"India is a critical component of our company's overall growth strategy," said Rohm and Haas Chairman and CEO Raj L. Gupta, who is visiting customers, government officials and employees throughout India as part of the celebration of the new plant. "In fact, we believe more than 80 percent of our sales growth between now and 2010 will take place in the fastest-growing markets of the world - India, China, Southeast Asia, Central and Eastern Europe. "
Rohm and Haas has been an increasingly important participant in the Indian market since 1995, when the company opened its first sales offices in Delhi and Mumbai. The company expects to report US $100 million in sales revenue for India in 2007, and targets to more than double sales to $250 million here over the next five years.
Best-in-class design and operating practices for a growing infrastructure
Mark Douglas, Vice President of Rohm and Haas and Director of the Asia- Pacific Region, says the company is building a lasting infrastructure to support this growth, including plans for a process engineering and technical center in addition to the two manufacturing facilities. "For example, Chennai and Taloja are not our largest facilities," he says, "but they have been built to incorporate the leading-edge environmental, management and operating practices that the company has developed elsewhere within its global manufacturing network, and at the same time can manufacture products customized for local markets. In India today, we have the capability to serve both large and smaller customers who can expect reliable, quality products to be delivered to their door time after time."
A healthy outlook for Rohm and Haas in India
Pierre Brondeau, Executive
|SOURCE Rohm and Haas Company|
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