Toray Industries will establish its first India-based PPS resin plant in Andhra Pradesh, boosting local production, supply resilience, and global capacity.
Japanese chemical giant Toray Industries Inc., through its Indian subsidiary, is set to establish a new polyphenylene sulfide (PPS) resin production facility in Sri City, Andhra Pradesh, India. This strategic move, announced in early June 2026, marks Toray's first in-house PPS compounding line in India and represents a significant expansion of its global engineering plastics business.
The new plant will boast an annual production capacity of approximately 3,000 metric tons of Torelina™ PPS resin. Operations are slated to commence in early 2027, with sample shipments to customers expected by April 2027, followed by a rapid ramp-up to full-scale mass production. This expansion will elevate Toray's global PPS production capacity from 33,600 tons per year to 36,600 tons per year, reinforcing its standing as a leading supplier of PPS materials worldwide.
Several key factors are driving Toray's substantial investment in India. Economically, India is experiencing robust growth, with its economy projected to expand at an annual rate of approximately 7%. This growth directly fuels a surge in demand for high-value-added and premium consumer goods, including automobiles and home appliances. Furthermore, India is anticipated to be the fastest-growing market globally for PPS resin consumption between 2024 and 2029, making it a critical region for Toray's strategic growth.
Geopolitically and industrially, the Indian government's "Make in India" initiative and Production-Linked Incentive (PLI) schemes are playing a pivotal role. These policies actively encourage local manufacturing and the domestic procurement of components, leading to a clear trend of import substitution. Consequently, there is an explosive growth in demand for locally produced resin materials like PPS, as manufacturers increasingly shift away from imported alternatives.
The consequences and impacts of this investment are multi-faceted. From an industry-specific perspective, the new facility will significantly strengthen Toray's engineering plastics portfolio in India. It will operate in synergy with Toray's existing nylon and polybutylene terephthalate (PBT) resin compound operations in the country. PPS is a high-performance material widely utilized in critical applications such as automotive electrical systems, engine components, electronics, and various industrial sectors, owing to its exceptional heat resistance, dimensional stability, and chemical resistance.
Economically, the project is expected to contribute to local job creation and reduce India's reliance on imported high-performance resin materials, fostering a more self-sufficient manufacturing ecosystem. Strategically, this investment is integral to "TORAY Challenges 2035," Toray Group's long-term management strategy, which aims to enhance localized production capabilities, bolster supply chain resilience, and solidify its global leadership in PPS resin manufacturing. To further support its expanded operations and strengthen its market presence, Toray also plans to open a new office in Pune, Maharashtra, in July 2026, to enhance its production, sales, and technical support network across India.
