KM India bags best ‘Subsidiary Company of the Year 2016’

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KM India bags best ‘Subsidiary Company of the Year 2016’

Konica Minolta India recently added a new benchmark to its portfolio of achievements on receiving ‘Best Subsidiary Company of the Year 2016’ award in a conference held recently in Manila, Philippines.

Konica Minolta India has garnered double-digit growth in FY 16-17, compared to the previous year, especially in the areas of production and industrial printing sales. Konica Minolta Inc. appreciated the continuous effort of Konica Minolta India and its partners in expanding the company’s business in India.

Konica Minolta was ranked number two in FY 16-17 in worldwide MGI unit sales, only next to the United States. On behalf of Konica Minolta India, Rajeev Ahuja, business consultant IP, presented MGI success cases in India at the conference. He also informed how India is taking many new initiatives in the new product segment.

The top management from Konica Minolta Inc. marked their presence, including Yamana San, president and chief executive officer, Osuga San, senior executive officer, and Taiko San, executive officer who shared medium-term direction and strategy.

Daisuke Mori, managing director, Konica Minolta India, receiving the award, said, “We are extremely delighted to receive this prestigious award, which is also a reflection of the commitment to help businesses in India with cutting-edge technology and products. Our highly proficient workforce in the country will continue to set new benchmarks in the printing segment of India.”

Interestingly, the conference observed that with the Indian printing industry gearing towards more customized and personalized offerings, shorter TATs and more eco-friendly sustainable solutions in digital printing, it would prove to be a shot in the arm for the label industry.

The Covid-19 pandemic led to the country-wide lockdown on 25 March 2020. It will be two years tomorrow as I write this. What have we learned in this time? Maybe the meaning of resilience since small companies like us have had to rely on our resources and the forbearance of our employees as we have struggled to produce our trade platforms.

The print and packaging industries have been fortunate, although the commercial printing industry is still to recover. We have learned more about the digital transformation that affects commercial printing and packaging. Ultimately digital will help print grow in a country where we are still far behind in our paper and print consumption and where digital is a leapfrog technology that will only increase the demand for print in the foreseeable future.

Web analytics show that we now have readership in North America and Europe amongst the 90 countries where our five platforms reach. Our traffic which more than doubled in 2020, has at times gone up by another 50% in 2021. And advertising which had fallen to pieces in 2020 and 2021, has started its return since January 2022.

As the economy approaches real growth with unevenness and shortages a given, we are looking forward to the PrintPack India exhibition in Greater Noida. We are again appointed to produce the Show Daily on all five days of the show from 26 to 30 May 2022.

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– Naresh Khanna

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