According to the industry experts, the annual turnover of the Indian packaging industry will touch $32 billion by 2025 from the present $24.6 billion. The annual growth rate of this sector is about 15 percent per annum. The demand has been catalysed by the continued rise in the levels of urbanization, a large expatriate population, and changing dietary habits of the resident citizens. The increasing penetration of e-Commerce and the processed and packaged food market in the country is currently exhibiting strong growth.
There has been an increasing demand for flexible packaging, including new types of packaging materials. DAG Printing Inks Company has seen an interest from its customers in creating eye-catching products, for example, using special effect inks to highlight packaging with unique designs. The global packaging printing market shows steady growth with individual momentum according to country, application, ink technology and printing process. The company has a strong market position due to its close partnerships with customers who help it target R&D efforts towards upcoming trends in line with their requirements.
According to the company, as the value is growing, a lot of packaging is also changing in many ways, “The trend goes to lighter weight packaging and less effect on the environment, while the point of sale still requires catching the attention of the consumer. For some packaging, those trends make designs even more colourful, for some it creates an opposite development. The desirable packaging segment is also target for all ink makers and thus, it requires straight attention to stay on top of things”, mentions Shashikant Mestha, Partner, Dag Printing Inks Company.
Operational Excellence
Dag Printing Inks Company’s journey began in 1976 when The DAG Inks first set-up a manufacturing unit of Printing Inks. Since then, DAG Inks has been in a relentless pursuit of Quality and Service for their customers. Located in the printing hub near Mumbai, The Dag Printing Inks India, the firm boasts a wide range of, Rotogravure & Flexographic Inks. Its manufacturing Rotogravure & Flexographic) unit is headed by highly experienced and proficient technical Heads. A dedicated lab ensures the quality and specifications of the delivered output are precisely suited to the customer’s requirements.
Dag’s customer base includes some very prominent printers and packaging houses and it is actively seeking to expand product reach and services to larger numbers. “We are glad to introduce our Gravure HR Foil Inks, gravure High Heat Resistance Foil Inks, NC free Ink System for Al. Foil, OPV, and Security Feature series inks for Pharma Packaging, Paper Inks with unique features, a full range of flexographic and gravure systems for surface and lamination printing, from general-purpose to high-end retort applications, targeted at virtually every segment of the flexible packaging market”, says Shashikant. All the products integrate the highest safety and sustainability standards - from the Swiss Ordinance and Nestlé Guidance to the recommendations of the EU Printing Industry Association - and share principles of adaptability and versatility to match the broadest range of packaging contents and achieve unique solutions.
Looking at the Future
The Company has maintained a steady growth over the period of time and spread its reach throughout India and exports to various countries. “We have plans to expand our manufacturing base in terms of capacity by going in for hi tech machinery for faster and good quality production. We have also set our eyes on the inks suitable for flexible packaging”, concludes Shashikant Mestha.
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