Thermal Interface Materials (EV/Power)
$0.15 bnAnnual import
15%Indian capability
4,150Supplier concentration (HHI)
₹600 crTo localise
Why India imports it. Dow, Parker, Shin-Etsu dominate; India has small formulation lines.
Why it matters. Thermal runaway prevention in EV batteries.
Can India localise it? Yes - 2-4 years.
Where it comes from. USA (55%), Germany (30%), Japan (15%).
Scorecard
The ten indices
CMDI 61Dependency
LPI 56.5Localisation potential
IAI 65Investment attractiveness
SRI 62Supply risk
SCI 57.75Supply-chain complexity
TRI 39.5Technology readiness
IMI 77Industrial multiplier
NSRI 46National-security relevance
EPI 65.25Export potential
ICGI 65Capability gap
Who makes it
Manufacturers
In India
Henkel Adhesive Technologies India
Global leaders
DowParker HannifinShin Etsu
Intelligence
Related signals
- India Now Has a Structured Map of Where It Stays Import-Dependent
- Where Dependency Meets Feasibility: SiC Power and Display-Driver ICs Are the Build-Now Surfaces
- Battery Materials Processing — Lithium, Cobalt, Nickel and the Cell-Ecosystem Opportunity
- Magnet-Free Motors Could Redraw India's Rare-Earth Value Chain
Sources
Primary references
Confidence: Reasoned estimate. Reasoned estimate. Part of Techadyant Labs' Critical Manufacturing Dependencies (Edition I).