The plastic injection molding market in India is experiencing robust annual growth of 10-12 percent, set to reach a market cap of $75 billion by 2025. A significant shift in manufacturing to India post-pandemic has spurred demand for plastic parts production, emphasizing the need for high-quality manufacturing capabilities. This trend not only improves operational efficiency and cost reductions but also places India as competitive in achieving global manufacturing standards.
In the plastic injection molding segment, customers often experience delays in product development due mainly to long lead times for mold manufacturing. Micro Tech Polymers (MTP) is a leading plastic injection molding and mold-making offering high-quality, critical components for top industries, combining manufacturing strength with advanced in-house tool-making capabilities to provide comprehensive solutions for diverse manufacturing needs.
Micro Tech Polymers began its journey as a small enterprise in Tamil Nadu, initially producing small components for the automotive sector. Over the years, MTP has evolved into a leading player in plastic injection molding and mold making, serving top industries with high-quality and critical components. The company's strategic investment in an in-house tool making sector has enabled it to offer comprehensive manufacturing solutions. The firm has strategically invested $1 million in advanced machinery, including high-speed milling, 5-axis machining centers, and Wire EDM machines.
These investments are aimed at significantly reducing mold development times, ensuring that customer requirements for timely and efficient production are met with precision and reliability. “Since inception, MTP has achieved significant milestones, including the development of advanced capabilities in mold manufacturing, adoption of industry-specific ERP systems, and implementation of sustainable manufacturing practices aimed at reducing environmental impact and enhancing product quality”, says M. Senthil Kumar, CEO.
Precision Engineering for Diverse Industries
Micro Tech Polymers specializes in plastic injection molding and mold making, catering to diverse industries. The firm offers high-quality, critical components for automotive, electronics, consumer goods, and industrial applications. MTP's product range includes precision plastic parts, complex assemblies, and custom-designed components. The firm provides end-to-end solutions, from initial design and prototyping to mass production and final assembly. Its services include in-house tool making, ensuring rapid mold development and high precision. Additionally, MTP emphasizes quality assurance, utilizing industry-specific ERP systems and rigorous testing processes to meet stringent industry standards and customer requirements.
Micro Tech Polymers specializes in high-quality plastic injection molding and mold making, serving diverse industries with innovative solutions
Micro Tech Polymers stands out in the plastic injection molding industry through its commitment to innovation, quality, and customer-centric approach. The firm have invested significantly in advanced technologies, including all-electric injection molding machines for energy efficiency and sustainability. Its robust ERP system ensures full traceability and efficient decision-making, while cloud-based data storage enhances operational transparency. MTP conducts regular process and product audits, maintaining stringent quality control. Its focus on training engineers in quality tools like APQP, PPAP, and IATF audit processes ensures high standards. Additionally, MTP's strong R&D capabilities drive continuous improvement and adaptation to market trends, enabling them to offer cutting-edge solutions and maintain a competitive edge in the industry.
Micro Tech Polymers is focused on scaling up its production processes with new technologies and developing products for direct customer supply. The firm aims to be the preferred supplier for high-quality plastic components by enhancing efficiency and reducing development times through advanced machinery investments. MTP is also prioritizing sustainability, with plans to expand the use of energy-efficient all-electric injection molding machines. “Additionally, MTP is dedicated to furthering its team’s expertise and maintaining strong customer relationships”, says Senthil.