Aachi’s modern technology for spices
SMI commissions second plant in AmbernathIndian label industry needs to utilize funds efficiently"Today the major worry for the label industry is not that of growth potential but how the industry will handle the growth that will unfold in the coming years," says Ajay Mehta, managing managing director of SMI Coated Products, in a conversation with Packaging Southern asia. According to Mehta, the Indian characterization manufacture will continue to clock an average growth of 15% to xx% annually and label printers will need to figure out how they will generate funds to ride this growth rate and fifty-fifty better on it.L – R: Ajay Mehta, Doctor, with Rohit Mehta, director, SMI Coated Products. Photo PSAIn addition to capital, Mehta says, characterization companies need a good team, a robust arrangement and sound infrastructure to capitalize on the growth potential. Also, installed capacity should non create a mental burden for players. "Instead of buying more machines, funds should be used to efficiently utilize your current machines. The bottom line is to fully tap the growth potential and companies will have to go efficient so that they brand enough coin to further fuel that growth," Mehta adds.
SMI generates almost l% of its business from exports. Asked if exports could be an attractive option for label printers as well as other labelstock companies in the industry, Mehta points out that before exports were an attractive infinite but over the years numerous issues have nigh rendered that choice extremely challenging.
Since the requirement for labels is immediate, exports as a business concern for Indian label printers does not make much sense. As well, frequent blueprint changes are an issue, while another development is that several Indian exporters who were exporting out of India have set upwards shop in foreign markets to meet the demands of their customers much faster; and finally, a major factor hindering exports is that the price advantage which Indian players formerly enjoyed has been lost due to inefficiencies.
For labelstock players besides, exports are out of reach because of a lack of consistency and quality. "The labelstock players have the drive towards achieving consistency and quality simply unless they run across fiscal gains in this, how will they motility towards information technology? Therefore, that drive has be reflected in actions that currently are not happening," Mehta states.
SMI's new institute comes up
Since infrastructure is too an of import gene in the whole scheme of things, SMI itself has been investing in expanding its infrastructure. Being one of Bharat's leading manufacturers of pressure-sensitive labelstocks with a wide gamut of products in its stable, SMI's manufacturing plant in Ambernath is about xl kilometres away from Mumbai. Spread over half-dozen,500 square metres the Ambernath plant is equipped with state-of-the-art machines – two acrylic adhesive coaters, two silicon coaters, one hot melt agglutinative coater, three slitting machines and 3 canvass cutting machines. The manufactory contains an first-class facility for testing both raw materials and final products.
SMI recently commissioned information technology 2nd unit in Ambernath which is larger than the original plant. Some production has shifted to the new unit and more infrastructure volition exist added to the new found over the adjacent few months. With both plants in operation, SMI'south annual capacity has reached 110 1000000 square metres of labelstock.
Although the company offers new solutions every 40 days, some of the stand-out solutions offered in the past yr take been a seven-day production for the barcode industry, a thinner range of self-agglutinative labels, some environmentally friendly solutions and some security solutions. "Coming out with new products is an ongoing process for the states and with the new plant up and running more new products will follow," Mehta concludes.
Source: https://packagingsouthasia.com/packaging-production/aachis-modern-technology-for-spices/
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