20 years of Monotech

A letter by TP Jain of Monotech

By
Akanksha Meena
-
560
Monotech
TP Jain of Monotech

20 years and it looks like yesterday – Exciting, Eventful, and Wonderful!

A happy journey which brought us in contact with many amazing people who became stakeholders, friends, mentors, guide and contributed immensely to navigate our path of innovation and success through technology and passion.

Monotech Systems is unison of Mono (#1) and Tech (Technology) and with a planet as part of its logo signifying expanding horizons.

It is gratifying that we have lived to our name by introducing cutting-edge technologies to the customers across every province of India and now in almost 20 countries around the globe. Reaching market leadership in India at different points of time during our journey in the fields of Prepress, Digital Printing, Wide Format/Industrial Digital Printing and Print Enhancement have been acknowledgements of trust and faith by our customers. We have successfully geared R&D, Manufacturing, Distribution, System Integration and Services as our core building blocks to provide products and solutions which have added value to our customers’ business.

R&D and Manufacturing has given a different dimension to Monotech Systems by building world-class products competing with the best in the world in the field of Inkjet technology, which is widely acknowledged as the future of the printing industry. We shall address Labels, Packaging, Security and Industrial Printing applications with our products to customers globally.

Distribution, System Integration and Services form the base of our operations in India and with formidable brand associations in the areas of Prepress, Press, Postpress, Digital Printing, Print Enhancement, 3D Printing, and Wide Format Printing, we shall strive to achieve/retain market leadership position in India.

I would like to profusely thank all our stakeholders, namely our customers, prospective customers, employees, principals, suppliers, service providers, bankers, friends and well-wishers for their trust, commitment and support always.

The true journey begins now as we are completing a process of big transformation and consolidation. We are on the path of an ambitious growth, in the next 5 years as we reach our Silver Jubilee year, by our continuous commitment to innovation through technology and passion.

Looking forward to be always step in step with you in our journey ahead.

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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