UK-based Autins Group and India's Indica Industries have formed a joint-venture, Indica Automotive, which will operate from the Autins' headquarters in Rugby, Warwickshire (United Kingdom), according to a press release on Insider Media. “The Autins Group are firmly established as a market leading manufacturer within the automotive supply chain and this new venture will enable us to expand into other sectors,” said Jim Griffin, CEO, The Autins Group.
Autins develops lightweight acoustic and thermal materials for the automotive and other industries. Indica Industries is a leading converter of foam and technical materials with 11 plants across India.
Significance: Indica Automotive, part of the Autins Group, began production at the start of 2015, and manufactures a range of acoustic and thermal foam products to complement the group’s current portfolio of materials. The new venture manufactures parts for the automotive supply chain in both the United Kingdom and India for distribution across the world.
Indica Automotive is currently working within the Autins Group’s new 65,000-square feet factory in Rugby with plans to relocate to a new site nearby as the company expands. The joint-venture make use of some of the Autins Group’s state-of-the-art equipment which includes research and testing facility Lab 2000 as well as water jet cutting machines and a specialist moulding oven.
Besides, the establishment of Indica Automotive has enabled the Autins Group to expand into markets other than automotive, including construction and architectural.
