Kineco Exel Composites India

What Kineco Exel Composites India does

Kineco Exel Composites India Private Limited is a Goa-headquartered joint venture established in 2021 between The Kineco Group (Goa, India) and Exel Composites (Finland) to manufacture custom composite solutions in India using continuous pultrusion technology. It operates from a single facility at Plot No 41, Pilerne Industrial Estate, Bardez, Goa, and is staffed by 18 employees as a B2B contract manufacturer serving Indian industrial customers.

The company's core product is custom-engineered pultruded composite profiles. Its process continuously pulls reinforcing fibers, mats, and veils through a resin impregnation system and then through a heated die where the composite is formed, before being cut to length for packaging. The firm engineers each profile to customer specifications, selecting resin and reinforcing fibers per application. End-uses explicitly named on the company website include panels for buses and trains, components for wind turbine blades, and radomes for telecommunications, with additional pursuit of infrastructure, aerospace & defence, and building & construction applications.

Revenue is generated through one-time, quote-based manufacturing contracts — pricing is not publicly disclosed and is set per engagement based on the chosen resin/fiber combination and profile complexity. The go-to-market is direct enterprise field sales to Indian industrial customers, supported by a content-marketing website and direct phone/email contact channels. The company is privately held, has no funding rounds on record, and is wholly positioned as a domestic Indian manufacturer rather than an exporter.

Name

Kineco Exel Composites India

Legal name

Kineco Exel Composites India Private Limited

Website

https://kinecoexelindia.com

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

Kineco Exel Composites India is a Goa-based joint venture of Kineco Group and Finland's Exel Composites that designs and manufactures custom pultruded composite profiles for Indian B2B customers in transportation, wind energy, infrastructure, telecommunication, aerospace & defence, and building & construction.

Ownership category

akta.pro rank

Product category

Industrial Composite Materials

NAICS

Resin, Synthetic Rubber, and Artificial and Synthetic Fibers and Filaments Manufacturing (3252)

SIC

Plastic Material, Synth Resin/Rubber, Cellulos (No Glass) (2820)

akta.pro primary industry

FRP/GRP & Composite Materials (Resins, Fibers, Core Materials) (IMAJAKAC)

akta.pro secondary industry

Composite Reinforcement Textiles (Carbon/Glass/Aramid Fabrics & Preforms) (IMAOADAH)

Keywords

• Composite materials manufacturing
• Pultruded composite profiles
• Continuous pultrusion technology
• Industrial composite solutions
• Fiber reinforced composites

Headquarters

HQ city

Bardez, Goa

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales

Revenue model

1. Composite Solutions Manufacturing: Designs, engineers, and manufactures composite solutions using continuous pultrusion technology. Revenue is generated through the production and sale of custom pultruded composite profiles for industrial applications. The company works with customers throughout the product design process to deliver customized solutions.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Kineco Exel Composites India designs, engineers, and manufactures custom composite solutions using continuous pultrusion manufacturing technology. The company produces custom profiles with consistent quality for Indian industrial customers across transportation, wind energy, infrastructure, telecommunication, aerospace & defence, and building & construction. It selects the appropriate resin and reinforcing fibers based on each customer's application requirements and works alongside them throughout the product design process.

Product overview

Kineco Exel Composites India is a joint venture between Kineco Group (India) and Exel Composites (Finland) that designs, engineers, and manufactures composite solutions using continuous pultrusion manufacturing technology. Their core offering is custom pultruded composites solutions, where they engineer composites based on customer needs using the best choice of resin and reinforcing fibers. The company serves multiple industries including Transportation (panels for buses and trains), Wind Energy (components for wind turbine blades), Infrastructure, Telecommunication (radomes), Aerospace & Defence, and Building & Construction. Their pultrusion process continuously pulls reinforcing fibers, mats, and veils through resin impregnation and into a heated die where the composite is formed, then cut to length for packaging and transport.

Differentiator

Problem solved

Functional benefit

Products and services

• Pultruded Composites Solutions Custom-designed, engineered, and manufactured composite profiles produced via continuous pultrusion for industrial buyers in transportation, wind energy, infrastructure, telecommunication, aerospace & defence, and building & construction.

Quantifiable outcome

• Consistent quality in every metre produced through continuous manufacturing process

Segments6 records

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Two partnerships are on record, tiered core.

• Kineco GroupcoreStrategic or Co-development PartnerThe Kineco Group, headquartered in Goa, India, is one of two joint venture partners in Kineco Exel Composites India. Kineco provides advanced composites solutions for transportation, aerospace, defense, infrastructure, and telecommunication industries across India. Their long and established position in the Indian composites industry enabled Exel to expand into India with a 'flying start'.
• Exel CompositescoreStrategic or Co-development PartnerExel Composites, headquartered in Finland, is one of two joint venture partners in Kineco Exel Composites India. Exel provides technological expertise and composites know-how particularly in pultrusion, enabling Kineco's pultrusion business to reach the next level. Exel serves customers in a wide range of industries globally with sales, R&D, and manufacturing footprint in Austria, Belgium, China, Finland, UK, and USA. This strategic investment provides Exel with direct presence in the fast-growing Indian composites market.

Scale indicators2 records

Recent moves4 records

Expansion highlights4 records

Broad incumbents

• Gurit: Swiss-listed composites specialist with broader composite materials and engineered core products serving wind energy, transportation and marine end-markets. Comparable on wind-blade and transportation composites exposure, though operates a wider materials portfolio beyond pultrusion.
• Scott Bader: Global chemical company manufacturing resins, gelcoats and composite materials used by pultrusion and FRP producers. Adjacent comparator as a key upstream resin supplier to the pultrusion industry with overlapping technical and customer context.

Direct peers

• Werner Composites: German pultrusion specialist producing composite profiles and components for industrial and infrastructure applications. Comparable as a focused pultrusion manufacturer with similar custom-engineered value proposition.
• Strongwell Corporation: Largest US-based pultrusion manufacturer producing FRP structural profiles, grating, and custom composite shapes for infrastructure, transportation and industrial customers. Highly comparable on core technology (pultrusion) and end-market profile.
• Exel Composites: Finnish global pultrusion leader and 50/50 JV parent of Kineco Exel Composites India. Operates factories in Austria, Belgium, China, Finland, the UK and the USA across the same vertical end-markets (transportation, wind, infrastructure, telecom), making it the closest functional and portfolio comparable.
• Pultron Composites: New Zealand-based pultrusion manufacturer producing fiberglass-reinforced polymer profiles for infrastructure, marine and industrial markets. Comparable as a focused pultrusion company with global customer base and similar technology stack.
• Creative Pultrusions: US pultrusion company producing custom pultruded profiles, structural shapes, and FRP components for construction, transportation and utility markets. Directly comparable as a custom pultrusion manufacturer serving similar industrial verticals.
• Kineco Group: Indian parent JV partner and established composites manufacturer serving transportation, aerospace, defence, infrastructure, and telecom. Directly comparable as an India-based composites solutions provider with overlapping vertical focus.
• Bedford Reinforced Plastics: US manufacturer of pultruded and molded fiberglass-reinforced plastic (FRP) products including profiles, grating and structural shapes. Directly comparable on pultrusion technology and industrial customer base.
• Fiberline Composites: Danish manufacturer of pultruded carbon- and glass-fiber composite profiles serving wind, transportation, infrastructure and construction. Comparable on continuous pultrusion of advanced fiber-reinforced profiles for the same target verticals.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/kineco-exel-composites-india

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Kineco Exel Composites India