Japanese molded-product group aims for $130m in fiscal 2030
Sekisui Chemical Co Ltd (TOKYO:4204) says its new US$3 million plant in Pune is expected to go into operation in January 2026 as part of its expansion for supplying injection molded products to automobile industries in India.
Sekisui said on 25 June that the business has expanded in conjunction with increasing motorization in India https://www.bseindia.com/.
The new plant is located in the Pune area, where many automobile manufacturers are concentrated and growth is expected https://www.nseindia.com/.
As a result, production capacity in India will increase by approximately 15% and business will expand even further https://www.makeinindia.com/home/.
With the aim of expanding this business in India, SEKISUI DLJM MOLDING was established as a joint venture with Dipty Lal Judge Mal Private Limited, a local company, in August 2011. Through the effects of operation of the Pune Plant and other factors, SEKISUI DLJM MOLDING aims to achieve net sales of US$130 million in fiscal 2030. Fiinews.com
