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Face to Face

Developing Nations are major Markets for
Plastic Machinery

Competition is a part of life. It depends on how you sustain it. In the long run, quality is a major factor that lends you an edge.

Raj Kumar Lohia Chairman, Lohia Starlinger Ltd., Kanpur

Raj Kumar Lohia, Chairman, Lohia Starlinger Ltd. shares the plastic machinery major’s profile and power, in dialogue with ET Polymers.

Q. What are your key thrust areas?
We continue to focus on manufacturing machinery for woven plastics. As far as plastic is concerned, we are not yet into it. We shall plan about it in the due course of time. Lohia is the largest manufacturer of plastic machinery in India. Nearly 50% of our production is meant for exports and the rest for domestic use. Our clients are spread all across the world. However our main clients are based mostly in developed and underdeveloped nations where the product lines are intensive. We registered a turnover of nearly Rs. 300 crores and are now looking ahead at doubling our volumes from the present level. We are concentrating on worldwide developing markets. The Asian market is really developing fast.

Q. How do you view new entrants entering the plastic machinery manufacturing business?
Competition is a part of life. It depends on how you sustain it. In the long run, quality is a major factor that lends you an edge. THE ECONOMIC TIMES POLYMERS l JUNE - JULY 2006 21 The Indian economy is growing substantially. But, contrary to the popular perception, it’s not an easy industry. This has nothing to discourage newcomers but given the challenge thrown by the bigger manufacturing players in the industry, it is not really an easy task for the entrants in the plastics manufacturing industry.

....contd.

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