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India | Composite Materials in India Composite Materials in India Composite market in India The size of the composite materials market is projected to grow at a promising CAGR of 12.94 percent during the forecast period of 2015 to 2020, to reach USD 11.26 billion by 20201. Composite materials made of carbon and glass, are making rapid inroads into the India’s traditional markets for building materials and threatening to take it over. Key Players Tata Sons Ltd, Mahindra and Mahindra Ltd, Godrej and Boyce manufacturing Co. Ltd. And Larsen and Turbo Ltd have units making or developing composites, and supplying to clients producing spacecraft, aircraft and automobile parts. Godrej Aerospace plans to start with the manufacture of glass fibre composites in a few months, followed by the top-end carbon composites and extremely high-tech ceramic composites, used in the tips of fins, nose, and rudder of planes to withstand extreme heat. Likewise, Tata Advanced Materials Ltd has been supplying parts made out of composites to Boeing, Spirit and the UTC Group and has also been a partner for development of the light combat aircraft and Indian Space Research Organization (ISRO) satellites, including the Mars orbiter Mangalyaan. The company is positive in its outlook for demand of composites from the aerospace sector and is therefore looking at building its capacity. Research Laboratory at DRDO works in the areas of composites and material sciences. Advanced Centre for Research on High Energy Materials (ACRHEM) has been established with the University of Hyderabad and does a lot of research related to this area. Various Indian Institutes of Technology are working together with Boeing and Airbus The Centre for Nanomaterials at International Advanced Research Centre for Powder Metallurgy & New Materials (ARCI) was established with a mandate to develop technologies for the large-scale production of nano-powders. And also to explore their utilization for applications, which cater to either a large Indian market. The Centre works in a number of areas including oxide dispersion strengthened steels for high temperature applications and Fe-based Cerametallic Friction Material Composites for clutch buttons. Several technologies have been transferred to Indian industries. Besides these, various Indian Institutes of Technology (IIT’s) are working together with industrial players such as Boeing and Airbus in related areas. Opportunities for the Dutch R&D in India There are various laboratories and institutions in India, who are investing in R&D related activities for composites and advanced materials. Defence Research and Development Organization (DRDO) is the main organization responsible for all defence related R&D activities and Defence Mettalurgical Although composite materials industry is at a very nascent stage in India, several opportunities exist for the Dutch stakeholders to partner with Indian companies, who have acquired an interest in this area. 45 | Overview HTSM - april 2016 India | Composite Materials in India Composite materials made of carbon and glass, are making rapid inroads into the India’s traditional markets for building materials Airborne International, manufacturer of composites (high performance fiber-reinforced plastics) in the Netherlands, delivers its advanced composite solutions to key players in the fields of aerospace, defence and marine industries. As a preferred supplier, Airborne develops, engineers, qualifies, produces and maintains composite products, for use under the most demanding conditions. The company is currently in discussion with an Indian partner from Gujarat for a joint-venture. The Indian firm, which manufactures components for aerospace sector, wants to enter the industry of composites manufacturing through this partnership. Conclusion The activities for composites in India are growing, especially with current government’s recent impetus on indigenous manufacturing. There are various opportunities for Dutch stakeholders to collaborate with Indian players who are looking to establish themselves in composites market. Source 1. http://www.prnewswire.com/news-releases/ composite-materials-market-to-grow-at-1294-cagrto-2020-566641241.html More information Akanksha Sharma Email: [email protected] IA India 46 | Global Challenges, Smart Solutions