In an exclusive interview with Indian Printer and Publisher during the Pamex 2024 event in Mumbai, T P Jain, owner of Monotech, expressed optimism about the robust capital expenditure (capex) growth anticipated in the Indian printing industry, particularly in the digital segment, for the fiscal year 2025.
Jain highlighted the exceptional performance of Monotech in FY2024, expecting an impressive 25% year-on-year growth. This positive trajectory, he stated, is a direct result of the industry’s expansion driven by the overall robustness of the Indian economy.
“For us, FY2024 has been a very good year in which we expect almost 25% year-on-year growth. We expect a similar trend in FY2025 as well. All this is because the print industry is growing, driven by strong expansion in the Indian economy. The capex in the industry will continue to be strong, especially in the digital side,” Jain said.
Products at Pamex
At Pamex 2024, Monotech has promoted Ricoh’s latest digital production presses, the Pro C7500 and Pro C9500.
“The Pro C7500 and Pro C9500 are very versatile presses and can cater to a wide range of applications. They have been extremely well received by the market. It is a pleasure to inform you that a customer in Karnataka has ordered eight units of Pro C7500,” Jain said.
Monotech’s digital UV and foiling system, PixelGlow, has garnered significant attention in the market. Jain expressed satisfaction with the product’s performance, stating that a considerable number of PixelGlow systems have been successfully installed in the Indian market.
Adding to its array of innovations, Monotech unveiled PixelFoil, a screen foiling system integrated with a complete screen-printing unit, during Pamex 2024. Available in 24 and 32-inch sizes, PixelFoil aims to further enhance the company’s position in the digital printing landscape.
