Printing Industry – Challenges and Opportunities

Printers’ Day Celebration in Hyderabad 24 February 2016

Telengana Offset Printers Association Hyderabad, is organizing a day-long event – Printers’ Day Celebration – at the Best Western Ashoka Hotel in Hyderabad on 24 February 2016

The chief guest of the event is MV Reddy, IAS, director of technical education, Government of Telengana. The guest of honours are K Ramchandra Murthy, editorial director, Sakshi Daily; K Srinivas Reddy, editor Mana Telangana; Katta Shekar Reddy, editor, Namaste Telangana; and P Narendra, joint managing director of Pragati Art Printers.

With the formation of the new state of Telengana, the offset printers of ten districts of Telengana came under one umbrella and formed the Telengana Offset Printers Association (TOPA) Hyderabad. The main objective of the association is to promote printing industry in tune with the Telengana state government industrial policy.

Packaging South Asia is the cooperating media partner for drupa 2016 which is scheduled to be held from 31 May to 10 June at Dusseldorf, Germany.

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The multi-channel B2B in print and digital 17-year-old platform matches the industry’s growth trajectory. The Indian, South Asian, Southeast Asian, and Middle East packaging industries are looking beyond the resilience of the past three years. They are resuming capacity expansion and diversification, with high technology and automation in new plants and projects.

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.

For responsible and sustainable packaging, with its attendant regulations and compliances, there is significant headroom to grow in India and the region. Our coverage includes the entire packaging supply chain – from concept to shelf and to waste collection, sorting, and recycling.

We target brand owners, product managers, raw material suppliers, packaging designers and converters, and recyclers. This is a large and complex canvas – the only thing that can work is your agile thinking and innovation together with our continuous learning and persistence.

The coming year looks to be an up year in this region, and this is the right time to plan your participation and marketing communication – in our rich and highly targeted business platform with human resources on the ground. Share your thoughts and plans to inspire and mobilize our editorial and advertising teams!

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