Teijin
Frontier , the Teijin Group’s fibres and products converting company, announced
today 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
