Rajoo Engineers Ltd. is staying on top of the fast-growing Indian plastics market by launching what it claims is Asia's first seven-layer blown film line.
Manavadar, India-based Rajoo debuted the line at Plastindia 2006, held Feb. 9-14 in New Delhi. The line features an inverted spiral stack design and is expected to produce polyethylene films for food and meat packaging and other markets, according to Rajoo President Sunil Jain.
``What we're doing really isn't anything new - we're just bringing the technology to this continent,'' Jain said. ``The timing of commercialization is important. This market has a lot of potential, but it isn't yet where it can be.''
Rajoo, formed in 1986, has been adding machine-making capacity and equipment continually at its Rajkot and Manavadar plants, where it employs a total of 300. The firm's lineup includes monolayer and multilayer lines for both blown film and sheet, as well as thermoforming equipment.
Publicly held Rajoo has enjoyed annual growth of 25 percent during the past five years, but that number is expected to slow to 15 percent in 2006 as both the company and its markets get larger, Jain said.
About 70 percent of Rajoo's machinery is exported to the Persian Gulf, Southeast Asia, the Asia-Pacific region, Latin America and Mexico. But with Indian plastic consumption set to double by 2010, the domestic market is likely to play a larger role for the firm.
Rajoo was launched in 1986 as a maker of cutting and sealing machines before moving into blown film lines in 1988. It began export business in 1990 when it shipped a blown film line to Tanzania.
The firm has been a pioneer in the Indian plastics machinery market, claiming Indian market firsts for chemically foamed PE blown film, and coextrusion feed blocks for multilayer sheet and PET sheet lines.
Rajoo posted sales of more than $7 million in its fiscal year ended in March 2005. Jain expects the firm to hit the $8 million mark in its current fiscal year.