Henkel India Expands with New Loctite Plant In Kurkumbh
Henkel Adhesives Technologies India Pvt. Ltd. has completed Phase III of its manufacturing facility in Kurkumbh, Maharashtra. The new Loctite plant aims to enhance local production, reduce imports, and meet the rising demand for high-performance adhesive solutions in various sectors, reflecting Henkel's commitment to the Indian market.
- Country:
- India
Henkel Adhesives Technologies India Private Limited (Henkel India) has marked the completion of Phase III at its manufacturing facility in Kurkumbh, near Pune, Maharashtra.
The site, operational since 2020, aims to cater to the increasing demands of Indian industries for high-performance adhesives, sealants, and surface treatments. The newly inaugurated Loctite plant is set to reduce dependency on imports by localizing the product portfolio. The facility, unveiled by Henkel’s top executives, reinforces the company's strategy in India.
Henkel's new plant is expected to address supply-demand imbalances in sectors such as manufacturing, MRO, and automotive components. The company emphasizes sustainability, aiming for carbon neutrality by 2030, and deploying Industry 4.0 technologies to optimize production efficiency. This expansion aligns with India’s 'Make in India' initiative, reaffirming Henkel’s dedication to the market and local community.
ALSO READ
-
India's New FDI Route Attracts Billions: A Global Investor Magnet
-
IndiGo Faces Turbulent Times with System Glitches Amid New Leadership
-
India's Foreign Direct Investment Boom: A Global Spin
-
Strained Ties: Bangladesh's Tarique Rahman Awaits India Decision
-
Bangladesh PM's Diplomatic Trip to India: A New Era in Bilateral Relations
Google News