Diversification to flexible packaging and doubling of carton plant in Goa

TCPL — Steady and Full Speed Ahead!

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The Bobst Rotomec RS4003 MP 9-color gravure press installed at TCPL’s Silvassa plant. Photo PSA

With the rising appreciation in the market, TCPL too has grown with a CAGR of 21% over the past ten years. With a 20% dividend policy that it has submitted to the BSE, the company is constantly investing in high technology equipment and maintaining an even-handed policy of loyalty to its suppliers. It continues to open new plants, expand its capacity and consolidate its earlier investments. In addition, TCPL has made a robust investment in human capital with a slew of professionals with considerable experience in its plants across the country.

A collage of carton samples printed at TCPL. Photo TCPL

In January 2015, TCPL opened a new monocarton plant in Guwahati with a single line, which it has decided to double by March 2017 to service brand owners there. Generally adding capacity at the rate of one multicolor offset press each year, in 2015 the company installed two presses along with ancillary equipment in its endeavor to accelerate its already strong growth pace.

Saket Kanoria, managing director of TCPL. Photo PSA

TCPL Packaging’s managing director Saket Kanoria says, “TCPL’s new installations are accompanied by enhanced infrastructure. At the same time we are adding two new multicolor offset presses in FY 2016–17—a fourth line at Silvassa, which is a 7-color plus double coater for special effects including haptics such as soft-touch as well anti-counterfeiting 3D-effects.” In Goa, where the company already has a carton printing and converting plant, TCPL plans to build and commission a new greenfield site with a capacity of five production lines to serve the western and southern regions, and particularly the demand for pharmaceutical
packaging.