A few of India's midsize injection molders and mold makers are upgrading machinery and adding products to increase exports.
Several executives at Plastindia 2006, held Feb. 9-14 in New Delhi, expressed confidence that they will increase their firms' global market share, citing demand for Indian-made machinery, molds and products.
Mumbai, India-based injection mold maker and molder Daniel & Sons is adding computer numerically controlled electric discharge machines and mold-floor-analysis software. The company also is looking to export its molds to Latin America, having established itself in Asia, the Middle East, Africa, Europe, North America and South America.
The firm also is looking to serve Peru, Columbia, Brazil and Mexico, said Daniel & Sons partner Freeman Fernandes. The company made 1,200 molds last year from its nine CNC lathe machines, a 25 percent increase from its 2004 output. According to its Web site, D&S has 26 injection molding machines with 50-850 tons of clamping force.
Another company with plans to expand is Noida, India-based molder and mold maker Dipty Lal Judge Mal Pvt. Ltd. Managing Director Dev Jain said Dipty Lal plans to boost exports more than 7 percent. The company supplies automotive parts to multinationals in India, including Yamaha, which has a motorcycle made of 90 percent plastic parts.
``But we are now focusing on exports to Europe and North America,'' added marketing Vice President Gaurav Jain.
Dipty Lal has acquired land in Noida as part of a current $7 million expansion. Executives would not disclose details, except to say that Dipty Lal has been short-listed for a major auto parts order from the United States. The firm also offers in-house tooling.
Likewise responding to strong market demand for higher-grade products is Pune, India-based Miltech Industries Pvt. Ltd. Miltech, which has established automotive customers in India, is developing nylon parts for that market. The firm will install seven new injection presses by April, raising its clamping force capacity to 1,980 tons from its current 935 tons, said Somenatt Mukherjii, director. Miltech also makes white goods and offers in-house tooling.