Image Source: www.jaschindustries.com
Jasch Industries Ltd, a top producer of coated fabrics and synthetic leather, has begun supplying its high-end coated fabrics for application in Hyundai and Kia vehicles. The news represents a turning point for the company as it increases its presence in the international automotive market.
Brief Introduction
Jasch Industries, which leads the way with innovation in PU/PVC coated fabrics and polyurethane resins, enjoys a strong market presence in industries such as automobile, footwear, and fashion. The company's recent success of becoming a Hyundai and Kia supplier highlights its increased influence and ability to compete internationally in terms of quality and technology.
About Jasch Industries
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Founded in 1985, Jasch Industries is engaged in the production of PU/PVC coated fabrics (synthetic leather) and polyurethane resins.
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The firm has an international presence, catering to markets in India, North America, South Africa, and Europe.
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Reputed for its quality focus, innovation, and customer-oriented strategy.
Importance of the Hyundai-Kia Supply Agreement
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Jasch Industries has begun supplying coated fabrics specially designed for Hyundai and Kia cars.
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This agreement places Jasch in a niche list of Indian manufacturers providing high-quality synthetic leather to leading global automobile brands.
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The coated fabrics offered are utilized for the most part in automotive seat covers and interior uses, complying with high industry standards for performance and appearance.
Strategic Impact and Industry Context
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The auto industry is one of the largest users of synthetic leather and coated fabrics, and this transaction should increase Jasch's revenues and international reputation.
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The coated fabrics business of the company is a core business, and products also find application in footwear, clothing, furniture, and sports equipment.
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This step is part of Jasch's strategy to concentrate on its coated fabrics division after demerging its industrial gauges business.
Future Perspective
The supply agreement with Hyundai and Kia may open the gates for cooperation with other worldwide automotive producers.
Jasch's emphasis on innovation and quality puts it in a good position for further growth in the automotive materials sector.
Sources: Jasch Industries Company Profile, Goodreturns, Katalyst Wealth
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