#India #Bengaluru #NAGASE #NWP #NIN

NAGASE Group's New Ventures in India

The NAGASE Group has made a significant move to strengthen its presence in the Indian market by establishing NAGASE WAHLEE INDIA PRIVATE LIMITED (NWI). This joint venture, formed with Nagase Wahlee Plastics Corp. (NWP) of Taiwan and Nagase India Private Limited (NIN), aims to tap into the flourishing resin sales sector in India. The company is slated to commence operations in June 2025.

As the Indian market continues to expand, NAGASE's entry comes at an opportune moment. The projected growth for companies in the electronics manufacturing service (EMS) sector suggests a fivefold increase in market size over the next five years. By leveraging the strengths of NWP, which is familiar with customer needs and business practices of Chinese and Taiwanese firms, alongside NIN's expertise in navigating India's regulations, NWI is well-positioned to meet emerging demands in the region.

Strategic Objectives

NAGASE’s mid-term management plan, ACE 2.0, emphasizes the areas of foundation, focus, development, and improvement. In line with the development objective, NWI serves as a foundational step to introduce the NAGASE brand to the growing market of India. The partnership will facilitate the import, export, and distribution of plastic materials, cementing NAGASE's role as a major player in the resin market.

NAGASE’s established history of providing materials solutions globally aligns with its mission to contribute towards creating a safe and warm society through innovative materials that tackle manufacturing challenges. The establishment of NWI is positioned as a strategic effort to cater to the needs of a diverse clientele, ensuring that local businesses receive the quality materials they require.

NWI at a Glance

• - Company Name: NAGASE WAHLEE INDIA PRIVATE LIMITED
• - Founding Date: June 2025 (planned)
• - Location: Bengaluru, India
• - Executive Leader: Lin Wei-Tat
• - Business Focus: Import and export of engineering and general plastics, along with sales.

This initiative not only signifies NAGASE's commitment to expanding its geographic footprint but also represents an innovative approach to aligning with the needs of Indian industries, particularly in electronics and manufacturing. By merging NWP's and NIN's capabilities, NWI aims to optimize business opportunities and drive revenue growth in a competitive marketplace.

About NWP and NIN

NWP Overview

• - Company Name: Nagase Wahlee Plastics Corp.
• - Headquarters: Taipei, Taiwan
• - Executive Leader: Zhang Zun-Hsien
• - Business Focus: Sales of engineering plastics
• - Website: NWP

NIN Overview

• - Company Name: Nagase India Private Ltd.
• - Headquarters: Mumbai, India
• - Executive Leader: Oki Eiraku
• - Business Focus: Import and export of chemicals, resins, and food-related businesses, along with domestic sales and marketing.
• - Website: NIN

Long-term Vision

As NAGASE ventures further into the Indian market through NWI, it aims to replicate its successful practices from the Asia-Pacific region while also adapting to local preferences and needs. The joint venture anticipates not only growing its sales but also becoming a significant contributor to the Indian economy, by supporting local industries and fostering innovation.

Through this alignment of international experience with local knowledge, NAGASE Group demonstrates its commitment to a global yet localized strategy in one of the world’s most rapid-growing markets.