Vinsak sells Lombardi Synchroline 430 to Shreedhar Labels

Vinsak at Printpack 2019

459
Vinsak
Shreedhar Labels team at the Vinsak stand at Printpack 2019

Vinsak announced yet another deal at Printpack 2019 on Day 4 of the event. It sold its Lombardi Synchroline 430 label press to Ahmedabad-based Shreedhar Labels. The machine can print on substrates ranging from 12 microns to 350 GSM (nearly 500 plus microns). It also comes with an auto-registration feature by default. “Another reason why we opted for this machine is the services provided by Vinsak. One can blindly rely on them, and we didn’t want to take a chance with our post-sale support from the supplier,” says Minesh Patel, managing director of Shreedhar Labels.

Sreedhar Labels traditionally is a commercial printer. The company was planning to diversify into packaging since the last two years. The main reason Sreedhar Printers decided to diversify to packaging is because the company has already witnessed a lot of players entering the paper packaging segment and in order to diversify to labels, one needs to have a particular skill set. The transition from commercial printing to packaging labels business is a little difficult and not everybody can do it, according to Minesh Patel of Shreedhar Printers. The company Shreedhar Printers will operate its label business under the company name, Shreedhar Labels.

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 demonstrated its commitment to progress and growth. The Indian and Asian packaging industries have shown resilience in the face of ongoing challenges over the past three years.

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.

In an admittedly fragmented and textured terrain, this is the right time to plan your participation and marketing support communication – in our impactful and highly targeted business platform. Tell us what you need. Speak and write to our editorial and advertising teams! For advertisement ads1@ippgroup.in , for editorial info@ippgroup.in and for subscriptions subscription@ippgroup.in

– Naresh Khanna

Subscribe Now
unnamed 1

NEWSLETTER

Subscribe to our Newsletter

As 2023 begins and FY 23-24 unfolds, will you support us?

What lies in store for the packaging industry in India and South Asia this coming year? Inflation, disruption of supply chains or environmental regulation? Or the resumption of high rural demand, continued investment and industry consolidation? Whatever happens, Packaging South Asia will be there, providing clarity and independent technical and business information in India and South Asia and around the world. We are a compact Indian organization bringing a window of fair and rigorous technical and business information that the industry can access this year and beyond. Please support us with your advertising and subscriptions, to keep us going and growing.

Thank you.

LEAVE A REPLY

Please enter your comment!
Please enter your name here