With a confirmed business of over USD 290 million and trade inquiries worth USD 510 million generated at the PrintPack 2017, the entire industry is in acceleration mode. Newly elected president of IPAMA, S Dayaker Reddy said “The industry has a huge potential to grow, as there is a big gap in export and import figures. Our focus is to give an ideal platform to the manufacturers so that they can perform better.” The next edition of PrintPack India is scheduled at India Expo Centre, Greater Noida, from 1 to 6 February 2019.
General Secretary of IPAMA, Naveen Gupta said, “Right on the track, IPAMA is working hard to bring the Indian graphic arts industry on the global map and there is no better platform than PrintPack India to do the same. I am delighted to share that in pursuance of this goal, the 13th edition of PrintPack India set up many new precedents in the industry, including a record of over 430 companies under one roof and 86,000 business buyers.” He added that PrintPack India 2017 was like a mini world show with global participation from China, Dubai, Hong Kong, Italy, Riyadh, Sharjah, South Korea, Taiwan, UK, USA, Indonesia, The Philippines, Thailand and many more countries, in addition to the overwhelming domestic participation.
IPAMA (Indian Printing Packaging and Allied Machinery Manufacturers’ Association), the apex body of printing, packaging and allied machinery manufacturers in India, organises the show is dedicated to the one-point programme: Promotion of the Indian Graphic Arts Industry. Most of the constituents of the fraternity are its members. To highlight a vibrant Brand India image from time to time, it holds national and international exhibitions.
According to the data available from 2015-16, the market size of printing and packaging machinery industry is around Rs 23,931 crore, and total turnover in 2015-16 was around Rs 16,916 crore. However, there is a huge gap in export and import, almost in the ratio of 1 to 5. India is the fifth largest print-packaging market with revenues of USD 12.2 billion. By 2020, revenues will reach USD 18.6 billion, just below Japan, the third largest market with USD 19.1 billion in print-packaging revenues.