Indian converter invests in Mark Andy and Rotoflex machines

Dehradun-based Zircon Technologies has invested in a 10-color and a 12-color, 17-in Mark Andy Performance Series P7E presses.

 left to right: Manohar Dhugga, VP of Operations, Rotoflex, Mr. Arun, Zircon Technologies, Sanjeev Sondhi, Director of Operations, Zircon Technologies, Jason Desai, CEO, Mark Andy, Inc., Gourav Roy, Managing Director, Flexo Image Graphics at Labelexpo Europe 2019
The company has expanded its off-line converting capacity with the addition of one Rotoflex DLI, two Rotoflex VLIs and two Rotoflex VSIs.
 
This agreement also includes an additional highly configured Mark Andy Performance Series P7E press and three additional Rotoflex machines to follow shortly.
 
These endeavors aide the expansion of Zircon's footprint in India as it prepares to open its fifth manufacturing site. The newest facility will be located in Dehradun, and is estimated to add approximately 100 to 120 new jobs to its existing staff of 480 personnel.
 
The addition of new equipment is expected to propel the company into verticals outside of its current specialties, which include wine and spirits, home and personal care and security. Zircon will be entering the market of cardboard tube and aluminum foil lidding.
 
Zircon Technologies expects to reach 80 million USD in revenue in the next four years.
 
Sanjeev Sondhi, director of operations at Zircon Technologies, said: ‘This growth includes plans to invest an additional six million dollars in capital equipment over the next 12 months to help achieve those projections. We are continuing to do what we have done since the beginning and that is reinvest in Zircon Technologies. To maintain our target growth rate, it was necessary to further diversify our business and that is what led us, again, to the Mark Andy Performance Series and Rotoflex’s customized finishing machines. The acquisition of new equipment enables us to extend our reach in the Indian and international label and packaging market.’
 
Gourav Roy, Rotoflex and Mark Andy representative in India and managing director at Flexo Image Graphics, believes that the future of Zircon is limitless and is looking forward to contributing to the continued success of the company. 
 
Roy said: ‘Zircon started with focus on self-adhesive labels in 2006 with a 13in 8-color Mark Andy 2200 press. Since then, the company has experienced exponential growth. The vision and appetite of Sanjeev to take calculated risks and to have the best of the infrastructure, helped the company to grow to a level at what it is today. FIG, and by extension Rotoflex and Mark Andy, is prepared to extend the best services and be a part of Zircon’s growth.’