Monotech Systems has integrated a second JETSCI YAQ high-speed inkjet imprinting solution on a narrow web offset printing machine for printing security documents at a leading press in Dhaka in Bangladesh. Increased job orders from educational institutions (OMR Sheets) have pushed the customer to opt for an additional system.
The installation of the first JETSCI inkjet imprinting system in Bangladesh in 2018, opened new business avenues for customers in the secure educational document segment. This installation makes it three such systems working in Bangladesh. The JETSCI industrial inkjet systems have more than 250 installations across the globe.
Neeraj Thappa, assistant vice president of International Sales at Monotech Systems, said, “This is our second YAQ industrial high-speed inkjet system installation in Bangladesh and it has a unique print width of 324 mm. Due to our print system being modular and versatile, we were able to build this large print-system needed by the customer. This large print system runs on the proven software developed by the Jetsci team and is able to carry out all kinds of jobs required by the user.”
JETSCI products are solely represented in Bangladesh by Printech Corporation Limited. Marvin Sardar the managing director of Printech Corporation, adds, “Our customer was content with the performance and durability of his existing YAQ system. He successfully executed all his jobs with his first YAQ system and when it was time for him to expand his printing capability, Jetsci Inkjet Imprinting was the only option in his list. In addition to the performance of the existing YAQ system, the ability to provide a 324 mm print width was the other factor that helped secure the repeat order — which is again a first in Bangladesh. This unique size in combination with the speed of YAQ will more than double the user’s production and keep him ahead in the race.”
This story last published by July 22, 2020
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.