Maruti Interior Products is planning to invest in Arrowin Metaltech India, following the successful completion of a comprehensive due diligence process.
The investment is in line with company’s strategic vision to strengthen its position in the rapidly growing market for Telescopic Drawer Slides. This market is poised for significant expansion, supported by recent policy initiatives by the Government of India aimed at boosting local manufacturing under the Make in India initiative. Specifically, the imposition of Bureau of Indian Standards (BIS) regulations and the Anti-Dumping Duty (ADD) on Telescopic Ball Bearing Slides is expected to reduce India's dependency on imports and provide a favorable environment for domestic players.
Arrowin Metaltech has already secured the critical BIS certification, underscoring its commitment to quality and compliance with industry standards. This partnership will enable both companies to capitalize on a robust and growing order book, further driving local production and contributing to the national economic goals. As part of the agreement, the company will work closely with Arrowin Metaltech to enhance product innovation, streamline production processes, and expand market reach. This collaboration is expected to yield significant benefits, not only for both organizations but also for the broader manufacturing ecosystem in India.
Maruti Interior Products is manufacturer of high quality and durable range of modular Vertical Storage, Corner Storage, Drawer Pull Outs, Aluminium Profiles for Kitchens & wardrobe, Midway Storage etc.
| Company Name | CMP |
|---|---|
| SIS | 316.75 |
| TeamLease Services | 1924.55 |
| RattanIndia Ent | 42.21 |
| Updater Services | 283.00 |
| Mach Confer. & Event | 191.90 |
| View more.. | |
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