Plastic part makers see big future in automotives

摘要

INCREASING pressure on vehicle manufacturers in terms of emission control,fuel economy and input cost turns out an opportunity for plastic component makers.The European trend of plastic replacing metal in some of the vehicle parts is catching up in India as international joint ventures to make plastic fuel tanks and clutch systems,such as Yapp-Zoom Automotive Systems and FTE Setco,will become operational in the near future.Also,German-based BASF is setting up its engineering plastic plant in India.