The new subsidiary, Rosti Technical Plastics India PVT Limited, has already signed a three-year lease on a purpose-built, 28,000 sq ft facility in the Poonamalee District of Chennai.
In a similar move to the Company’s start-up in China, the decision to invest in India was prompted by customer demand. “Many of our existing customers want to expand production in Asia rapidly,” explains Rosti COO, David Knight, who also oversaw development at Suzhou in China, “and Chennai is a good, well-served location for both regional and global distribution.”
Rosti has, said Mr Knight, learned valuable lessons in China, that have helped get the business up and running quickly in India. The new subsidiary will focus on production for the Business Machines market, working across the 50t to 350t range initially. The company plans for rapid expansion based on customer demand, to put 18 machines into operation by the end of 2009.
With ambitions to establish a state of the art new facility three years from now, the recruitment process for India has already begun with the search for a local manager to drive the business forward.
“Much like [our operation in] China, this nucleus will form the heart of a contract manufacturing business geared to building major modules and complete products. Many bought out parts are being sourced locally from within the Indian market”, explains Mr Knight.
Rosti is positioned to serve a global customer-base from all regions of the world. This new facility is aiming for the same levels of growth and development demonstrated at the company’s expanded facilities in China and Poland over the last three years.
The new subsidiary, Rosti Technical Plastics India PVT Limited, has already signed a three-year lease on a purpose-built, 28,000 sq ft facility in the Poonamalee District of Chennai.In a similar move to the Company’s start-up in China, the decision to invest in India was prompted by customer demand. “Many of our existing customers want to expand production in Asia rapidly,” explains Rosti COO, David Knight, who also oversaw development at Suzhou in China, “and Chennai is a good, well-served location for both regional and global distribution.”Rosti has, said Mr Knight, learned valuable lessons in China, that have helped get the business up and running quickly in India. The new subsidiary will focus on production for the Business Machines market, working across the 50t to 350t range initially. The company plans for rapid expansion based on customer demand, to put 18 machines into operation by the end of 2009.With ambitions to establish a state of the art new facility three years from now, the recruitment process for India has already begun with the search for a local manager to drive the business forward.“Much like [our operation in] China, this nucleus will form the heart of a contract manufacturing business geared to building major modules and complete products. Many bought out parts are being sourced locally from within the Indian market”, explains Mr Knight.Rosti is positioned to serve a global customer-base from all regions of the world. This new facility is aiming for the same levels of growth and development demonstrated at the company’s expanded facilities in China and Poland over the last three years.
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