Ghaziabad-based label printer, Shree Lamipack, has completed the installation of a new Bobst Nova M1 label printing press at its factory.
Equipped with in-line inspection, tension control and registration on each unit, the new press features cold foil, delam, relam, slitting, two unwinding units and three die-cutting units.
Deepak Gupta, CEO, Shree Lamipack, said: ‘With this investment, we expect to catalyze our growth in high value-addition and innovative labels. We have further installed a machine to offer doming effect on labels, an inkjet numbering unit as well as enhanced capability to produce label-on-label for premium segments. These machines will facilitate our expansion in pharmaceutical and FMCG companies that is essential for continuous growth in these trying times.’
Currently, Shree Lamipack mainly caters to automobile and chemical industries in domestic market and exports to Sri Lanka, Bangladesh and Nepal.
Future expansion includes venturing into producing RFID labels and cards. ‘We are in the process of evaluating a converting machine to insert RFID chip to the label, and hope to start production by early next year. While we have label manufacturing expertise in-house, we see a lot of emerging demand in bank and metro-rail cards segment.
We believe RFID is the future technology that will dominate the market. Other than the apparel segment, it will have huge demand for baggage tags in accordance with guidelines by IATA,’ said Gupta.
Continuing to strengthen its foothold through backward integration, Shree Lamipack is also expanding its in-house coating facilities. The company has imported one high speed hot melt coating line and is in the process of installing two high speed coaters to enhance its capacity of silicone coated release liners and acrylic emulsion coated paper and film stocks. Further, it will continue to operate its existing silicone coating machine.