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Time Technoplast’s arm ties up with automotive battery manufacturer in Indonesia

07 Dec 2016 Evaluate

Time Technoplast’s subsidiary- NED Energy has tied up with one of the largest and reputed technology based (Japanese) automotive battery manufacturer in Indonesia. Under the arrangement, the company would market and distribute automotive batteries for four wheelers under its own brand (MAXPOWER) on way to manufacture these batteries locally in future.

The company proposes to target high growth “aftermarket” and leverage upon its distribution channel for industrial batteries. In addition, the company would also be able to offer through this arrangement some specialized batteries which are not included in its present product range.

Time Technoplast is engaged in manufacturing a range of manufacturing polymer packaging products. The product range of the company includes Industrial Packaging- Under this segment the company manufactures drums and containers, PET sheets, conipack pails and buckets.

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