Scott Bader commits support to the Indian composites market
Anticipation of +£20 million investment in India over the next five years in addition to supply of composite and adhesive technologies and technical support.
Scott Bader Co. Ltd. (Wellingborough, U.K.) recognizes the significant opportunities in India and is committed to bringing industry-leading composite and adhesive technology to its Indian customers for wind
energy, electric vehicle (EV) battery technologies and lightweighting in transport such as rail and infrastructure projects.
“I’m delighted that Scott Bader is expanding into India to make the most of the opportunities for U.K. businesses in one of the world’s biggest economies,” U.K. Prime Minister Boris Johnson says. “Our exporters are brilliant ambassadors for Britain and I hope this announcement is just the start.”
Scott Bader anticipates investing more than £20 million (200 crores INR) over the next five years into India and expects to generate more than 150 skilled jobs with revenues of at least £30 million (300 crores INR). In addition to its “Made in India” strategy, Scott Bader hopes to use its investments in India to supply into the broader ASEAN (Association of Southeast Asian Nations) region. It will also continue to provide technical support services and supply specialist products from its U.K. and Dubai manufacturing sites which will
continue to support employment in these areas.
Currently, Scott Bader’s focus is on developing sustainable products for sustainable markets. It currently supplies what is says are some of the
world’s largest wind blade manufacturers and EV OEMs.
