Indore’s Sri Kriscon adds Bobst Novacut die cutter & Expertfold

A commitment to growth and value enhancement in cartons

213
Sri Kriscon
Chetanya Soni, director of Sri Kriscon with Novacut 106 E 3.0 die cutter

Sri Kriscon, a leading folding carton printer and converter based in Indore, has added two more Bobst converting machines, further strengthening its production capabilities.

The new Expertfold 110A2 folder gluer and Novacut 106 E 3.0 die cutter increase the Bobst machinery in its plant, including a Bobst Novacut 106 E 3.0 die-cutter and an Ambition 106 A2 folder gluer added in 2021. Sri Kriscon’s persistence with Bobst equipment is an endorsement of the global company’s technology, service, and quality of its products, including its strong in-country presence with Bobst’s Pune plant, the company says.

Our existing Bobst machines have consistently delivered superior performance and ease of operation,” stated Chetanya Soni, director of Sri Kriscon. “The quality of the finished products is impeccable, and the service provided by Bobst India is exceptional. Our operators are well-versed in operating Bobst machines, making the additions seamless. Given these factors, it was natural for us to opt for Bobst. I would like to point out that whenever there was a breakdown in the Bobst machines it was due to errors on our side and not due to some mechanical or electrical issue with the equipment.”

The addition of two more Bobst machines has significantly enhanced Sri Kriscon’s converting department’s productivity. “Previously, we were using a combination of locally manufactured converting equipment and our Bobst machines,” explained Soni. “While the Bobst machines were highly productive, the other machines couldn’t match their efficiency. With the addition of two new Bobst machines, we have eliminated all bottlenecks and streamlined our workflow.”

Soni emphasizes the critical role of the converting department in the carton business and the importance of having state-of-the-art machinery. “Investing in advanced technology is essential for achieving operational excellence and maintaining a competitive edge,” he asserts.

Established by Soni just five years ago, Sri Kriscon is part of a larger group company that has established itself as a dominant player in the paper cup manufacturing segment. The carton operations initially commenced with a pre-owned Bobst die-cutter and a folder gluer purchased from an Indore-based company. The press room contains three Heidelberg sheetfed offset presses, two with UV capabilities and one with conventional curing. Additionally, the company operates a Heiber & Schroeder Speedliner machine and has expanded its corrugated section with a 2-ply line and a flute laminator.

To accommodate the two new Bobst machines, Sri Kriscon has expanded its current facility, which spans 1.75 lakh square feet. The company’s paperboard consumption across the cartons and corrugation segments amounts to approximately 2,000 tonnes per month. Supplying to the coated ice cream carton market locally, and customers in the confectionery industry, the company’s clients extend across the Indore area and beyond – across the broader Indian landscape.

Anticipating robust topline growth

With the substantial investments made in the early part of the fiscal year 2023-24, Sri Kriscon is optimistic about achieving solid topline growth for the year ending in March 2024. “We are extremely confident about the growth prospects in both the corrugated and folding carton business segments,” expressed Soni. “Our modern setup equipped with state-of-the-art machinery positions us well to capitalize on these opportunities. We expect our topline to grow by approximately 75-80% this year.”

Focus on value addition and premiumization

Soni acknowledged the burgeoning demand for premium and value-added cartons. To capitalize on this trend, Sri Kriscon plans to introduce a digital enhancement press shortly. “We are seriously considering acquiring a digital enhancement press to meet the rising demand for post-print embellishments,” he affirmed. “Currently, there is no other provider in the Indore region offering this service. We have initiated the process of evaluating the available options in the market, and a final decision is expected within the next few months.”

The enhanced capacity of its converting section and the planned acquisition of a digital enhancement press underscore Sri Kriscon’s commitment to innovation, operational excellence, and value addition. It is keen to grow and to keep up with the evolving demands of its consumers.

Packaging South Asia — resilient, growing and impactful — daily, monthly — always responsive

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!

For editorial info@ippgroup.in — for advertisement ads1@ippgroup.in and for subscriptions subscription@ippgroup.in

– Naresh Khanna (25 October 2023)

Subscribe Now
unnamed 1

NEWSLETTER

Subscribe to our Newsletter

LEAVE A REPLY

Please enter your comment!
Please enter your name here