Provin closes deal for four RMGT presses

RMGT sales boost in India after Printpack2019

287

RMGT’s Indian distributor, Provin Technos, has finalized four orders for RMGT presses — RMGT 760ST-4XL, 790ST-4XL+IR+OC+SLD, 920ST-4+CD, and 920ST-5+IR+CC+SLD. Following sales negotiations at Printpack 2019, which took place in February 2019 in Delhi/NCR, Provin finalized deals for five RMGT presses during April and May 2019.

Among the four orders from India, RMGT’s important client, Progressive Printing Press based in Surat, India, installed the first 924(4-D) in August 2015, the second

920ST-4+IR+OC+SLD in November 2016, and the third 760ST-5XL in May 2017, replacing its existing Komori Lithrone 440 press. The company mainly prints brochures of Indian national costumes. Based on their experience of Provin’s professional and technical support and printing production efficiency of RMGT presses, they have decided to purchase their fourth RMGT press, 790ST-4XL+IR+OC+SLD in April 2019.

Progressive invested in RMGT presses within the last 4-5 years with expectations of increased printing productivity. The company was awarded as the most successful small-medium printing enterprise in India, in 2017. Currently, Progressive is listed among the top 100 largest printing companies in India.

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

Subscribe Now

LEAVE A REPLY

Please enter your comment!
Please enter your name here