The first Indian company to create an affordable, high quality product for the injection moulding industry
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The injection moulding industry was dominated by international suppliers, and all OEMs based in India used only international products. The result was extremely high costs, almost 50% higher than other products in the market.
Secondly, OEMs had rigorous standards for approval. These standards made it difficult for local manufacturers to enter the industry.
APAR’s solution:APAR engaged in extensive research, and held an open dialogue with industry players to understand their requirements in detail. The R&D team was able to develop a product which had the best in-class TOST value, air release properties and the best oxidation stability.
APAR became the first Indian company to make inroads into a segment typically dominated by international players. Top OEM manufacturers in the country have accepted the product thanks to its high quality, and our product is now seen as a benchmark in the industry.