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 Automotive, Injection Molding, Europe, Asia

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

Image

Jarden hiring for new plastics plant

December 19, 2014 1:45 pm ET

Consumer products conglomerate Jarden Corp. is hiring plastics technicians for a new operation in Erlanger, Ky.    More

Image

The return of HPM's big presses

December 19, 2014 11:47 am ET

HPM is back in big injection molding machines.    More

Image

Thailand's SCG Chemicals buying Norwegian chemical firm Norner

December 19, 2014 9:11 am ET

Thailand's SCG Chemicals Co. Ltd. has announced it has acquired 51 percent of the shares in the independent petrochemical company Norner Holding AS...    More

Image

BASF to sell its share in Singapore JV

December 19, 2014 8:37 am ET

BASF SE has announced that it has reached an agreement for it to sell its share in the 50-50 joint venture ELLBA Eastern, at Jurong Island, Singapore ...    More

Image

Sabic: Rapid demand growth led to Ultem shortage

December 18, 2014 12:06 pm ET

Sabic Innovative Plastics has been increasing production capacity for its Ultem polyetherimide but it still got caught short by increasing demand for ...    More

Market Reports

Flexible Packaging Trends in North America

Our latest RESEARCH report examines trends in FLEXIBLE PACKAGING impacting the North American market including a review of economic conditions, key drivers of growth, materials pricing, M&A activity, sustainability challenges and the outlook for 2015.

Learn more

Plastics in Brazil - State of the Industry Report

This in-depth report examines the Brazilian plastics industry from a historical and geographical context. Our analysts provide insight on economic trends and forecasts, growing manufacturing sectors that utilize plastics, private investment opportunities, market environment challenges, and innovations in R&D.

Data tables and charts on producer prices, trade, plastics production and end market indicators is also included.

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

Upcoming Plastics News Events

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

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

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

October 27, 2015 - October 29, 2015Plastics Financial Summit - New York - 2015

More Events