DGM India wrapped up the 15th Printpack on a high note as it closed concrete deals for 15 machines during the five-day expo. The company has sold five die cutters, one hot foil stamping machine, and nine folder gluers.
“The expo was very good for us as we got 15 machines deals during the five days show. We have also got very solid enquiries from potential customers not only in India but they are from Nepal and Bangladesh as well. We got visitors from across the Indian subcontinent,” said Puneet Aggarwal, director, DGM India.
Aggarwal said the show was very well organized and he met a lot of very serious customers. “I am extremely satisfied with the response we got at Printpack. I give full marks to the organizers,” he said.
Aggarwal added that with all the big names in our kitty of satisfied customers like Miraj, Kumar Printers, Galaxy Offset, Sangat Printers, Miracle Print, Omega, Sterling Publisher, Pragati Pack, Param Packaging, QOT, and Perfect Print that even existing old players are moving out their investment cycle from old monopolistic supplier’s who offer machine, service and spares at a very high cost to the affordable and serious suppliers with direct presence and service setup.
Sun Industries from Baddi has bought four machines from DGM. It has booked one Technocut 1050S die cutter with stripping and one Technocut 1050 without stripping. Sun Industries has also bought one Smartfold 1100SL which can process four and six corner cartons. It has bought another Smartfold 800PC which can process only straight line and lock-bottom cartons.
Noida-based Lynx Designers has booked a hot foil stamping machine and a Smarfold 1100SL. Shree Devi Packaging from Agra has bought a Technocut 1050 die cutter which is without stripping and a Technofold 1100PC folder gluer.
“Lynx have been using our die cutter for last eight months and were extremely happy with our machine. That is why they have now ordered two more DGM equipment,” said Agarwal
Zaware Creative from Pune has bought one Technocut 1050 die cutter which is without stripping and one Smartfold 1100SL folder gluer. “Zaware were commercial printers who diversified into packaging in 2016 and are now going for automation,” Agarwal said.
Winpack Ventures from Chennai has bought one Technofold 1100AC while Santoshi Enterprises from Noida has bought a Technofold 1100C.
Apex India Consortium from Lucknow has signed a deal for Smartfold 1100Sl fully loaded folder gluer. Agarwal said that he would not like to disclose the names of the customers for the two machines as that would happen only after the equipment is installed.
“A lot of converters from tier 2 and tier 3 cities have bought our machines and this shows that players in the carton segment in India now want to provide quality to brand owners. We expect to close more deals by the end of the Printpack,” Agarwal said.
Making in India
Agarwal told Packaging South Asia on the first day of Printpack that DGM is seriously looking to expand its manufacturing capabilities in India. At present, DGM India imports semi-assembled machines which are then fully assembled at its plant in Delhi NCR. Agarwal says the indigenization of manufacturing will happen in two stages. In the first stage, the company plan to fully assemble the machines here. And in the second stage, it will look to manufacture all parts in India.
Aggarwal took charge of DGM India in late 2018 and since then the company has seen robust growth and the number of employees has also grown. The company now has 17 employees, 12 of them only for after-sales services. The company is excited to predict 100+ installations in India by the end of 2022.