plastics products manufactured.

Learn more

Upcoming Plastics News Events

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

More Events