From Realtà Mapei International n° 84 - 3/18/2021
Mapei is getting ready to open its third manufacturing plant in India: does this confirm the enormous potential of the Indian market?
Definitely. Considering the size of the Indian subcontinent, we need to be able to rely on minimum four manufacturing plants in various regions to cover the entire country effectively.
India, a country that is coming to terms with the hefty economic repercussions of the Covid-19 pandemic, is undertaking an ambitious plan of new infrastructures and major works (NIP). What opportunities does this open up for Mapei?
Mapei India has always operated in the field of infrastructures and strategic works of national importance for different Government ministries, including Defence. Now, partly thanks to the boosting of our production lines and facilities, we are fully prepared to take full advantage of the opportunities offered by the Government’s new push for infrastructure.
What are the prospects for Mapei in the building industry for the housing market?
Initially, in order to overcome certain logistical constraints, we focused mostly on the top end of this market.
Then, after opening a plant in Vadodara, we began to making inroads into a much larger slice of the market. Thanks to the third plant, we will be able to gain a much larger market share in the Northern and the Central part of India.