Parksons Packaging to launch Sri City plant in February

Jean Pascal Bobst, Stephen Plenz and Vindi Banga to attend Parksons launch

604
Packaging
L – R: Siddharth Kejriwal; Ramesh Kejriwal, founder and chairman of Parksons Packaging; and Chaitanya Kejriwal have ordered two of the latest generation Heidelberg Speedmaster CX 102 presses at drupa 2016

Last September we met the chairman of Parksons Packaging, Ramesh Kejriwal to get his views on a number of industry and technology issues. Kejriwal spoke about the new Sri City plant coming up near Chennai – the company’s first plant in South India and its inauguration in January or February.

Now the first phase with about 100,000 square feet is ready and the plant is to be inaugurated on 24 February 2017 with a galaxy of industry leaders in attendance. Jean Pascal Bobst managing director of Bobst, Stephen Plenz member of the management board of Heidelberg and Vindi Banga managing director of Hindustan Unilever are among the luminaries expected to take part.

The plant itself will convert 500 tonnes of paper and board a month initially and scale up to 1,000 tonnes a month by the end of financial year 2017-18. Right from the start it will contain a Heidelberg CX102 7-color plus coater combination press with full UV curing and Inpress controls and an array of Bobst diecutting, foil stamping and folder gluer machines. The second Heidelberg CX102 will most likely be installed in the first half of the 2017-18 financial year. The plant will produce both monocartons and E-flute litho laminated cartons. 

Ramesh Kejriwal says that the overall strategy of Parksons Packaging given the context of industry growth and demand is to continue to plan for 20% CAGR growth. He expects that after the demonetisation of 8 November 2016, “the economy will pick up soon, the biggest challenge is unhealthy competition and sometimes unreasonable pressure from customers.”

West, North, South and East 

Parksons Packaging has also ordered its first highly configured press for its brand new Guwahati project in which it hopes to take on the challenge of commencing production in March 2017 with one printing line and the ancillary converting equipment. Kejriwal says, “In the future the group is looking at both digital printing and converting as well as larger format presses. However, a great deal depends on how the economy and industry perform. In addition I do feel that apart from more capex, investment in human capital and training is necessary. The packaging converters must also learn from and bring in the good manufacturing practices from other industries.”

If you are satisfied with your sales, you probably don’t need us!

If you are happy with your equipment, consumables, and software sales to Indian printers, you probably don’t need us. But if you want to grow your sales or improve your marketing, then talk to us. Our research and consulting company, IppStar can assess your potential and addressable markets in light of the competition. We can discuss marketing, communication, and sales strategies for market entry, and for market growth.

For suppliers or service providers with a strategy and budget, I suggest you talk to us about using our hybrid print, web, video, and social media channels to impact your product communication. We are one of the world’s leading B2B publications in the print industry with hands-on practitioner and consulting experience – an understanding of business and financials, and some of the best technical writers. Our young team is ready to travel to meet you and your customers for content.

India’s fast-growing large economy has considerable headroom for print. Get our 2025 media kit and recalibrate your role in this dynamic market. Enhance your visibility and relevance to existing markets and turn potential customers into conversations.

Founded in 1979 as a technical newsletter, Indian Printer and Publisher is the oldest B2B trade publication in the multi-platform and multi-channel IPPGroup. IppStar [www.ippstar.org] is our Services, Training and Research organization.

Naresh Khanna – 20 January 2025

Subscribe Now

LEAVE A REPLY

Please enter your comment!
Please enter your name here