Germany's Kayser Automotive expands to India, considers new production

By Satnam Singh
Correspondent

Published: March 31, 2014 1:05 pm ET
Updated: March 31, 2014 1:09 pm ET

Related to this story

Topics Asia Europe Automotive Injection Molding
Companies & Associations

NEW DELHI — Einbeck, Germany-based Kayser Automotive Systems GmbH opened its first design and sales office in India in December, and recently received clearance to open production in the country soon.

Kayser makes a range of plastics components for functional systems such as valves, lines, connectors and ducts.

Its office in Pune is a good location to launch its auto business there, said Guenter Maassen, vice president for business development Asia at the Auto Expo in New Delhi.

“We are evaluating the customer requirements, and if demand is in a big volume, that would justify production in India. Only then we will go for investment in plant,” he said.

The company began making parts for the auto industry in 1960 and now supplies complete modules globally to both automakers and suppliers.

Despite the ongoing slowdown in the Indian auto sector, Kayser believes that the market is full of potential, especially with increased government requirements for emissions controls.

Kayser has two plants in China. One, in Suzhou, opened five years ago while its second facility, in Chungchun opened in December to supply Volkswagen AG.


Comments

Germany's Kayser Automotive expands to India, considers new production

By Satnam Singh
Correspondent

Published: March 31, 2014 1:05 pm ET
Updated: March 31, 2014 1:09 pm ET

Post Your Comments


Back to story


More stories

Indian compounder Welset expands in PVC, masterbatches

March 26, 2015 6:00 am ET

Indian compounder Welset Plast Extrusions Ltd. (Booth S20059) is spending 60 crore rupees ($975,000) to expand capacity in PVC materials for the...    More

Image

Proposed Cardia-Stellar merger labeled 'not fair,' but still 'reasonable'

March 20, 2015 10:34 am ET

If the proposed merger of two Australian bioplastics companies goes ahead, the new company will be called Secos Group Ltd. and have annual sales of...    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