Steps into India: Pegaso Industries forms new joint venture with Neoplast
Pegaso Industries Group, an Italia-based global company manufacturing auxiliary equipment for the plastic processing industry, has made an important step in its international development: entering the Indian market.
The Group has formed a new joint venture with Neoplast, an Indian plastic recycling machine and PVC pipe plant manufacturer, to establish a stronger presence in the Indian market, combining local expertise with its international experience and technology.
Pegaso Industries Group and Neoplast will form a new joint venture in India.
The partnership also marks a major step forward in Pegaso’s expansion in Asia Market, enabling the Group to manufacture locally and establish a stronger, more competitive presence in the market.
By bringing production closer to its customers, Pegaso is able to respond and act faster, and accelerate growth in one of the world’s most dynamic markets.
This new presence represents an important step in Pegaso’s international growth strategy, based on proximity to markets, closer customer relations, and an increasingly integrated global network.
