At PrintPack India 2017, Noida-based Rado Packaging will display its plate punch, filtration and powder extraction machines. Rado Packaging represents Taiwan-based Tarng Yun, which manufactures a range of high-performance products that include powder extractor system, dampening filtration solution system, manual and fully automatic punch and bending machine for offset and sheetfed, registrar pin bar, plate mounter machine and more.
“Tarng Yun is well known for its products and is much sought-after in global markets,” says Puneet Soorma of Rado Packaging. “In India, we enjoy a growing installation base. Printers and converters are getting quality conscious and they are realizing the importance of our machines in the course to quality production.”
Some of the companies using equipment from Rado Packaging are PR Packaging, Kumar Printers, Amar Offset, Vikas Publications and India Offset. “Today, our product offerings, which conform to the different industrial and international specifications of quality, have helped us build a formidable reputation across the country as a quality-conscious importer and supplier of hi-tech machinery and equipment that find numerous applications in various prepress processes,” says Soorma.
Upholding PrintPack as an excellent platform for reaching out to interested customers, Soorma is looking forward to closing a few deals on the spot. “The event being held at Greater Noida, far away from the heart of the city, will be another plus point for exhibitors as only interested visitors would come to the show,” he shares.
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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 grown 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.
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