Pune, Jan 21 (.) Molding Solutions, with its brands Männer, Foboha, Synventive, Thermoplay, Gammaflux and Priamus, has officially opened its new greenfield facility in India, further expanding its international production and service footprint.
The site represents a key element of the company’s long-term strategy and significantly strengthens its global competitiveness in hot runner systems.
On January 21, customers and partners were invited to a customer event, offering insights into the new facility and its technical capabilities, said a release on Wednesday.
India is one of the world’s largest and fastest-growing markets for injection molding applications.
The global market for hot runner systems and related injection molding technologies is estimated to be in the hundreds of millions of dollars, with Molding Solutions currently holding a market share of below 10 per cent globally. In India, the company estimates the addressable market to be approximately USD 200 million, with its current market share in the range of 15–20 per cent, reflecting strong growth momentum in the region, said the release. . SP .
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