Stability in print demand expected from July

Color Waves installs Canon imagePRESS C10000VP

Kamal Garg, managing director of Color Waves alongside Canon imagePRESS c10000VP

New Delhi-based Color Waves recently installed a Canon imagePRESS C10000VP digital press. Started as a designing and prepress unit in 1994, Color Waves began its digital print business in 2010. “The main reason we bought the Canon imagePRESS C10000VP is because of Canon’s service support. The company’s solid service team addresses the problems in digital presses pretty soon. Timely service support is one of the mainstays of the Canon brand,” says Kamal Garg, managing director of Color Waves.

The iPR C10000VP is the company’s first 100 ppm digital press. Canon claims that the iPR C10000VP is designed to address the evolving demands of professional printing. “This press is potent to handle a variety of print substrates and has exceptional color consistency. All the printer must do is to maintain the press well and follow the procedures given by the Canon team.

“I’ve been following the maintenance steps since the press was installed in January. We have not had a single complaint with the performance of this press. It has helped us increase our production by a huge margin and has also helped us gain customers and profit,” adds Garg. Color Waves has printed up to 2000 copies in a single run on the new press in the past, and Garg was fully satisfied with the results. The iPR C10000VP has a 2400 x 2400 dpi resolution with a choice of the EFI Fiery front-end platform. It handles substrates ranging from 60gsm to 350gsm.

Covid-19 lockdown affects business

“We pulled our shutters down on the day PM announced Janata Curfew on 22 March 2020. We have remained shut ever since, just like most other printers in the city. It is difficult to assess the loss that we must have incurred due to this lockdown. Once the lockdown is lifted, we have to sit and evaluate everything. We are waiting for the government’s order to open the lockdown. I don’t see a point in continuing it anymore. I believe it’s time we open and resume our business. The main problem right now is that nothing is clear. There is no clear instruction or news if the printers can start functioning, and the government has to decide on this matter soon,” he says.

Garg expects some support from the government. He also hails the decision taken by the government recently to help the MSMEs gain momentum and bounce back in the market post this lockdown. “Everything now depends upon how the market reacts after the lockdown opens. I don’t expect the market to fall back on track almost instantly. I believe the print market will take at least a month to stabilize and start functioning normally. I think that things will start gradually improving from July if the lockdown opens soon. It could take longer if the government doesn’t allow the businesses to open up by the end of this month,” explains Garg.

Color Waves achieved decent growth in FY 2019-20. The company also plans to install a digital embellishment machine but Garg believes that this is not the right time to decide on any new investments. Garg said that he would focus on growing his business as the situation in the market improves and the demand starts coming back.

In 2024, we are looking at full recovery and growth-led investment in Indian printing

Indian Printer and Publisher founded in 1979 is the oldest B2B trade publication in the multi-platform and multi-channel IPPGroup. It created the category of privately owned B2B print magazines in the country. And by its diversification in packaging, (Packaging South Asia), food processing and packaging (IndiFoodBev) and health and medical supply chain and packaging (HealthTekPak), and its community activities in training, research, and conferences (Ipp Services, Training and Research) the organization continues to create platforms that demonstrate the need for quality information, data, technology insights and events.

India is a large and tough terrain and while its book publishing and commercial printing industry have recovered and are increasingly embracing digital print, the Indian newspaper industry continues to recover its credibility and circulation. The signage industry is also recovering and new technologies and audiences such as digital 3D additive printing, digital textiles, and industrial printing are coming onto our pages. Diversification is a fact of life for our readers and like them, we will also have to adapt with agility to keep up with their business and technical information needs.

India is one of the fastest growing economies in nominal and real terms – in a region poised for the highest change in year to year expenditure in printing equipment and consumables. Our 2024 media kit is ready, and it is the right time to take stock – to emphasize your visibility and relevance to your customers and turn potential markets into conversations.

– Naresh Khanna

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