Mudrika Label’s Manish Desai at
Plastindia stand. Photo PSA
Mumbai-based Mudrika Labels has seen a stupendous growth in the last decade or so and is now among India’s top five label converters. The company has also been a regular exhibitor at the PLASTINDIA show. The company is present during PLASTINDIA 2018 as well and is promoting all the solutions that it has in its portfolio: self-adhesive labels, heat transfer labels, in-mold labels (IML), corrugated boxes and printed cartons.
The year 2017 was a good one for Mudrika Labels as it grew at a healthy pace and introduced new solutions as well.
“We started aggressively marketing IML for bigger containers with sizes such as 5 liters, 10 liters and above. Having mastered IML for small containers, we are now trying to be masters in the bigger container segment also,” says Manish Desai, one of the directors of Mudrika Labels.
Commenting on the overall market for IML, Desai says that the Indian market is growing but Indian companies are facing stiff challenge from overseas supplies as imports are cheap. “We have to keep track of our costs and manage them well in order to compete with these cheap imports. Our main competition is from Turkey,” he shares.
New Gallus label press on its way
Mudrika Labels is also enhancing its self-adhesive label printing capacity this year by adding another Gallus press. “The new Gallus Labelmaster 440 label press is expected to be operational by May 2018,” Desai shares.
The Gallus Labelmaster 440 was launched at Labelexpo 2017. The press has a speed of 200 meters per minute (656 feet/minute) and can handle web widths of 440 mm. The press can print on substrates such as paper, self-adhesive material, cardboard, monofoil label material, tube laminates, etc. Gallus claims that because of the new ink chamber design, one can get an optimized printing behavior at every speed.
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
We have required iml sticker bulk quantity