Briefly tell us about the journey of GMS Plastic Machinery since its inception.
GMS started in the year 2000 as a joint venture with M/s. Gamma Meccanica S.p.A., Italy. GMS manufactures plastic extrusion machines with core in waste recycling of plastics. Initially, GMS was dependent on Italy for designs and support but as the team developed, we are today completely independent and have created various equipment in India as well. Now, our hundred percent equipment are produced in India.
How’s been the business for GMS Plastic Machinery in the last one year?
For the year 2019, we clocked 30 percent higher turnover than the previous year. In 2020, if Covid-19 would not have locked us out, we would have crossed our turnover by 20 percent higher than 2019. Covid-19 will lead us to remain at same level of 2019.
Where does GMS Plastic Machinery stand in terms of market share?
In terms of market share, GMS is the number one with nearly 450+ machines already performing with our clients to their brim. Most clients have given us repeat orders. We have a 100 percent retaining ratio in the market when it comes to customer satisfaction.
Where is your production unit located? What kind of manufacturing capabilities and capacities do you have?
This story is from the April - May 2020 edition of ET Polymers.
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This story is from the April - May 2020 edition of ET Polymers.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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