Provin Technos completes five years on a high

Provin Technos completes five years on a high
Vinay Kaushal

Provin Technos recently celebrated five years of growth and success with strategic partner RMGT (RYOBI MHI Graphic technology) during an event held at the India Habitat Centre in New Delhi on 2 July 2017. During the celebrations, Provin announced yet another strategic partnership with Japanese OEM, Miyokashi Printing Machine, well known for its range of rotary and semi-rotary presses. During the course of the evening, Vinay Kaushal, co-founder of Provin Technos, thanked his customers as well as RMGT president Katsushi Hirokawa, senior vice president Keiji Katayama and vice president manufacturing Satoshi Matsushima for their unflinching support. The event, attended by the RMGT team and Provin’s loyal customers underscored the seriousness with which RMGT takes the Indian market and its partnership with Provin Technos.

Kaushal praised the 10-member core team of Provin Technos, whose efficiency and loyalty towards the organization, he said, was behind the organization’s growth chart. He said, “The journey of Provin started in July 2012 with nine people who continue to be with us. We will honor all of them today.” Each of the ten core members of the team were then honored with mementos presented by Hirokawa. Kaushal added, “When we started our journey, Mitsubishi gave us excellent support; with RMGT also it continued and it is a pleasure that today when we’re completing five years of our operations, we have the top management of RMGT here with us.”

In his address Hirokawa said, “I wpould take this opportunity to thank all our customers for their continued interest and patronage of our RMGT products. Provin Technos started the partnership with RMGT in 2014 as the sole agent in India. For the past three years, Provin and RMGT have achieved excellent results with orders for more than 55 machines. Provin has a strong corporate philosophy; they always make the best effort to satisfy their customers with great service support. The Indian market is consistently growing and it is one of the most important market for us. We will provide much stronger support to Provin in order to meet the requirements of Indian customers.”

Kaushal further announced his company’s new strategic partnership with Miyokashi Printing Machine saying, “Today we are announcing a strategic partnership with another Japanese company, Miyakoshi Printing Machine. As their pan-India agents for rotary and semi-rotary presses, we will cover the markets of India, Nepal and Sri Lanka.” He also said that this is a vital growth phase of the company as it builds more partnerships and widens the portfolio of its products. Touching on the issue of GST implementation, he said “We’re going to see another face of India in the next few years.”

2023 promises an interesting ride for print in India

Indian Printer and Publisher founded in 1979 is the oldest B2B trade publication in the multi-platform and multi-channel IPPGroup. While the print and packaging industries have been resilient in the past 33 months since the pandemic lockdown of 25 March 2020, the commercial printing and newspaper industries have yet to recover their pre-Covid trajectory.

The fragmented commercial printing industry faces substantial challenges as does the newspaper industry. While digital short-run printing and the signage industry seem to be recovering a bit faster, ultimately their growth will also be moderated by the progress of the overall economy. On the other hand book printing exports are doing well but they too face several supply-chain and logistics challenges.

The price of publication papers including newsprint has been high in the past year while availability is diminished by several mills shutting down their publication paper and newsprint machines in the past four years. Indian paper mills are also exporting many types of paper and have raised prices for Indian printers. To some extent, this has helped in the recovery of the digital printing industry with its on-demand short-run and low-wastage paradigm.

Ultimately digital print and other digital channels 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. For instance, there is no alternative to a rise in textbook consumption but this segment will only reach normality in the next financial year beginning on 1 April 2023.

Thus while the new normal is a moving target and many commercial printers look to diversification, we believe that our target audiences may shift and change. Like them, we will also have to adapt with agility to keep up with their business and technical information needs.

Our 2023 media kit is ready, and it is the right time to take stock and reconnect with your potential markets and customers. Print is the glue for the growth of liberal education, new industry, and an emerging economy. We seek your participation in what promises to be an interesting ride.

– Naresh Khanna

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