Reinforcing its role as an industry leader in a broad range of paper packaging, the five year-old Bangalore based Global Printing &Packaging Co. Pvt. Ltd., is scouting for tie-ups or joint venture initiatives from foreign packaging companies to be able to offer the latest in packaging to a wide range of customers.
The company, which already has bagged a significant business from the Karnataka pharma majors for their export sales, has received a positive response to its capability in packaging.
Global has been recognised for its quality and quick delivery response which resulted in direct enquiries from global companies based on superiority in the final product. These companies are of the view that it would be cost competitive for them to outsource packaging from India.
Several multinational companies have entered country to provide modern and customer-oriented design. The presence of foreign companies in the domestic arena alters the customers requirements which makes Indian units edgy and hence they look out for either potential joint ventures to increase their sales or invest to update their products and production processes.
"We are on the look out for collaborations from global majors to have a presence in the international market. It would give us the biggest advantage if we team-up with leaders in the field," said BK Manjunath, director, marketing Global Printing & Packaging Co. Pvt. Ltd.
In order to capitalise on the latest technology advantage, Global is investing around Rs. 1.5 crore to install a CTP Computer to Plate label inspection system.
Global which is an associate company of Rajan Hans Printers has invested Rs. 15 crore since its inception to cater to the growing pharma industry needs.
It has gone ahead to install state-of-the-art machinery to offer customers a better range of options. The packaging machines are sourced from global leaders in Japan, Germany and Switzerland. The range includes 5 colours Heidelberg CPC CD with in-line coater, 8 colour Gallus Flexo Machine, Misuibishi 4 colour CPC machine, Planeta P2 4CPC, VC VD machine with UV curing facility.
The company draws from a knowledge base of more than five years of industry experience. Furthermore, its reach in the state gives it the advantage of offering an innovative range of packaging solutions to the market. Its client profile literally covers the big names in the pharma industry in the state.
It has also recognized the need to satisfy customer requirements for smaller, faster packs with high accuracy which is a key requirement in the pharmaceutical industry.