The MMS-TechNova webinar on power costs held on 7 August
The Mumbai Mudrak Sangh (MMS), in association with TechNova Imaging Systems, organized a webinar ‘Empower Jargon Made Simple’ on 7 August. Medha Virkar, past president, MMS, spoke on the importance of power costs for printers. Sandeep Guram of TechNova Imaging Systems gave an elaborate presentation on the subject. Guram said that power bills should be paid promptly before the due date as printers can get a rebate of 1%, and if they pay after the bill due date, they are charged a 1.5% penalty and end up paying a cost of 2.5% per month.
Printers can use power during off-peak hours and plan their work shifts accordingly. He also advised printers to keep a regular tab on any variations in the bill and check the reasons for any rise in the per-unit cost.
After the presentation, there was a question and answer session moderated by Tushar Dhote, president, MMS. Shreerang Joshi, of TechNova Imaging Systems, thanked the MMS managing committee. He also took the opportunity to brief the webinar audience about the various green projects undertaken by TechNova to reduce its and the industry’s carbon footprint.
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.
