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igus Announces Strong Growth Plans For India
The Machinist
|December 2021
igus, the global leader in Motion Plastics, has announced an aggressive growth plan and strategy in the backdrop of 20 successful years of operations in India.
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As the 9th largest market globally and the 3rd largest market in the APAC region, igus India has consistently been recording double-digit growth over the last many years (except the pandemic year) and in the current year is growing at 30 percent above the previous record year on average. igus India hopes to double its revenues to INR 300 crores in the next 3-4 years. Among a host of plans to drive growth in the next phase, the company announced the introduction of a “virtual show booth” replete with its entire set of products which is available for customers to be viewed, tried and tested both via virtually and physically.
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