Home / Knowledge / News / Textiles / Cognis opens affiliate in Mumbai

Cognis opens affiliate in Mumbai

19
May '09
Cognis has opened an affiliate in Mumbai, India. As of today, Cognis India will be a wholly-owned subsidiary of the Cognis Group, and will operate under the name of Cognis Specialty Chemicals Pvt. Ltd. Cognis first opened a liaison office in India in February 2008, with the aim of bringing the company closer to its customers in the region and gaining a greater understanding of local markets. The new affiliate will continue to grow Cognis' business in India, and highlights the importance of this region.

Cognis is a global supplier of innovative ingredients for products such as personal and home care, agriculture, coatings, lubricants, food ingredients, pharmaceuticals, and dietary supplements. Cognis' success is based upon its focus on high-growth, high-demand areas which are driven by the wellness and sustainability trends. This is why the company is increasingly devoting resources to its operations in the Asia-Pacific region, which is now its third biggest market after Europe and North America. India is one of the world's most important emerging markets, and this is why Cognis opened the liaison office there in 2008.

Since it was established, the office has helped Cognis gain a greater understanding of the Indian market, as well as enabling it to anticipate developments there more quickly. It has also helped strengthen relationships with existing customers, distributors and suppliers, identified and initiated new business opportunities, and raised awareness of Cognis' products and services in local markets.

The decision to found the new affiliate marks another milestone for Cognis in realizing business opportunities within the Indian market. It also reflects the success of the liaison office, as well as the significant growth achieved by Cognis in India in the last few years. For example, in 2008, Cognis' sales in India grew by some 30 percent.

Cognis India will employ technical and commercial managers to work on behalf of all three of the company's strategic business units – Care Chemicals, Nutrition & Health, and Functional Products. To demonstrate product benefits and answer questions on application technologies onsite, Care Chemicals and Functional Products will also establish technical service facilities in India. To grow Cognis' business in India, the company will continue to explore options for establishing local sourcing and production facilities.

Guido Appl, General Manager of Cognis India, comments: “We still see India and the whole Asia-Pacific region as a market with significant growth potential that fits perfectly with Cognis' strategy. Many of our existing and potential customers are also exploring business opportunities in India, and our direct links in the country have enhanced our customers' confidence and helped us give them the competitive edge they need to succeed. Opening the liaison office proved to be a valuable strategic step, and showed the potential within this market, which in turn prompted our decision to establish a full affiliate.”

Cognis


Must ReadView All

Rajive Ranjan (left), Managing Director, Techno Design GmbH and Technocian Fashions, with Oliver Hein, COO, s.Oliver Group. Pic: PDS Multinational Fashions Limited

Apparel/Garments | On 2nd Dec 2021

PDSMFL (BSE:538730) to source for s.Oliver from India, Sri Lanka

India-based PDS Multinational Fashions Limited (listed on Bombay...

Pic: Jaroslaw Baczewski | Dreamstime.com

Textiles | On 6th Dec 2021

Global cargo demand up by 9.4% in Oct 2021 over Oct 2019: IATA

Global demand was up by 9.4 per cent in October 2021 compared to the...

Pic: Sergejsbelovs | Dreamstime.com

Apparel/Garments | On 4th Dec 2021

USTR, AAFA to promote greater near-shoring of apparel production

The office of the United States Trade Representative (USTR) has...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Switch was not 100% pandemic related

Textile Industry, Head honchos

Textile Industry
Head honchos

Luxury is not just about high prices but ability to create desire

Textile Industry, Head honchos

Textile Industry
Head honchos

Led by MMF, Indian apparel exports likely to double in next 3 years

Chendhuran Sundar,

Chendhuran Sundar

It manufactures and retails menswear garments in India under the brand...

Benedetta Terraneo,

Benedetta Terraneo

Miko Srl, a subsidiary of US-based Sage Automotive Interiors and a member...

Vikash & Vishal Pacheriwal,

Vikash & Vishal Pacheriwal

Launched in 2018, Raisin is a contemporary fusion fashion brand that aims...

Dr Anup Rakshit, ITTA

Dr Anup Rakshit
ITTA

The Indian Technical Textile Association (ITTA) is the only association of ...

Wolfgang Plasser, Lenzing AG

Wolfgang Plasser
Lenzing AG

The Lenzing Group is an international company headquartered in Austria...

Keith McMillen, Bebop Sensors

Keith McMillen
Bebop Sensors

Bebop Sensors' smart fabrics allows for a new level of interaction between ...

Reynu Taandon, Label Reynu Taandon + Nikhita

Reynu Taandon
Label Reynu Taandon + Nikhita

Renowned womenswear designer <b>Reynu Taandon </b>has been serving the...

Rocky Star, Label - Rocky Star

Rocky Star
Label - Rocky Star

<b>Rocky Star,</b> an Indian designer known for his inspiration from the...

Samant Chauhan, Label Samant Chauhan

Samant Chauhan
Label Samant Chauhan

Delhi based fashion designer, <b>Samant Chauhan</b> who mostly works on...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


December 2021

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search