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PLASCO bullish on India
Source：Plastics News Asia
Date Published：2/14/2018 09:02:21 AM
PLASCO Engineering is bullish on the Indian market as it expects sales to increase by 30% in the next 2 years.
At PLASTINDIA 2018, Mr. Tony Wang, General Manager at PLASCO Engineering Inc. greeted visitors and explained to them the multiple benefits of the company's production systems. As a fast-growing global supplier of extrusion lines, PLASCO made its presence at India's premier exhibition for the plastics industry to meet with existing customers as well as develop ties with new customers.
PLASCO has built its position as one of the leading monofilament extrusion lines manufacturers to the global market. For more than three decades, the company has been manufacturing a comprehensive range of monofilament extrusion lines, providing technical solutions in the field of PP, HDPE, PA, and PET monofilament production. From standard monofilament lines for all domestic application in packaging, agriculture, and fishery, to lines tailored for specific requirement for industrial and medical application, PLASCO offers a complete spectrum of possibilities.
"India is an important market and evolving very fast. I would say that about 90% of PLASCO's business in India is related to monofilament production lines, which is our main export in India," Mr. Wang explained. PLASCO's strong position in the global market is attributed to its continuous attention to product mprovement and R&D. As Mr. Wang put it: "We spent a lot on R&D and in developing many new applications where our monofilament lines can be maximised."
Mr. Tony Wang
In India, PLASCO's reputation as a reliable supplier stems from recommendations of its existing customers. "Words get around fast, and in India we may not have direct distributor but only tie-ups with some agencies specialising in monofilament machineries. However, many of our existing customers recommend our production lines so in the process, we gain new customers," Mr. Wang added.
With the current policy to promote domestic production, PLASCO expects its sales in India to rise by as much as 30% in the next 2 years as local companies demand for advanced monofilament production lines to serve its growing domestic market for end-products. As a result, PLASCO will continue to promote its products and strengthen its response to Indian customers to meet their requirements.