DGM
Sun Industries team at DGM stand (Image: DGM)

DGM India has closed deals for 12 machines in the first three days of the 15th Printpack India show. The company sold a number of folder gluers and die-cutters and one hot foil stamping machine to customers from across the length and breadth of India.

Sun Industries from Baddi bought four DGM machines, one Technocut 1050S die cutter with stripping and another Technocut 1050 without stripping. Sun also purchased a Smartfold 1100SL which can process 4 and 6-corner cartons. It has bought another Smartfold 800PC which can process only straight-line and lock-bottom cartons.

DGM
Shree Devi Packaging team at DGM stand (Image: DGM)

Noida-based Lynx Designers bought a hot foil stamping machine and a Smartfold 1100SL. Shree Devi Packaging from Agra purchased a Technocut 1050 die-cutter without stripping and a Technofold 1100PC folder gluer.

“Lynx have been using our die-cutter for the last eight months and were extremely happy with our machine. That is why they have now ordered two more DGM equipment,” said Puneet Agarwal, director of DGM India.

DGM
Zaware Creative team with Puneet Agarwal of DGM India (Image: DGM)

 

Zaware Creative from Pune bought a Technocut 1050 die-cutter without stripping and a 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 bought a Technofold 1100AC while Santoshi Enterprises from Noida has also bought a Technofold 1100C. “Many converters from tier 2 and tier 3 cities have bought our machines and this shows that more players in the carton segment in India now want to provide quality cartons to their brand owner customers. We expect to close more deals by the end of the Printpack show,” Agarwal said. 

Packaging South Asia — resilient, growing and impactful — daily, monthly — always responsive

The multi-channel B2B in print and digital 17-year-old platform matches the industry’s growth trajectory. The Indian, South Asian, Southeast Asian, and Middle East packaging industries are looking beyond the resilience of the past three years. They are resuming capacity expansion and diversification, with high technology and automation in new plants and projects.

As we present our 2024 publishing plan, India’s real GDP growth for the financial year ending 31 March 2024 will exceed 6%. The packaging industry growth will match the GDP growth in volume terms and surpass it by at least 3% in terms of nominal growth allowing for price inflation in energy, raw materials, consumables, and capital equipment.

The capacity for flexible film manufacturing in India increased by 45% over the past four years. With orders in place, we expect another 20% capacity addition in 2024 and 2025. Capacities in monocartons, corrugation, aseptic liquid packaging, and labels are growing similarly. As the consumption story returns over the next six months, we expect demand to return and exceed the growth trajectory of previous years. The numbers are positive for most of the economies in the region – and as shown by our analytics, our platform increasingly reaches and influences these.

For responsible and sustainable packaging, with its attendant regulations and compliances, there is significant headroom to grow in India and the region. Our coverage includes the entire packaging supply chain – from concept to shelf and to waste collection, sorting, and recycling.

We target brand owners, product managers, raw material suppliers, packaging designers and converters, and recyclers. This is a large and complex canvas – the only thing that can work is your agile thinking and innovation together with our continuous learning and persistence.

The coming year looks to be an up year in this region, and this is the right time to plan your participation and marketing communication – in our rich and highly targeted business platform with human resources on the ground. Share your thoughts and plans to inspire and mobilize our editorial and advertising teams!

For editorial [email protected] — for advertisement [email protected] and for subscriptions [email protected]

– Naresh Khanna (25 October 2023)

Subscribe Now
unnamed 1

NEWSLETTER

Subscribe to our Newsletter

LEAVE A REPLY

Please enter your comment!
Please enter your name here