Forecast for 2017: Kanishk Jain
Kanishk Jain of Grafik Machinery International believes that the current economy will recover in the next seven to eight months, depending on the government’s taxation and interest rate policy.
01 Mar 2017 | By PrintWeek India
Kanishk Jain, Grafik Machinery International
In the recent years, Grafik Machinery’s R&D has developed a LED UV system, window-patching and liner carton machine and carton folder-gluer machine.
Forecast for 2017
There will be short term negative effect of demonetisation. According to our estimates it will take seven to eight months to recover. After that the speed of progress should be much higher. However, it depends on the government’s taxation and interest rate policy.
Benefits to print companies
Grafik’s motto is quality at low capital investment. This helps the mid-segment printer to compete and produce items which are in the hands of only a few big printers.
Sales performance
Grafik has installations across India. Our sales target for 2017 is Rs 30 million.
Response to changes
Grafik quickly switches over to new technology. We keep our eye on new technology by visiting international fairs and exhibitions and try to produce competitive products for our clients at economical rates.
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