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Plastic Technologies (India) LTD
Plastic Technologies (India) LTD
Overview
Plastic Technologies Inc. was a leading manufacturer of injection molding machines It had over 100 years of rich manufacturing experience As a part of PTIs global strategy they started their Indian operations to serve the following market
Domestic sales to Indian manufacturer who are interested to raise their productivity and product quality Export sales to new market previously untapped by PTI such as African and gulf countries
Overview
The Indian operation of PTI are facing a wide deviation between actual sales and forecasted sales in year 1987 Also they had to make an upward price revision in year 1988 due to:
An increase in local material cost on account of steep hike in petroleum price An increase in imported material cost An increase in cost of finance due to increased interest rates A higher appointed value of overheads due to lower volume of the sales than the original plan
Industry Profile
Exhibit 1 Usage and type of plastic machinery Plastic machinery Injection molding Blow molding Extrusion Market segment Automotive Some of the end use plastics TV/PC monitors, pagers, phones, CD Bottles, jerry cans PVC pipes, cables, window Some of the end users Gear links, upholstery
Household consumers
Technology incentive Packing Research and education
Major competitors
DGP Windsor Battenfeld L&T Future
Plastic processors
End-users