Teijin Frontier Co., Ltd., the Teijin Group’s fibres and products converting company, announced recently that it has established Teijin Frontier India Private Ltd. in Gurugram, India to conduct sales and trading activities that will further strengthen its global business. Teijin Frontier India will start its operation on April 1.
India has the second largest population in the world and its domestic market is expected to grow steadily. The Teijin Group established its first local subsidiary in 2007 aiming to develop the local market and Teijin Frontier has been conducting market research and sales activities in India since 2010 incorporating diverse sales platforms. The establishment of Teijin Frontier India will strengthen Teijin Frontier Group’s ongoing global business expansion in strategic fields including the environment, mobility and high-performance textiles, three sectors where India is expected to be a key player in terms of both supply and consumption.
Going forward, Teijin Frontier plans to continue strengthening its global value chain for producing yarns, fabrics and finished products. Toshikazu Uchida is the President of Teijin Frontier India Private Ltd., and office is in, Gurugram, Haryan, India, with a Capital of Rs 10 mn and establishment February 26, 2021.
