Rapid growth in India’s tape manufacturing industry is propelled by the positive relationship between infrastructure development and growing consumer expenditures. Moreover, this growth is further accelerated by government efforts to boost local industries while reducing reliance on imports, especially Chinese products. Meanwhile, over the last five years, the industry has undergone significant structural changes accompanied by increased competition as more companies enter the market. Also, a decreased share of imported tapes speaks to better quality and more competitive pricing of domestically made ones. Deon Tapes Industries ('Deon') has navigated the aforementioned structural changes within India’s tape manufacturing industry and cemented itself as one of the leading producers of excellent PVC electrical and industrial tapes. Established in 2017, the company combines modern technology with sustainable practices to provide innovative taping solutions that can be trusted across various industrial sectors.
Deon embarked on its journey with a vision to become a leader in India's tape manufacturing industry, driven by the 'Make in India' and 'Atmanirbhar Bharat' initiatives by our Honorable Prime Minister. From its existing production facility in Silvassa, the firm quickly established itself as a key player, specializing in PVC electrical insulation tapes. The company has consistently expanded its production capacity, averaging an increase every year and a half, to meet growing market demand. Today, the firm’s capacity has tripled since its inception, supplying to over 80 brands across India.
Recognizing the immense market potential, the firm commenced the construction of a state-of-the-art facility in Vadodara in 2023, poised to be four times the size of the Silvassa site.
Innovative and high-quality tape manufacturing
Deon specializes in PVC electrical insulation tapes and has become a leading manufacturer in India. In addition to insulation tapes, the firm produces a variety of industrial tapes with different adhesive types including but not limited to aluminum foil tapes, double-sided tissue tapes, and HDPE fabric tapes. The company's extensive product portfolio is supported by its vertically integrated operations, which include in-house manufacturing capabilities for packing materials and a planned calendar plant for PVC-based products. The firm also excels in providing tailored solutions through its contract manufacturing services, which offer flexible production capabilities designed to meet specific client requirements. The company's in-house operations ensure seamless integration with existing client systems, managing critical processes within their facilities.
Deon stands out from its competition through its bold capital investments to scale up operations and achieve significant economies of scale, enhancing both efficiency and cost-effectiveness. The company's commitment to vertical integration ensures complete control over the production process, from raw materials to finished products, providing consistent quality and responsiveness to market demands. Deon's extensive global network helps it stay ahead of industry trends and technological advancements. The firm also prioritizes sustainability, investing in a solvent recovery system to minimize emissions, an effluent treatment plant to manage chemical discharge, and rainwater harvesting to reduce groundwater use. This dedication to eco-friendly practices complements the diverse management team’s experience in both East Asia and India, combining operational efficiency with local market insights while also simultaneously creating a professional network that spans the globe, and thus driving the company’s growth and innovation.
Deon Tapes Industries is a leading Indian manufacturer of high-quality PVC electrical and industrial tapes, committed to innovation and excellence
Deon is set to expand its footprint with a new state-of-the-art facility in Vadodara, scheduled to launch in Q4 2024, that will include its own calendar plants for backward integration. The new facility will help Deon enhance quality of existing PVC product, expand product offerings, increase production capacity, and position itself to look beyond India and enter overseas markets. This is in line with Deon’s long term goal of becoming one of the leading Indian exporter of tapes.
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