SK.Shah, general manager of Re India, and Roberto Galbiati, Branches manager of Re S.p.A. in a photo at the beginning of Re India Photo Re India
On 30 April 2021, Re India celebrated its tenth anniversary. The company says that when it started up in Ahmedabad in 2011, the Indian market was beginning to grow at a breakneck pace. The original joint venture with Shilp Gravure was called ReShilp till 2017 when the structure changed and accordingly the name of the company was changed to Re Equipments India.
Operations began with 12 employees occupying 1,500 square foot premises and within five years had to migrate to a space of 8,800 square feet with a strength of 32 people. Re India achieved a turnover of Rs. 10 crore in 7 years and has now reached a turnover of Rs. 15 crore. It recently added another 800 square foot space for sales and service. Re India has established its brand in several products and accessories that are crucial for the packaging industry but also in other industry segments with its web tension control and web guide systems and pneumatic shafts.
On the tenth anniversary, both employees and customers have given positive testimonials on the ease of working for and with the company and its products. On the occasion, Re India’s general manager SK Shah, reflects, “Creating Brand awareness itself was the most challenging task for which aggressive fieldwork was required and having reached a turnover of Rs. 15 crore the company will definitely grow looking at its established brand for several products.”
Bharat Shah the CEO of gravure press manufacturer Pelican, a Re India OEM customer, says, “Overall, all our machines equipped with Re products perform very well. The maintenance is very low and the service we receive from the Re India team is excellent.”
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
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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.
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