India - Collaboration for halogen free flooring in mobility industry
This is a business opportunity from an overseas buyer. Pitch for the business and explain how your company meets their requirements.
Details
- Opportunity closing date
- 31 March 2024
- Opportunity publication date
- 29 November 2023
- Opportunity type
-
Private Sector
- Industry
- Automotive
- Enquiries received
- 0
- Value of contract
- to be confirmed
- Your guide to exporting
Description
The Indian automotive industry is expected to reach £250 billion, where the auto components industry is expected to grow to £160 billion and the automotive aftermarket segment is expected to reach £25 billion by 2026 as per the government (IBEF).
The global halogen-free materials market which was £4.75 billion in 2022, is expected to reach $9.5 billion by 2030 growing at a CAGR of 9.12%
This Indian company is one among the market leaders in the artificial leather segment for automotive industry, PVC films and flexible flooring making a turnover of close to £30 million and is listed in the Indian stock exchanges. The company has a marketing network of over 90 to 100 dealers across India and exports to 25 countries across the globe.
They're looking for a partnership for technical collaboration, materials and equipment in Halogen-free flooring for the mobility industry.
The Indian company wants to speak only to UK based manufacturers. They will not engage with third party intermediaries.
- Opportunity closing date
- 31 March 2024
- Value of contract
- to be confirmed
- The buyer is happy to talk to
- manufacturers
The deadline to apply for this opportunity has passed.
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