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Siegwerk Announces Further Expansion in India

Company inaugurates warehouse and color matching center at Tauru (Haryana) to support India’s growing demand for packaging inks.

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By: Lina Squire

, Rodman Media

Siegwerk announced the commissioning of a new warehouse and color matching center in Tauru (near Sohna), Haryana. This move follows the recent inauguration of the specialized solvent-based blending facility in Siegwerk’s Bhiwadi site in Rajasthan.

The new center in Tauru, a facility spread across 36,000 square feet, will position Siegwerk for further growth in the northern market. The company builds on experience, innovative technology and the adoption of global best practices in ink manufacturing.

With an investment of INR 40 million (€460,000), the facility offers a warehousing capacity of 1,000 tons and color matching for the north zone customers. This new matching center is equipped with an ultra-modern quality control lab in line with global standards. The facility was inaugurated by Ashish Pradhan, president, Siegwerk Asia. Within the first three months of 2022 alone, Siegwerk Group has invested close to INR 250 million into its Indian operations.

“This expansion is in line with our strategic growth plan to sustainably expand our footprint in In-dia,” Ramakrishna Karanth, CEO, Siegwerk India said. “This new expanded capacity is a welcome indicator of the company’s growing demand since the launch of our 100% safe inks.

“The expansion presents an ideal situation allowing us to further drive value through the industry’s supply chain,” Karanth added. “According to reports, the global packaging ink market size is forecast to reach $12.91 billion by 2025, with APAC dominating the market. Considering the population and consumer demand facets, we are betting high on the Indian market and these investments are in line with our commitment to India.”

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