Bostik, a leading global adhesive specialist in construction, consumer and industrial markets, has been observing prosperous growth in India for the past few years. Ganeshan M V, Managing Director at Bostik India, said: "With the rapid growth of India's adhesives market through disruptive innovations, we have new opportunities in the market."

"Our key strengths in India would include flexible food packaging where we would see a growth of more than 25% this year. With the market growing at more than 10% and also having the new plant in Gujarat to service a range of new and existing customers, we expect to keep up a strong growth momentum in this segment."

Recently, the company invested in a state of art equipment to produce advanced hot melt pressure sensitive adhesives (HMPSA) for a range of industrial sectors including for tapes and labels, transportation and footwear production. Last year, the company opened a modern production facility in Gujarat to meet the increasing demand for adhesives in the industrial markets of India and South Asia. The new facility currently applies the latest manufacturing techniques to produce liquid adhesives for flexible lamination and footwear.

Bostik in India started its operations in 1992 through an agreement between Coates India & Bostik U.K.  Bostik India separated from Coates in 2001 to become an entity by itself. Since then, Bostik India expanded to where it is now - three factories, 15 warehouses, four sales offices and its headquarters in Bangalore.

(Continued on the next page)