Scott Bader Announces £20m Investment into India Composite Market Expansion

FOLLOWING THE Prime Minister’s two-day visit to India starting today, Scott Bader has announced a £20m expansion into the Indian market.

Scott Bader, a global manufacturer with headquarters in the UK, recognises the significant opportunities in India and is committed to bringing industry leading composite and adhesive technology to its Indian customers for wind energy, electric vehicle battery technologies and light weighting in transport such as rail and infrastructure projects.

Scott Bader Investment into India

UK Prime Minister Boris Johnson said, “I’m delighted that Scott Bader is expanding into India to make the most of the opportunities for UK businesses in one of the world’s biggest economies. Our exporters are brilliant ambassadors for Britain and I hope today’s announcement is just the start of what you can do for booming partnership between India and the UK.”

It anticipates investing more than £20m (200 crores INR) over the next 5 years into India and expects to generate over 150 skilled jobs with revenues of at least £30m (300 crores INR).

In addition to its ‘Made in India’ strategy, Scott Bader hopes to use its investments in India to supply into the broader ASEAN region.

It will continue to provide technical support services and supply specialist products from its UK and Dubai manufacturing sites, which will continue to support employment in these areas.

Sustainability

Scott Bader is focused on developing sustainable products for sustainable markets. It currently supplies some of the world’s largest wind blade manufacturers and electric vehicle OEMs.

It reports putting sustainability at the heart of everything it does. In September 2021, it offset its Scope 1 and 2 emissions for 2020 and committed to offsetting its carbon emissions every year, whilst setting a target of a 60% reduction in its carbon emissions by 2025.

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