FINAT primes Indian label printers for B2B event

FINAT, along with the national associations of Germany and India, VskE and LMAI, is organizing the Euro-India Labelling Exchange, a unique B2B ‘matchmaking’ event in New Delhi, India, from 5-7 December. The program, sponsored by the European Union, aims to bring together delegations from Europe and India to explore the potential for bilateral business-to-business co-operation between Indian and European SMEs in the label industry. It will include 15 rounds of 40-minute parallel sessions allowing European label printers and their Indian counterparts to meet face to face and discuss common opportunities.

On 25 August FINAT and LMAI organized an information workshop in Mumbai to inform members of LMAI about this event. In his opening address, LMAI general secretary Prof. P.V. Narayanan welcomed the FINAT initiative and stressed its impact on technology and commercial development. ‘Both supplement each other. Technology strengthens with finance and financial stability grows with technological capabilities. Technological development is about synchronization of functions, processes and materials and in this respect the Euro-Indian Labelling Exchange assumes greater significance.’

LMAI managing committee secretary Bavin Kothari of Interlabels encouraged his fellow label printers to seriously consider the opportunities offered by the matchmaking event. ‘The label is more than just product decoration. It is an essential tool in the logistic process, in retail in RFID, and Indian label printers have only just started to specialize. We can certainly benefit from the European experience, their technological capabilities as well as workmanship. But in order to achieve an optimum “fit”, it is important to consider one’s own values add. Know what kind of match you would like to have, but also what “fit” you have to offer. I am convinced that with the information provided today, you are well positioned to make that fit’, he concluded.

For more information about the Euro-Indian Labelling Exchange visit http://www.euro-indialabel.com/.