Re launches joint venture in India

Italy-based Re, a manufacturer of auxiliary equipment for the converting industry, has entered into a joint venture in India with a local producer of gravure cylinders.

Re and India-based Shilp have had an informal working relationship for the last two years. Now a new company, Re Shilp Equipments India, has been founded in Ahmedabad in Gujarat, an hour’s flight from Mumbai.

The joint venture will help to improve local sales and service support, say the companies. 

Pictured: Re and Shilp have launched a joint venture in Ahmedabad, India