Mumbai’s Award Offset – aggressive expansion and diversification
In the last one yr or so, Mumbai-based pharmaceutical packaging solutions provider Honor Get-go Printers and Packaging has been on an aggressive multi-crore investment bulldoze to upgrade its flagship Navi Mumbai plant and aggrandize its Silvassa unit. The many changes in the past three years at this company include not merely the absorption of leading-edge product technology only besides a diversification in product mix from merely monocartons to corrugated cartons; and, from simply pharma customers to the food and retail segments. In mid-July, Award as well shifted its administrative headquarters from Lower Parel's Adhyaru Industrial Estate in cardinal Bombay to an elegant new office in the business concern district of Andheri East.
Three new packaging presses
Non only has Award strengthened and upgraded its converting and postpress sections, it has as well added capacity to its pressrooms. The company has traditionally opted for German technology in its printing section. Although Honor has kept its faith in German technology by investing in a 7-colour KBA Rapida 105 UV press with 4+iii intradeck curing systems, it has too, for the offset time opted for Japanese made presses past commissioning a Komori Lithrone GL40 vii-color plus coater press at the Navi Bombay found and a Komori Lithrone GL40 vi-color plus coater at the new Silvassa plant. With this, Laurels now has six multicolor first presses: three from Heidelberg, one from KBA and ii from Komori.
Sharing details about how the company decides which brand to choose from, Krunal Shah, executive director, Award Offset Printers and Packaging says, "Nosotros do non invest in a press by looking at the brand or the price. The most important factor while buying a printing is the requirement that we take at that time. We thought at this moment the KBA and Komori were the best options as per our requirements."
Early adopter of Bobst Speedwave-2 technology
In terms of postpress, finishing and converting engineering, there have been several high-engineering equipment that the company has brought in at both Navi Mumbai and Silvassa that assistance it provide complete packaging solutions. These include new converting, leaflet folding, inspection systems, lamination, liner, and blanking machines.
The standout piece of hardware has been an Expertfold binder gluer with the Speedwave-2 technology that has been installed at the visitor'southward Silvassa plant. Award was amidst India's very get-go packaging convertors to have opted for the Speedwave-ii engineering. The company has been a long-time customer of Bobst; now it has a combined total of xi Bobst machines at its two plants.
"Our clan with Bobst goes back more than two decades. So, when we were planning to add together another folder gluer at our Silvassa plant, nosotros discussed the affair with Bobst; they suggested that we go for the Expertfold with Speedwave technology. We understood what the technology was all well-nigh and idea it would be an ideal solution to increase our efficiencies in converting," says Nitin Shah, managing director, Honor Get-go Printers and Packaging. The new Expertfold was formally put into operation in the terminal week of July.
The first generation of Speedwave was introduced in 2008 in the Masterfold. The Speedwave-2 engineering was displayed to the industry just a few months ago in Feb 2022 at Bobst India's Pune facility. The second generation of Speedwave has been launched in Experfold then that a larger pool of customers can accept advantage of this technology.
Some of the noteworthy features in Speedwave-2 include conveyer settings that are all motorized, thus minimizing whatever mechanical settings. Speedwave-2 significantly reduces the number of items that need to be set up. This cuts set-upwardly time past l% for crash-lock bottom cartons. Another advantage that the applied science offers is that of increased productivity for crash-lock lesser and special box types by 50% and even more. Finally, Speedwave-2 makes finishing of boxes with windows much easier because of the elimination of hooks and no possibility of hooks getting stuck.
Laurels plans to add together another folder gluer before long. Asked if it will exist another Expertfold with Speedwave-2, Rajesh Shah, managing director, Laurels Outset Printers and Packaging says, "We accept not decided nonetheless whether our adjacent folder gluer with over again be an Expertfold with Speedwave. We will accept a decision later six months."
An Expertfold folder gluer, and a Bobst Novacut 106 die-cutter were also recently deputed at Honour Silvassa. In addition, the company has added leaflet folders from Pratham and Guk, a lamination machine from Tiancen, a Heiber and Schroeder WP Speedliner and a Checkmate inspection system from Autoprint.
Offset of corrugation line
Recently, Award commissioned its corrugation line at the Silvassa constitute to add to its area of functioning. Information technology currently produces E and F flute corrugated cartons, with a production capacity of about 250-300 tons per month.
"By starting the corrugation line, we have made certain that our current customers who require corrugation solutions do non have to look someplace else. There was a lot of demand from our customers," says Rajesh Shah.
Flexo partition next
Having started leaflet printing last year and following it up with a corrugation line, Award now prints cartons, leaflets and provides corrugation solutions. Nitin Shah says the next step is to establish a narrow-web flexo division, with an aim to provide solutions such every bit shrink sleeves and labels.
"The whole idea is to exist a ane-cease shop and offer all solutions in-house that our customers require. We are currently deliberating this event at the management level. We hope that something concrete will come up in a year'southward time," says Nitin Shah. The flexo division will be housed in the Silvassa plant.
Diversification to nutrient and retail segments
Currently, Award generates more than 90% of its revenue from the pharmaceutical packaging segment. However, the visitor management is focusing on diversifying into the food and retail sector. The trigger, according to Rajesh Shah, were the U.s.a. FDA bug faced by Indian pharmaceutical companies and the subsequent impact on Laurels'southward business organisation.
"We take lost pregnant concern in the recent past due to the US FDA woes that the Indian pharmaceutical industry has been facing. Hence, we decided that nosotros need to generate some of our concern from other segments as well and not rely completely on one industry," Rajesh Shah says.
Some of India'southward biggest drug companies have been at the receiving stop of the US FDA's wrath. Typically, the U.s. FDA problems a form 483 to pharmaceutical companies if information technology spots any condition that in their judgment may constitute violations of the US Food Drug and Cosmetic Deed and related Acts during inspections. Until they meet these weather, or there are negative observations by US FDA, these pharmaceutical companies cannot export to the US. Since in recent years in that location has been a spurt in the negative observations during plant inspections for approvals equally well equally issuance of warning letters, many Indian pharmaceutical companies have been negatively affected.
Rajesh Shah says that the company will wait to bring downward the share of pharmaceutical sector in the overall business from more than than 90% to about 75% in coming years. Accolade's Navi Bombay institute volition focus completely on the pharmaceutical manufacture while its plant at Silvassa volition be responsible for 60% of the product for pharmaceutical segment and the remainder for not-pharma segment.
"Yes, nosotros would like that nearly 25% of our business organization comes from sectors other than pharma. But that is where nosotros would like to stop. At least 75% of our business volition always be from the pharma industry," Rajesh Shah says.
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Source: https://packagingsouthasia.com/packaging-production/mumbais-award-offset-aggressive-expansion-diversification/
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