World & BusinessGarware Hi-Tech Films signs pact with Lubrizol to develop TPU products in India
The Economic Times reports that an expected investment of Rs 118 crore would support new product development and TPU technology capabilities under the partnership.
TLDR
Garware Hi-Tech Films and Lubrizol have signed a memorandum of understanding to develop TPU technology in India, The Economic Times reports. The partnership aims to combine Lubrizol's expertise with Garware's manufacturing capabilities. An expected investment of Rs 118 crore would support new products and technology capabilities. The report says the initiative would also strengthen backward integration for Garware's premium paint protection film business.
Garware Hi-Tech Films signs pact with Lubrizol to develop TPU products in India
The Economic Times reports that an expected investment of Rs 118 crore would support new product development and TPU technology capabilities under the partnership.
TLDR
Garware Hi-Tech Films and Lubrizol have signed a memorandum of understanding to develop TPU technology in India, The Economic Times reports. The partnership aims to combine Lubrizol's expertise with Garware's manufacturing capabilities. An expected investment of Rs 118 crore would support new products and technology capabilities. The report says the initiative would also strengthen backward integration for Garware's premium paint protection film business.