Echaar Equipments, a leading manufacturer of flexographic printing machines in India, is targeting to install four machines in the financial year 2024. The company is confident of achieving its target, driven by the strong growth in the Indian flexible packaging market.
“The Indian flexible packaging market is witnessing very strong growth. We have had a good FY2023 and the FY2024 is likely to be good for our company. We expect to install four presses in the current fiscal. We already have three CI flexo presses installed in India. If we do not face any issues in component supplies, we are confident of attaining the target,” said Kirti Panchal, managing director of Echaar Equipments, on the sidelines of the 10th Speciality Films & Flexible Packaging Global Summit 2023 held in Mumbai on 31 August and 1 September.
Echaar Equipments has been in operation for over 20 years and has a strong track record of providing high-quality flexographic printing machines. Its machines are used by a wide range of customers, including food and beverage manufacturers, pharmaceutical companies, and cosmetics brands.
The Indian flexible packaging market is growing at a rapid pace, due to the increasing demand for packaged food and beverages, pharmaceuticals, and cosmetics. The growth is expected to continue in the coming years, providing a strong demand for flexographic printing machines.
Echaar Equipments is well-positioned to capitalize on this growth. The company, which has a strong product portfolio and a dedicated team of engineers and technicians, says it is committed to providing excellent customer service.
“We have a strong product portfolio and a dedicated team of engineers and technicians. We are also committed to providing excellent customer service,” Panchal said.
Echaar Equipments is also aggressively marketing its stack flexo presses. These presses are aimed at the top end of the market and can print laminates, half-tone printing for paper or poly bags, etc.
“We are not catering to the lower end of the market,” Panchal said. “We are offering advanced stack flexo presses that can print on a variety of substrates.”
Excellent experience at Mumbai Summit
Echaar Equipments has been attending the Speciality Films & Flexible Packaging Global Summit for many years and has always had a great time at the event. This year, the company put up a stand.
“I am a great fan of this event,” Panchal said. “This is my fourth or fifth time at the Speciality Films & Flexible Packaging Global Summit. I have always enjoyed coming here as this is a great platform to network with the industry.”
