Vystar Corp (VYST)

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Coincidence? Think Again!
Dr Ranjith Matthan, one of the foremost experts in NRL technology and rubber science, has been on VYST's board since 2008!

According to McKinsey, "India is expected to emerge as the world’s third-largest passenger-vehicle market by 2021.1 It took India around seven years to increase annual production to four million vehicles from three million. However, the next milestone—five million—is expected in less than five years.

India is also a prominent auto exporter and has strong export growth expectations for the near future. Automobile exports grew 15.54 per cent during April 2018-February 2019. It is expected to grow at a CAGR of 3.05 per cent during 2016-2026. In addition, several initiatives by the Government of India and the major automobile players in the Indian market are expected to make India a leader in the two-wheeler and four wheeler market in the world by 2020.

Indian automotive industry (including component manufacturing) is expected to reach Rs 16.16-18.18 trillion (US$ 251.4-282.8 billion) by 2026.

Take a look at this press release from earlier this year!!
To think, the entire country of India, one of the most rapidly expanding countries in terms of population and economic growth has put their enTIRE future in Dr. Matthan's hands...VYST's NRL is about to be the Jewel of India!



Dr Ranjith Matthan to head IRMRA
Jan 5, 2019

Dr Ranjith Matthan to head IRMRA
The Government of India has appointed Dr Ranjith K Matthan, Director of Polymer Consultancy Services (P) Ltd, as the new President of Indian Rubber Manufacturers Research Association (IRMRA), effective from January 2019 .
He succeeds Rajendra V Gandhi who completed his tenure in December 2018. Under his leadership, IRMRA achieved several milestones including initiating new branches in its landmark Diamond Jubilee Year 2018.
He also made significant contributions to promoting IRMRA’s services in support of the MSME sector, especially the non-tyre industry. “Shri Gandhi was always helpful, humble, approachable and available whenever we were in need,” recalls Dr Rajkumar, Director, IRMRA.
Dr Ranjit Matthan is a well-known international expert on Rubber Technology. He has been associated with IRMRA for more than 35 years as a member of its Governing Council and Research Advisory Committee.
Dr Matthan played a key role in the preparation of the proposal to establish the Centre of Excellence for Tyre Research, Testing and Certification during the 11th Five Year Plan which was sanctioned by the Department of Industrial Policy & Promotion (DIPP), Ministry of Commerce and Industry, Govt of India.
Dr Matthan did his PhD in Rubber Science from National College of Rubber Technology, London. He is a Fellow of the Royal Chartered Institute of Materials, Minerals and Mines, UK. He is a recipient of several awards including the K M Phillip Award (2005-06) and the prestigious Hancock Medal of the Institute of Materials, UK. (2014). He is an Advisor to several international rubber companies involved in the sustainable rubber value chain.
Dr Rajkumar said Dr Matthan was very supportive during the past three years when he had the opportunity to work with him. His vast experience at the international level will be immensely helpful for IRMRA’s growth and sustainable development. He played a vital role in starting IRMRA’s Southern branch in Sri City, Andhra Pradesh, Dr Rajkumar said.
As the incoming President of IRMRA, Dr Matthan wishes to uphold the rich legacy of his illustrious predecessors, including Padma Shri K M Philip, Onkar S Kanwar, Dr Raghupati Singhania and Rajendra Gandhi.


https://www.rubberasia.com/2019/01/05/dr-ranjith-matthan-to-head-irmra/