Toray Industries India Private Liminited

What Toray Industries India Private Liminited does

Toray Industries India Private Limited (TID) is the wholly-owned Indian manufacturing arm of Japan-listed Toray Industries, Inc. (TSE: 3402), a 1926-founded materials conglomerate. Established in January 2014 and headquartered at the Sri City Plant in Andhra Pradesh (with sales/coordination offices in Gurgaon and Chennai), TID manufactures engineering plastics (nylon, ABS, PBT, PPS), polypropylene spunbond non-wovens, and air filters for Indian domestic customers and foreign OEMs in the automotive and industrial sectors. The Toray Group's presence in India comprises three entities: TID (manufacturing, wholly-owned since 2014), Toray International India Private Limited (TIID, trading/import-export, wholly-owned since March 2011, headquartered in Mumbai with offices in Gurgaon, Chennai, and Dubai), and Toray Kusumgar Advanced Textile Private Limited (TKAT, Gujarat-based airbag-fabric joint venture with Kusumgar Corporates since September 2014).

Underlying capabilities, all developed and transferred from the parent group, rest on four core platforms: polymer chemistry, organic synthetic chemistry, biotechnology, and nanotechnology. The Indian operations are positioned as part of the parent's Asia and Emerging Country Business Expansion (AE) Project and draw on parent R&D scale (a 220 billion yen three-year R&D budget, a 2019 Innovation Center for the Future) and trademarks including TORAYCA™ carbon fiber composites (Boeing-primary-structural on the 787 and 777X), LUMIRROR™ polyester film, TORAYFAN™ polypropylene film, ROMEMBRA™ RO membranes, TORAYVINO™ household purifiers, and 3D-Gene® DNA chips.

Commercially, the India entities operate a B2B industrial-materials model with quote-based, multi-year enterprise contracts; no public pricing exists. Distribution combines direct enterprise field sales with applications-engineering support, regional sales offices (Mumbai, Gurgaon, Chennai, Dubai), and the TKAT manufacturing JV for airbag customers. Customer segments span automotive OEMs and ancillary suppliers (engineering plastics, airbag fabric, PP spunbond), industrial and municipal water-treatment facilities, electronics manufacturers, and—via the parent—global marquee accounts such as Boeing and UNIQLO. Revenue is not disclosed at the India-entity level; the parent group reported ¥2,563.3 billion (~US$17 billion) consolidated revenue for the fiscal year ending March 2025.

Name

Toray Industries India Private Liminited

Legal name

Toray Industries (India) Private Limited

Website

https://toray.in

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

11–50 employees

Short description

Wholly-owned Indian subsidiary of Japan's Toray Industries, Inc., operating manufacturing (engineering plastics, polypropylene spunbond, air filters), airbag-fabric JV, and trading entities serving automotive, water-treatment, electronics and textile customers across India and the Middle East.

Ownership category

akta.pro rank

Product category

Advanced Industrial Materials

NAICS

Resin, Synthetic Rubber, and Artificial and Synthetic Fibers and Filaments Manufacturing (3252), All Other Textile Product Mills (31499)

SIC

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

akta.pro primary industry

Technical Fabric Mills (Performance/Protective/Medical Substrates) (IMAOABAH)

akta.pro secondary industry

Protective & Safety Textiles (FR/Arc/Heat/Cut/Chemical) (IMAOADAA)

Keywords

• Advanced materials manufacturing
• Engineering plastics
• Carbon fiber composites
• Industrial polymer films
• Reverse osmosis membranes

Headquarters

HQ city

Tokyo

HQ country

Japan

HQ region

Asia

Offices7 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Fibers and Textiles: Manufacturing, processing and sales of filament yarns, staple fibers, spun yarns, woven and knitted fabrics of nylon, polyester, acrylic and others; non-woven fabrics; ultra-microfiber non-woven fabric with suede texture; apparel products.
2. Performance Chemicals: Nylon, ABS, PBT, PPS and other resins and molded products; polyolefin foam; polyester, polyethylene, polypropylene and other films and processed film products; raw materials for synthetic fibers and other plastics; fine chemicals; electronic and information materials and graphic materials.
3. Carbon Fiber Composite Materials: Carbon fibers, carbon fiber composite materials and their molded products for aerospace, automotive, general industrial, and sports applications.
4. Environment and Engineering: Comprehensive engineering; condominiums; industrial equipment and machinery; IT-related equipment; water treatment membranes and related equipment; materials for housing, building and civil engineering applications.
5. Life Science: Pharmaceuticals and medical devices including 3D-Gene® DNA chips and other bio-tools for personalized and preemptive medicine.
6. Technology Licensing: Since 1985, Toray has actively licensed several new technologies to Indian companies and other emerging markets.
7. Import/Export Trading: Toray International India Private Limited handles import, export and general trading services for fibers, textiles, plastics, films, chemicals, electronics materials, carbon fibre, and RO products.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels4 records

Core offering

Toray Industries India Private Limited (TID) manufactures and sells advanced industrial materials in India as a wholly-owned subsidiary of Toray Industries, Inc. (Japan). Its core offerings include engineering plastics (nylon, ABS, PBT, PPS), polypropylene spunbond non-wovens, air filter materials, and RO membrane products, produced at the Sri City Plant in Andhra Pradesh. The broader Toray Group in India distributes fibers, textiles, films, chemicals, electronics materials, carbon fibre composites, and RO products through TIID trading operations, with airbag fabric manufactured via the TKAT joint venture with Kusumgar Corporates.

Product overview

Toray Industries India Private Limited (TID) is the Indian subsidiary of Toray Industries, Inc., a Japanese materials manufacturer established in 1926. TID operates as part of the Toray Group, which manufactures and sells fibers & textiles, plastics & chemicals, IT-related products, carbon fiber composite materials, environment & engineering services, water purification products, and life-science drugs and medical devices. The company's portfolio includes TORAYCA™ carbon fiber composites for aerospace and automotive applications, TORAYVINO™ water purifiers using RO membrane technology, 3D-Gene® DNA chips for medical research, and various industrial films including LUMIRROR™ polyester film and TORAYFAN™ polypropylene film. Toray also produces engineering plastics (nylon, ABS, PBT, PPS), polypropylene spunbond non-wovens, airbag fabrics through its TKAT joint venture, and branded textiles like Ultrasuede® and Ecsaine® ultra-microfiber materials. The company's Indian operations produce engineering plastics (since 2019), polypropylene spunbond (since 2020), and air filters (since 2023) at its Sri City Plant in Andhra Pradesh.

Differentiator

Problem solved

Functional benefit

Products and services

• Engineering Plastics Engineering plastic resins including nylon, ABS, PBT, and PPS, with around 50% of output going to the automotive industry for vehicle components.
• Polypropylene Spunbond Non-woven fabric produced by spunbond process for automotive and industrial applications, manufactured at the Sri City Plant.
• Air Filter Materials Filtration materials for air filter applications, produced at the Sri City Plant for industrial and consumer use.
• TORAYCA Carbon Fiber Composite Materials PAN-based carbon fibers and composite materials including pre-pregs and textiles, used in aerospace, automotive, sports, and renewable energy applications such as wind turbine blades and hydrogen tanks.
• Airbag Fabric Nylon fabric manufactured by Toray Kusumgar Advanced Textile Private Limited (TKAT) for automotive airbag applications, addressing rising Indian demand driven by mandatory crash testing.
• RO (Reverse Osmosis) Membrane Elements World-leading reverse osmosis membrane technology under the ROMEMBRA brand, used for brackish/sea water treatment and wastewater recycling in industrial and municipal applications.
• TORAYVINO Water Purifier Household water purifier using Toray's compact water-treatment membrane technology that removes unwanted substances while leaving mineral content intact.
• LUMIRROR Polyester Film Polyester film used in telecommunications, electronics, and environmental and energy applications.
• Torelina PPS Film Polyphenylene sulfide (PPS) film for high-temperature industrial applications.
• TORAYFAN Polypropylene Film Polypropylene film for packaging and industrial applications, including telecommunications and electronics.
• SETELA Battery Separator Film Battery separator film for energy storage applications.
• 3D-Gene DNA Chip High-sensitivity DNA chip with proprietary technology achieving approximately 100-fold higher gene detection sensitivity than conventional methods, used in personalized and preemptive medicine research.
• Import, Export and Trading Services (via TIID) Trading services delivered by Toray International India Private Limited (TIID) for fibers, textiles, plastics, films, chemicals, electronics materials, carbon fibre, and RO products to Indian customers and foreign OEMs.

Quantifiable outcome

• 100-fold gene detection sensitivity improvement with 3D-Gene® DNA chip technology
• +2 more outcomes

Named customers5 records

Segments8 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature16 records

Partnerships

Nine partnerships are on record, tiered major, flagship, minor, core and historical/core.

• Kusumgar Corporates Private LimitedmajorStrategic or Co-development Partner · 1 September 2014Joint venture partner for Toray Kusumgar Advanced Textile Private Limited (TKAT) established September 2014. Kusumgar Corporates (head office: Mumbai) manufactures and sells functional textiles. JV established to manufacture and sell airbag fabric for automotive safety.
• EADS (Airbus)flagshipStrategic or Co-development Partner · 1 January 2010Long-term basic supply agreement signed to supply carbon-fiber prepreg for Airbus aircraft production.
• Daimler AGmajorStrategic or Co-development Partner · 1 January 2010Agreed to jointly develop carbon-fiber-reinforced plastics (CFRP) for automotive parts.
• United Nations Association of New YorkminorOthers · 1 January 2008Received 2008 Humanitarian Award for environmentally friendly business activities and CSR activities targeting sustainable social growth and prevention of climate change.
• UNIQLO Co., Ltd.flagshipStrategic or Co-development Partner · 1 January 2006Strategic partnership started in 2006 with agreement to set and share five-year targets. UNIQLO markets HEATTECH™ thermal clothing developed with Toray materials. Third five-year strategic partnership agreement signed in 2015 for 2016-2020. Materials have power to fundamentally change society, with HEATTECH™ pioneering and creating a new market.
• The Boeing CompanyflagshipStrategic or Co-development Partner · 1 January 1990TORAYCA™ carbon fiber prepreg certified as primary structural material for Boeing aircraft. Long-term supply agreements: Boeing 787 Dreamliner (certified 1990 for tail assemblies, expanded to all primary structural elements including main wings), Boeing 777X agreement signed 2015 for new aircraft program.
• Toyo Rayon Science Foundation (now Toray Science Foundation)coreOthers · 1 January 1960Established in June 1960 with ¥1 billion to promote and support basic science activities independently of Toray's business. Provides science and technology aid grants and bestows awards for outstanding achievements in science and technology.
• Imperial Chemical Industries Ltd. (ICI)historical/coreTechnology or Integration · 1 January 1957Polyester technology licensing agreement signed in February 1957 jointly with Teikoku Rayon Co., Ltd. (now Teijin Limited). Construction of Mishima Plant completed April 1958.
• E. I. DuPont de Nemours & Co.historical/coreTechnology or Integration · 1 January 1951Nylon technology licensing agreement concluded on June 11, 1951 with royalty of 3% of sales and prepayment of $3 million. Toray developed Nylon 6 based on its own technology while avoiding DuPont patents.

Scale indicators11 records

Recent moves17 records

Expansion highlights6 records

Direct peers

• Kusumgar Corporates Private Limited: Indian functional textile manufacturer and Toray's TKAT joint venture partner, producing technical textiles including nylon fabrics, coated fabrics, and industrial textiles. Headquartered in Mumbai with parallel product offerings to Toray India, and is the JV partner specifically for airbag fabric manufacturing.
• SRF Limited: Indian technical textiles and specialty chemicals manufacturer with a directly comparable product mix including technical fabrics, fluoropolymers, packaging films, and engineering plastics. SRF serves automotive OEMs, industrial customers, and has an established multi-decade India manufacturing footprint, making it the most relevant domestic peer.
• Toyobo Co., Ltd. (India operations): Japanese specialty textile and advanced materials company with parallel offerings in industrial fibers, technical textiles, and engineering films. Comparable product overlap with Toray India's PP Spunbond and airbag fabric operations, with similar B2B enterprise sales motion.
• Teijin Limited (India operations): Japanese advanced materials conglomerate with parallel product portfolio across aramid fibers, carbon fiber, films, and engineering plastics. Teijin India operates in technical textiles and high-performance materials with similar customer base in automotive and industrial OEMs, making it the closest Japanese peer.
• Kuraray Co., Ltd. (India operations): Japanese specialty chemicals manufacturer with comparable product lines in PVA, EVAL barrier resins, and engineered polymers. Active in India through subsidiaries and distributors serving automotive and industrial customers, with parallel B2B specialty materials positioning.

Broad incumbents

• Mitsubishi Chemical Group (India operations): Larger Japanese chemical and materials conglomerate with extensive India presence across engineering plastics, specialty chemicals, and industrial materials. Broader portfolio than Toray India but overlapping in engineering plastics (nylon, ABS, PBT) for automotive applications.
• Asahi Kasei Corporation (India operations): Japanese diversified materials manufacturer with comparable product lines in engineering plastics, synthetic fibers, membranes, and electronic materials. Operates in India through sales offices and serves similar automotive and industrial OEM customers with a wider product breadth than Toray India.
• DuPont India (E. I. du Pont de Nemours operations): American advanced materials multinational with extensive India operations across engineering polymers, specialty chemicals, and electronics materials. Historical licensing partner relationship with Toray (Nylon technology 1951) and overlapping product portfolio in nylon resins and specialty materials serving automotive and industrial OEMs.
• BASF India Limited: German chemical giant's Indian subsidiary with broad product portfolio in engineering plastics, performance chemicals, and specialty materials. Serves automotive, industrial, and consumer customers across India with multi-decade presence, representing the broadest incumbent competitor in Toray India's addressable market.

Regional players

• Tata Advanced Materials Limited: Indian advanced composites and materials manufacturer focused on aerospace, defense, and industrial applications including carbon fiber composites. Directly comparable in advanced materials manufacturing for aerospace/automotive customers within the Indian market, with potential partnership or competitive overlap.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat7 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/toray-industries-india-private-liminited

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries3 records

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 Toray Industries India Private Liminited