Suba announces two deals at PrintPack India
Chennai-based Suba Solutions has announced two deals at PrintPack India 2017. Sale of folder gluer, flute laminator and automatic die cutter to Ballabhgarh-based Packaging India and die cutter to Surat-based Nemlaxmi.
06 Feb 2017 | 5850 Views | By Priya Raju
Packaging India has invested in Brausse folder gluer TB1100 and automatic die-cutting machine 1050SE, and Meiguang automatic laminator HAL1450. In second deal, Stationary manufacturer, Nemlaxmi has invested in Shanghai Eterna automatic die-cutting machine.
Rahul Singhal of Packaging India, said, “Consumers are becoming more educated and aware because of multiple and advance ways of communications and their increased travel. Whatever they see, they demand the same from us. To meet those requirements we need to expand and upgrade our facility and this investment is the result of this.”
“Right now we are converting around 400 ton of paper and board per month and targeting at conversion of 1000 ton board per month in coming six months with the new investment,” Singhal further said.
Vimal Sekhani of Nemlaxmi said, “The investment is in line with the company’s strategy to diversify into the packaging business from stationary manufacturing. We are in the stationery business since 1992 and produce exercise note books under our brand Genius. The die-cutter from Eterna is economical and would give us the value for money invested. In addition to this, after sale service is one of the the important reasons to opt for Eterna.”
V Vaidyalingam, director at Suba Solutions, said, “Being capital investment equipment signing any deal during the fair is crucial and needs expertise from seller and printer sides. We are happy that our products are helping printers to meet their expansion plans.”