Tholasi Prints India has announced plans to invest Rs200m ($4m) in new plant and machinery, in a bid to expand its printing business.
The investment will be made in the company's new 25,000sq/ft plant and the machinery to be purchased will include Heidelberg CD 102, Pratham Technologies' folding machines, printweek.in reported.
The commercial pint company also plans to buy envelope making machine from Redlands, Screen CTP and Eureka K115CDh paper cutting machine.
Further with CD 102 press, Tholasi plans to venture into packaging, besides investing in die-cutter and folder-gluer machine, owing to growth in the sector.
Source:
http://packagingservices.packaging-business-review.com/news/tholasi-prints-announces-investment-plans-300413
