Sakata Inx (India) Ltd, a 100-per cent subsidiary of Japan's
premium ink manufacturer, Sakata Inx Corporation, Japan,
will set up the company's biggest ink manufacturing plant
in Panoli, Gujarat. This global sourcing plant will be
set up in two phases at an investment of around Rs60 crore.
The company will invest Rs30 crore in the first phase,
which will be completed by 2007, and the remainder in
the second phase.
plant will be fully operational by 2009, and produce high-quality
gravure printing inks, which will be further, customised
to cater to the specific demands of the flexible packaging
to V K Seth, managing director, Sakata Inx (India) Ltd,
"The Panoli plant will focus on manufacturing news
ink, thereby targeting the vast number of publishing and
media houses and customer base located in Western India."
Also, a plant at Gujarat would make it easier for the
company to cater to the entire western markets from the
surrounding seaports and sound infrastructure of the state.
added, that Sakata would also look at manufacturing UV
and digital inks to expand its reach into the Indian market.
The new unit will also cater to the demand of metal decorations
by producing two-piece cans. Sakata India is also eyeing
the huge growth potential in the retail industry segment
and in regards awaiting a nod from FDI for investment
in the Indian markets.
company has targeted 50-per cent export sales from the
Panoli plant. The plant will be a comprehensive manufacturing
base for all types of inks for the domestic as well as
the international markets that include West Asia, Africa
and other CIS countries. The Panoli plant is expected
to increase the contribution to revenues earned from ink
exports from 10 per cent to 25 per cent and will incorporate
the latest R & D facilities and productivity enhancement
Inx (India) has a production unit in Bhiwadi, that produces
around 15-20 tons per day of ink and ancillary products.
Its products are used in the packaging and printing industry.