UPM’s Delhi Hub Shifts the Cost of Waiting
How will a new inventory location change short-lead-time orders and working capital in northern India?
In March 2026, UPM Adhesive Materials announced plans for a slitting and distribution site near New Delhi. It will not manufacture materials. It will hold parent rolls close to demand and cut them to the required width after an order arrives. The question is not simply whether lead times fall, but who takes on the inventory and financing burden.
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Translated from Japanese by AI. The Japanese original is authoritative.

UPM announced a parent-roll converting site near Delhi. What UPM planned was not a plant that coats materials, but a downstream site serving northern and eastern India. It will store materials, slit them to the ordered width and distribute them.…
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