AMCO INDIA LIMITED, a unit to manufacture PVC Leather cloth have been admired with a great fame in automobile industry till the journey. The Company started its journey and paved the way to manufacture PVC Leather Cloth by way of coating process and with large capacities available on two coating lines achieved brand equity in the domestic and to some extent in the international markets.
The success of the Company then prompted the promoter to enhance its product profile and therefore in the year 1991 two calendar machines were added to introduce PVC Films and Sheeting into the market. In its effort to excel in the complete product range the company grew from strength to strength to become leaders in the manufacturing of PVC Films and Sheeting.
As success dawned on the project the management used bold and enterprising strategies to reinvent itself. Massive expansions were pursued and in 1996 through foresight, the company decided to get into manufacturing Laminated Aluminum Foil. This product has added impetus to the growth of the company creating new insights into a product with a bright future thereby enhancing the company into being leaders in complete range of products of foil laminates.
There are around 14 PVC Films & sheetings manufacturer's in India. Demand for PVC Films & sheetings is increasing with a rate of 15% p. a. approx. There is a growing market for PVC Films & sheetings as it is used in different type of industries such as electric tape, stationary, luggage, school belts for children, advertising banners, photographic albums, plastic panels for exhibitions and automobiles. .
Company counts for around 4% share of the total market in foil segment. The Company has also executed volume orders for the top industries in PVC Segment such as Auto Fit Pvt. Ltd., Meenakshi Polymers Pvt. Ltd., etc. Further as Laminated Leather Cloth, being a petroleum product is much in demand due to its vast usage in PVC resin, few plastic polymers and D.O.P.
Concentrating mon the position of Indian economy in regard to stability of currency and with abundance of supplies in domestic market from China, growth of domestic industries are on slower pace and to overcome with the same in respect to our share in total market, the Company is planning and moving ahead with a positive prospect to grow with an expansion.