The Indian market has helped Cosco's Asia Pacific strategy

China Paint Online News Information:
has become an integral part of Cosco's Asia-Pacific development strategy. "The Indian market has shown double-digit growth, accounting for about 20 per cent of earnings across the Asia-Pacific region," Frank Lutz, Cosco's chief financial officer, said in an interview recently, according to
China Coatings Onlineexpert
. That figure is impressive, and we are therefore confident about the future development of the region. Although the Chinese market is still the leader in the Asia-Pacific region, accounting for more than 50%, but I think Cosco's growth momentum in the region will come from other countries, and India is a leader. "
s performance will not fail to live up to Cosco's expectations, in line with the strong demand for polymers in the Indian market." In response, Ajay Durrani, Cosco's head of India, said: "In terms of polymers and polycarbonate, There are three big demanders in India: automotive, electronics and home. Among them, the automobile industry accounted for 25% of the country's total revenue, can be described as the country's pillar industry. So for Cosco, the Indian market has a promising future. "At the same time, Cosco has been in India. Last year, a new TPU unit was added to the Goodlor plant in Tamil Nadu, which jumped from 2,500 tonnes to 6,000 tonnes.
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