Vijayshri Packaging ably absorbs the shock of 12 months In a quick conversation with Noel D’Cunha, Pritesh Jain of Vijayshri Packaging reveals how infrastructural investments done in 2016 lay a foundation to tackle the challenging months of 2020 Jain: The price hike has been ruthless and easily the most aggressive I have seen in my 30-year career
Noel D’Cunha (NMD): Last month, the Indore Master Printers Association (IMPA) printed a booklet,
Fact N Figures which highlighted the impact of raw materials price hike. What is the latest on the price front?
Pritesh Jain (PJ): The price hike has been ruthless and easily the most aggressive I have seen in my 30-year career. The shortage of pulp and waste paper created this situation worldwide. The prices are currently inflated around 30-50% in different variants as compared to November 2020. However, the prices for UV varnishes, adhesives and other chemi
How Shri Balaji added bookbinding to its repertoire The Muzzafarnagar, UP-based print company is using Impel’s book finishing kit to gain traction in textbooks. Words: Dibyajyoti Sarma Bharadwaj: “Some of the books have runs that are above one lakh, and sometimes we need to break and continue to produce books in parallel. Every day is a new day in learning”
Shri Balaji Publications has been in the news. The publisher-printer has installed an entire range of hard cover machines from Impel in its factory in Muzzafarnagar, Uttar Pradesh. The reason: the two-decade old Shri Balaji Publications produces a wide array of books for various competitive entrance examinations and central boards. In these hard times, they needed a hard cover.
Partnership for two of the industry’s best New Jack Printing Press and Vyoma Graphics were contemplating to venture into the packaging space. The pandemic became the moment of truth for the two companies’ diversification plan Vyjack Printpacks’ 50,000 sq-ft plant in Bhiwandi
As they say, it can be brutal out there. It was tough even before the pandemic, but the pandemic has made it just that much tougher. While low margins continue to haunt, and newer ways of life during and even today are the order of the day, businesses in the print sector simply can’t afford to stand still.
The management of New Jack Printing Press and Vyoma Graphics were contemplating to venture into the packaging space. Then the pandemic came.
“There couldn’t be a better time than this,” says Saubhagyanidhi Seksaria of New Jack. It became the moment of truth for the two companies’ diversification plan.
Read on.
As they say, it can be brutal out there. It was tough even before the pandemic, but the pandemic has made it just that much tougher. While low margins continue to haunt, and newer ways of life during and even today are the order of the day, businesses in the print sector simply can’t afford to stand still.