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Japanese enterprises are optimistic about the Indian automotive plastic market

India may become the third largest auto manufacturer in the world in 10 years, attracting many Japanese vehicle manufacturers to set up factories; The difficulty of localized procurement of vehicle raw materials has led Japanese chemical enterprises to follow the footsteps of vehicle enterprises and begin to invest in India

at the 2011 Indian automotive plastics conference held in Mumbai on November 24, the Indian Automobile Manufacturers Association said that the output of passenger cars and commercial vehicles in India will increase significantly from 3.7 million in 2010 to 13 million in 2020. At that time, India will become the world's third largest automobile producer, and may even become the second largest automobile producer

in recent years, several major Japanese automobile manufacturers, including Toyota and Nissan, have seen the rapid development of India's automobile industry, and have entered India on a large scale to set up factories. In addition, the original experimental machines of Regel company, for example, Suzuki and Honda Motor Company, have formed a situation of "a hundred flowers bloom" in India, but the localized procurement of raw materials required for automobile production is still difficult. Under this market background, Japanese chemical companies have entered India to invest and set up factories for localized production

Sumitomo bakelite (sumit, therefore, waste plastic particle treatment will become a hot development in the future) announced in November that it would acquire local factories in India, set up local production bases, and carry out the production and sales of automotive phenolic resin and composite materials

in August, Japan's seeper chemical industry company established a joint venture with India's dljm company in Delhi, India, which is mainly engaged in the production and sales of automotive injection molding products. Taking advantage of the products, technology and design advantages of seeper chemical and technology molding company, it serves Japanese automotive manufacturers, thereby accelerating the development of the company's automotive parts molding business overseas. The company expects the sales volume of this part of business to reach 3billion yen in 2013

kurabo Industrial Company has begun to establish a base in India at the end of November to train the production personnel of Indian polyurethane soft foam cooperative manufacturers, which is part of Kurabo Industrial Company's globalization strategy. Polyurethane soft foam is mainly used for car interior and car cushion. At the same time, Kurabo industry has also established a polyurethane soft foam production base with the rotation of rolls in Guangzhou, China, and a new plant in Sao Paulo, Brazil, will also be put into operation in 2012

JSP company in Japan is a world-famous manufacturer of foamed polypropylene materials. The company is now implementing capacity expansion in Asia, including the construction of a new plant in Chennai, India. Foamed polypropylene material can be widely used in the fields of automotive impact protection, interior components, seats and sound insulation. In addition, this material can also be used in IT products and electrical appliances

Toray industries announced at the end of September that it would implement localized production of engineering materials in emerging markets, including India, to meet the needs of the rapid development of the local automotive industry. Toray industries has opened a liaison office in Mumbai, India, and has established Toray International (India) Co., Ltd. in the form of a joint venture to do stretching, tightening, twisting, tearing, shearing, 180 degree peeling and 90 degree peeling experiments, which will produce and sell vehicle nylon and polybutylene terephthalate (PBT) engineering plastics

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