DGM India announces deals for five machines on the sidelines of IndiaCorr Expo 2022

There was no company booth but top officials were present at the expo

204
Puneet Aggarwal of DGM India at Printpack India 2022, held earlier this year in Greater Noida. Photo: PSA
Puneet Aggarwal of DGM India at Printpack India 2022, held earlier this year in Greater Noida. Photo: PSA

DGM India has closed deals for five machines during the recently concluded IndiaCorr Expo 2022 that was held in Mumbai from 8-10 October. The company did not put up a booth at the expo, and the deals were signed on the sidelines of the event.

“We did not have a booth at the expo, but I was there at the Bombay Exhibition Centre on all three days to interact with the visitors and customers. These five deals were signed and closed during these three days,” says Puneet Aggarwal of DGM India

The company has sold two die cutters and three folder gluers. The deals signed at IndiaCorr Expo include two Technocut 1050S die-cutters, two Technofold folder gluers, and one Smartfold folder gluer. Out of these five machines, one is going to a customer in North India, and the rest four are going to customers in West India. 

Aggarwal says that the expo was very well organized, with a good number of visitors and potential customers in attendance. He was also impressed with the quality of the exhibitors. 

“The expo had a large number of solutions providers for both corrugation and folding carton customers. It was happening after a long gap, so the excitement among the visitors was also clearly visible. Despite not having a booth, we spent our time interacting with a number of visitors. Not only have we signed deals for five machines, but but we have also got good leads which we can pursue in the coming weeks and months,” Aggarwal says. 

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. 

DGM India had a great 15th PrintPack exhibition as well, which was held in Great Noida earlier this year. The company sold five die cutters, one hot foil stamping machine, and nine folder gluers during the expo.

The impact, resilience, and growth of responsible packaging in a wide region are daily chronicled by Packaging South Asia.

A multi-channel B2B publication and digital platform such as Packaging South Asia is always aware of the prospect of new beginnings and renewal. Its 16-year-old print monthly, based in New Delhi, India has demonstrated its commitment to progress and growth. The Indian and Asian packaging industries have shown resilience in the face of ongoing challenges over the past three years.

As we present our publishing plan for 2023, India’s real GDP growth for the financial year ending 31 March 2023 will reach 6.3%. Packaging industry growth has exceeded GDP growth even when allowing for inflation in the past three years.

The capacity for flexible film manufacturing in India increased by 33% over the past three years. With orders in place, we expect another 33% capacity addition from 2023 to 2025. Capacities in monocartons, corrugation, aseptic liquid packaging, and labels have grown similarly. The numbers are positive for most of the economies in the region – our platform increasingly reaches and influences these.

Even given the disruptions of supply chains, raw material prices, and the challenge of responsible and sustainable packaging, packaging in all its creative forms and purposes has significant headroom to grow in India and Asia. Our context and coverage engulf the entire packaging supply chain – from concept to shelf and further – to waste collection and recycling. We target brand owners, product managers, raw material suppliers, packaging designers and converters, and recyclers.

In an admittedly fragmented and textured terrain, this is the right time to plan your participation and marketing support communication – in our impactful and highly targeted business platform. Tell us what you need. Speak and write to our editorial and advertising teams! For advertisement ads1@ippgroup.in , for editorial info@ippgroup.in and for subscriptions subscription@ippgroup.in

– Naresh Khanna

Subscribe Now

LEAVE A REPLY

Please enter your comment!
Please enter your name here