Scott Bader recently announced that it is recognizing significant opportunities available in India and is committed to bringing composite and adhesive technologies to its Indian customers for wind energy, electric vehicle battery technologies, and lightweighting in transport such as rail and infrastructure projects. The company anticipates investing more than £20 million (approximately $25.3 million) over the next five years in India and expects to generate over 150 skilled jobs with revenues of at least £30 million (~ $38 million).
In addition to its “Made in India” strategy, Scott Bader hopes to use its investments in India to supply into the broader ASEAN region. It will continue to provide technical support services and supply specialist products from its UK and Dubai manufacturing sites, which will continue to support employment in these areas.
“I’m delighted that Scott Bader is expanding into India to make the most of the opportunities for UK businesses in one of the world’s biggest economies,” said UK Prime Minister Boris Johnson. “Our exporters are brilliant ambassadors for Britain and I hope today’s announcement is just the start of what you can do for booming partnership between India and the UK.”
For more information, visit www.scottbader.com.