Hitech Systems sells machines worth Rs 1 crore in three days of Pamex show

Bigger stand than previous Pamex edition

Hitech Systems stand at Pamex 2020

Mumbai-based Hitech Systems, which deals in a variety of print finishing solutions from leading global brands, had a great first three days at Pamex 2020. The company was confident of closing the show on a high note, according to Parag Shah, chief executive officer of Hitech Systems.

We sold machines worth Rs 1 crore over the first three days and by the end of the show, we expect to do business worth Rs 2.5 crore. We expect to sell close to 100 machines as we received over a 1000 inquiries during the show,” Shah said.

For the first time the company offered 18 months’ warranty on the machines, which were in the price range of Rs 10 lakhs plus. Hitech generally offers 12 months’ warranty on these products. The products on which Hitech offered extended warranty included Bacciottini (Italy) automatic creasing and perforation machines; Foliant (Czech Republic) – automatic thermal lamination machine; Iecho (China) – automatic digital die cutter with auto feeding; Verve mini – UV LED 3 x 5’; 450 SA (Czech) – desk top semi-automatic creasing/perforation machine; and Gemini die cutter (Italy) – desk top digital die cutter with auto feeder.

Besides the products mentioned above, Hitech offered a special Pamex scheme for the entire foil printing, paper cutter and binding machine range.

Talking about Pamex 2020, Shah said that this year’s edition was better than the previous one. “The second and the third day was extremely busy for us as we received many customers at our stand. Overall, Pamex 2020 was much better than its previous edition,” he commented.

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.

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