issn 0970-8391 rinting imesaifmp.org/pdf_file/pt nov dec 2017.pdfk. rajendran, co-chairman...

1November - December 2017 Printing Times

PRINTING TIMESISSN 0970-8391

OFFICIAL JOURNAL OF THE ALL INDIA FEDERATION OF MASTER PRINTERS

November - December 2017 R 100

THE INDUSTRY IS UPBEAT- THE UNMISTAKABLE MESSAGE FROM

PAMEX

12TH NAEP-A SHOW WHICH

LEFT EVERYONE SPELL BOUND

2 Printing Times November - December 2017


CONTENTS

PRINTING TIMES Official Journal of the All India Federation of Master Printers Printed & Published by Anand Limaye on behalf of All India Federation of Master Printers 605, Madhuban, 55 Nehru Place, New Delhi-110 019

Ph: +91 11 26451742/43, 41651742 at Dhote Offset Technokrafts Pvt. Ltd. Goregaon, Mumbai

Email: [email protected] / [email protected]

Co-ordinator: Sonia 9811986436

Designing: Dhote Offset Technokrafts Pvt. Ltd.

Hon. Editor: Arvind Mardikar

All rights reserved. Views expressed by the contributors are not necessarily those of AIFMP

Founder Editor: V. N. Chhabra

Message from President 6

Editorial 8

AIFMP News 10

• 238thGoverningCouncilMeetingAtMumbai

• 12thNAEP-AShowWhichLeftEveryoneSpellBound

• NAEPEvening:AppreciationsThrough WhatsApp/TextMessage/Mail

• NAEPGallery

• MedalTally

• TheIndustryIsUpbeat-TheUnmistakableMessageFromPAMEX

Yes!YourOpinionMatters!! 22

Affiliate News 26

• ‘Next’IsIntegrationAndCollaboration

• LifetimeAchievementAward

• 5thMegaEvent–PrintersConclave

• OPA-FelicitationsforVicePresident(N)AndHonTreasurerofAIFMP

• OPACalendarReleased

• FelicitationFunctionatSalem

• PPL2017:PuneWins.PrintersBond

• DelhiPrintersAssociation-RelocationofIndustriesinDelhi

• NewOfficeBearersofMPLAforTheYear2017-19

• J&KOPAReleasesCalendarforTheYear2018

• OPA-SouvenirReleased

• Prof.KamalChopraDeliveredKeyNoteSpeechatJadavpurUniversity

Foodforthought 34

Notifications,Rules&Regulations 35

Industry News 37

• PromotionalMeetforPrintpackIndiaExhibition

• IPAMADelegationtoExploreOpportunitiesInSriLanka

• TechnovatoShowcaseExcitingNewDigitalPrintMedia Solutions@CEIF2018

• Chennai’sNavaneethamEnterprisesEnhanceProductivityWithHeidelbergSpeedmasterSX-74

• HeidelbergIndiaHosts‘CelebratingSpeedmasterCX75’Seminar atPune

• KonicaMinoltaStealsTheShowatPamex2017withItsNextGenerationDigitalPrintingSolutions

ALL INDIA FEDERATION OF MASTER PRINTERSOffice Bearers for the year 2017-18

Standing Committees for the year 2017-18

CONSTITUTION REGULATORS AIFMP President, Chairman Raveendra Joshi, Member Ashwani Gupta, Member

PAMEX Tushar Dhote, Chairman Harjinder Singh, Co-Chairman Prakash Canser, Co-Chairman

EXPORT PROMOTION Mehul Desai, Chairman K. Rajendran, Co-Chairman

INTERNATIONAL RELATIONS Vinod Kumar Rajpal, Chairman

LEGAL ISSUE & DATA COLLECTION Anand Limaye, Chairman

PAPER & BOARD Dinesh Kundapur, Chairman V. Ganeshkumar, Co-Chairman

GOVERNMENT RELATIONS Vinod Kumar Jain, Chairman Harshdeep Malhotra, Co-Chairman

ENVIRONMENT A Balasubramanian, Chairman T. Asokan, Co-Chairman

FINANCE & TAXATION Uday Dhote, Chairman Rajesh Sardana, Co-Chairman

SOFTWARE FOR PRINTING INDUSTRY Fred Poonawala, Chairman C. Ravinder Reddy, Co-Chairman

EDUCATION & TRAINING N.V. Muralitharan, Chairman Raju N. Kutty, Co-Chairman

TECHNOVA CO-ORDINATIONG. Venugopal, Chairman G. N. Visvakumar, Member Fred Poonawala, Member Anand Limaye, Member

PRINTING TIMESEditorial Board Members:O. VenugopalVilas SangurdekarR. N. Dutta Baruah

Hon. Editor: Arvind Mardikar

PRESIDENTAMSG Ashokan

IMMEDIATE PAST PRESIDENTProf Kamal Chopra

VICE - PRESIDENTSManinder Singh (North)

Abhijit Sarkar (East)Raveendra joshi (West)O Venugopal (South)

HON GEN SECRETARYArvind Mardikar

HON JT SECRETARYPrakash Joshi

HON TREASURERAshwani Gupta (1st October 2017 to 31st March 2018)

Vijay Mohan (1st April to 30th Septmeber 2018)

5November - December 2017 Printing Times 5November - December 2017 Printing Times


I am optimistic that allourpending issuesrelatedtoGST, Exports& Importsetc.willberesolvedinnearfuture.Request all of youtocontributebysuggestingnewideas

New Year : New HopeBythetimethisreachesyou,newyearcelebrationswillhavecometoanend.However,newyear–newhopeandhonesteffortsmustcontinue,soisthecaseatAIFMP.AftersuccessfullyhostingPAMEX2017and12thNAEP,TeamAIFMPisfullychargedtocontinueinthesamewayinthenewyear.

Ithasbeenunanimouslyagreedduring238thGoverningCouncilmeetingtogivemajorthrusttoprinteducation.Allouteffortsandsupportisrequestedfromtheprintfraternity.I amdelighted to informyou, an INRFifty Lakh fundhasbeencreatedatAIFMP fordistributionof scholarships andproviding support to studentsofprint education. Insupportof‘WomenEmpowerment’girlstudentsarebeinggivenmoreimportance.Itisproposedtointroduceshorttermcertificatecoursesandalsorefreshercoursesatmultiplelocationsinduecourseoftime.Hugetask!Agreed,butdefinitelypossibleifentirefraternitycontributesinbestpossiblemanner.

To create awareness amongst the small printers and to keep themconnectedwithmainstreamAIFMPhasdecidedtoholdregion-wiseknowledgebasedprogrammesforwhichasubstantialfundhasbeencreated.Tier2andtier3citiesshallbethefocuswhileorganisingsuchprogrammes.Ourregionalvicepresidentsaremakingextraefforts toconnectwithmaximumpossibleprintersoftheirrespectiveregions.

CollectionofPrinters’data isextremely important forwhicha special committeehasbeenformedandinitialresultsareveryencouraginggiventhatthisisaherculeantask.Isincerelyappealtoalltheprintersofourcountry,irrespectiveofsize,place,association,affiliation,pleasedoshareyourname(bothfirmandowner),detailedaddress,contactnumberandemailidwithfederationatfopaid11@gmail.com.Believeme,babystepsincollectingdatawillmakeusstrongandwewillbeheardatallandeveryplatform.Soletustakeapledgeofactivelysupportingthisnoblecauseof‘datacollection’.

DesignatedmembersofAIFMPare in touchwith various governmentdepartmentsandagencies forobtaining clarifications,pushingour legitimatedemands, submittingrepresentationsincludingpre-budgetmemorandums.IamoptimisticthatallourpendingissuesrelatedtoGST,Exports&Importsetc.willberesolvedinnearfuture.Requestallofyoutocontributebysuggestingnewideas,newways,newapproachesinfindingoutamicablesolutionstoallourissues.Thefederationisalwaystheretotakeupthejustcauseofprintfraternity.Merelysuggestingverballywillnotservethepurpose.Onemustwritepreciselywithsupportingdocuments,thiswillfacilitateinquickandeffectiveresponse.Remember,‘faintestofinkisstrongerthanthestrongestofmemory’.

Onceagain take thisopportunity towish youandyour family a veryhappy,healthy,prosperousandpeacefulyearahead.

AMSG AshokanPresident, AIFMP

Message from President


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editorial

Before someoneasksmewhytoattendorparticipateor celebrate, letme tryand answer – it is said,agreed and proven thatman is a social animal; as such,alltheseeventsareamostsuitableplatformforfellowshipandnetworking.

Festival Season of Printers....At theoutset, sincerenew -yearwishes toall the readers, advertisersandcontributorsof

PrintingTimes.Smilesareback,yessurely-forusprinters-notonlybecausebusinesshas

revivedandweareinthemidstoffestivalseasonintheentirecountry,butalsobecausethisis

ourownfestivalseason–‘FestivalSeasonofPrinters’andImeanit.Startingwithrecentlyheld

PAMEXandNAEPinMumbai,NorthZonePrinters’MeetwasorganisedinLudhianaon24th

ofDecember,thenwehavePrintSummit2018againinMumbaion17thJanuaryfollowedby

KMPAfulldayseminar‘Print&Beyond’on3rdandGCMeetingon4thofFebruaryatKochi,then

WBMPAwillhavelaunchofEasternPrintPackon10thofFebruary,fromtheretoVijaywadafor

thefirstever‘MudrapakMahaSammelan’on18thofFebruaryorganisedbyAndhraPradesh

StateOffsetPrintersAssociation.Thebigdayforallofusis“Printers’Day”onFebruary24th,

whichmostoftheAIFMPaffiliatescelebrateatlocallevelinbefittingmanner.MMShavetheir

LTA–LifeTimeAchievementAwardfunctioninMumbaionthesamedayandon11thMarch

TOPAhasorganisedaseminarinHyderabadandsoon...(pleaseexcusemeifIhavemissedout

someevent).Thus,midDecembertomidMarchwehavefunctionsandcelebrationsallover

Indiaandthereforeitisa‘FestivalSeasonofPrinters’.

Beforesomeoneasksmewhytoattendorparticipateorcelebrate,letmetryandanswer–itis

said,agreedandproventhatmanisasocialanimal;assuch,alltheseeventsareamostsuitable

platformforfellowshipandnetworking.Interactionswithseniorsaswellasjuniorsfromother

citiesandstateswillgiveanewperspectiveoflookingatthings.Anotheradvantageisremaining

connectedwithlatesttrendsandmarketrequirements.Inotherwords,onceyoucomeoutof

yourcomfortzone,analtogetherdifferentpictureemergeswhichinturnwillmotivateyouto

dobetter,todosomethingdifferent.Needlesstoadd,youaresupposedtoattendimportant

eventsandthattoafterensuringeverythingrunssmoothlyinyourabsence.Thinkoverit,move

outofyourcomfortzone,learnsomethingnewandfeelfromwithin‘ProudToBeAPrinter’.

ParticipationremindsmeoffootfallatPAMEX2017whichwasalltimehigh.Similarly,in12th

NAEPceremonyitwasminiIndiawhichgatheredtocheerupawardeesinthetruespiritof

‘EffortsAppreciated,ExcellenceAwarded’.

Beforesigningoffallowmetodedicatethisissuetoalltheparticipantsofthisyear’sNAEP.Who

wonordidnotwinissecondary,asparticipationisthefirststeptowin.Sofriends,infuture

nevermissanopportunitytoparticipateinanyactivityforagoodcauselikea‘Karmayogi’.

Afterall,ShriKrishnainBhagwatGitahassaid:

keÀce& ³eesie JeemleJe ceW SkeÀ Hejce jnm³e nw~

14-01-2018 Arvind MardikarHon. Editor


238TH GOVERNING COUNCIL MEETING AT MUMBAIAIFMPNEWS

The238thGCmeetingofAllIndiaFederationofMaterPrintersPrinters(AIFMP)washeldonDecember20,2017coincidingwith12thNAEP2017atJWMarriott,MumbaiundertheableleadershipofOrganisingSecretaryMrArvindMardikar.Unlikemostofthemeetings238thGCmeetingwashostedbyAIFMPinassociationwithlogistichelpfromMMS.

MrAMSGAshokan,PresidentAIFMPwelcomed theaugustgatheringand sharedhis visionand the successof variousprogrammesandeventsheld:

Felicitation ceremonies:Mr.Presidentsaidintheshortspanoftwomonthswetriedtohonouralltheinvitationsoftheaffiliatesassociationsandattendedmostofthefunctions.InmyabsencemyOBs’teamstepinandinfullenthusiasmsupportedtheeffortsdonebytheaffiliates. First felicitation functionof thenewlyelectedOBs’wasdonebyGreaterDelhiMasterPrintersAssociationonOctober 4, 2017 followed byNelloreDistrict PrintersAssociationonOctober8,KeralaMasterPrintersAssociationonOctober 14,Kerala PrintersAssociationonOctober 25,KanpurPressAssociationonOctober28,J&KOffsetPrintersand JammuPrinters Association onOctober 29, LucknowPrintersAssociationonNovember18,TelanganaOffsetPrintersAssociationonNovember22,InCoimbatoreonNovember25,

PondicherryOffsetPrintersAssociationNovember26,attendedbyShriVNarayanSwamy,ChiefMinisterofPondicherry,SivakasiMasterPrintersAssociationonNovember27,MaduraiDistrictOffsetPrintersAssociationonNovember28,DindigulDistrictPrintersWelfareAssociationonDecember8, SalemDistrictOffsetPrintersAssociationonDecember9,2017andKarurDistrictOffsetMasterPrintersAssociationonDecemberOnDecember10.

PAMEX Road shows:Pamexroadshowsaround50citiesatregionallevelreceivedphenomenal response.The resultof these road showswaswitnessedduringPamexexhibitionwhichwasfloodedwithbusinessvisitorswhichstartedfromSeptember17toNovember26, 2017 Pamex road shows coveredmultiple cities inMaharashtra,AndhraPradesh,TamilnaduandMadhyaPradesh.

Government Representation on November 14-16, 2017:AIFMPdelegationunder the leadershipofMrVinodKumarJainwithMrHarshdeepMalhotra,Co-Chairman-GovernmentRelations,MsMedhaVirkar,MrSatishMalhotra,PastPresident-AIFMPaccompaniedbyMsPriyankaRathiVermaExecutiveSecretary-AIFMPmetHon’bleMinisterofCommerce&IndustryShri Suresh Prabhu,Ms Rita TeoatiaCommerce Secretary,


All India Federation of Master Printers

239th Governing Council Meeting

February 3 - 4, 2018 at Cochin

Hosted KeralaMasterPrintersAssociation

Mr ShaymalMishra IAS,Joint Secretary-Department ofCommerce,MrAlokChaturvedi-DGFT,MrNK Srivastava-Addl. DGFT,Mr Ramesh AbhishekIAS, Secretary -DIPP,Dr Vandana Kumar IDAS, Joint Secretary-DIPP,Ms PreetiMadanPrincipalEconomicAdvisor-DIPP,MrKokilaJayaramanmDy.Director-DIPPandMrZakiraKhanYusufzaiSr.DevelopmentOfficer-DIPPtodiscussontheissuespertainingtotheexportsofprintedmaterialsfromIndia

12th NAEP 2017:MrPresidentsaidtheaimofcelebratingtheNAEPawardsistoshowcaseIndianprinter’sachievementandcontributionstotheindustry.PrintersGuild,NagpuristhehostassociationoftheflagshipeventoftheAIFMPthisyearandtheyhavedonepraiseworthywork.1439entriesform08participantsinmorethan100categorieshavebeenregistered.TheawardgallerybeingestablishedinPamexforentirefourdaysofexhibitionhasprovidedanadditionalwindowfortheworkofprinterstobepraisedbythefellowbrethren.

Education:NelsonMandelasaid“Educationisthemostpowerfulweaponwhichyoucanusetochangetheworld”

Mr.PresidentsaidAIFMPwouldliketocontributeasmuchaspossibleforthisnoblecause.

During238thGCmeetingatAmritsarH.E.GovernorofPunjab,ShriVPSinghBadnorealsourgedtoAIFMPtocontributemoreforthegirl’seducation.

BrighamYoungsaid“youeducateaman,youeducateaman;youeducateawomanyoueducateageneration”.

TospreadPrinteducationandassistthestudentswhowanttopursuetheircareerinprintingindustryanamountofINR50lakhwouldbeutilizedtocreateaFDR.TheinterestderivedfromthisFDRwouldsolelybeusedforEducationalpurposeonly.

Printers’ Bhawan:OneofthemostambitiousprojectofAIFMPandbrainchildofMrSubhashChander,PastPresident,AIFMPISGETTINGFESHLIFEAGAININTHETENUREOFMrAMSGAshokanandteam.

MrPresidentinformedweareactivelyseekingthebestlocationtoconstructPrinters’Bhawanandwewillnotcompromiseonthelocationandarchitectureofthebuilding.


12TH NAEP-A SHOW WHICH LEFT EVERYONE SPELL BOUNDAIFMPNEWS

edition of NAEP has been a wonderful journey and agreat learning experience, ArvindMardikar,OrganizingSecretaryNAEP2017quoted.“Interactingwithunknownfaces, understandinghumannature andfinallymakingfriendswasthebiggestgainofTeamPrinters’Guildwhileorganisingthismegaevent.

NAEP2017received1439entriesfrom108participantsin more than 100 categories separated group wise.Twonewcategories–Non-wovenBagsandprintingonless than50GSMsubstratewere introducedthistime.Judgingofentrieswasverycrucial.EminentpersonalitiesfromGraphicArtIndustrycametorescueandexecuteditinthebestpossiblemannerwithcompletefreedom.

There were many firsts this time – setting up of anaward gallery in PAMEX for the entire four days ofexhibition, an award ceremony to take place outdoorsin the beautiful and lustrous venue of JW MarriottMumbai and for all practical purposes awards weredistributed alphabetically. Based on this year’s NAEPeditiontheme‘EffortsAppreciated,ExcellenceAwarded’

TheNationalAwardsforExcellence inPrinting(NAEP)were instituted by theAll India Federation ofMasterPrinters,NewDelhi (AIFMP) in 1999 to celebrate thequestforqualityoftheprintingindustry.Theaimoftheseawards is to showcase Indian printers’ achievementsand contributions and to create awareness andrecognitionoftheircapabilities.Thisyearthe12thNAEPwascelebratedonDecember20,2017atJWMarriott,Sahar,Mumbai.Printers’Guild,NagpurwerethehostassociationofNAEP,theflagshipeventofAIFMP.

TheNAEP–2017receivedtopqualityentriesfrompanIndiaprintfraternity.Eminentgraphicartpersonalitieswere invited as juries and they evaluated the entriesveryscientificallyandprofessionallyandidentifiedtheexemplaryprintedproductsineverycategory.

Planninganeventisnevereasy.AlbertEinsteinrightlysaid “Plans are nothing. Planning is everything”. Theprocesscanbelongandoftenlitt lebumpyasplannerattempts to balance brand and sponsor interests,attendeemust-havesandotherhighvalueintegrationsbutitseemsforPrinters’Guildhostingofhistorical12th


AIFMPNEWS

all extravaganzas were curtailed – only ‘the printer’remainedthecentreofattraction.

“It always seems impossible unti l it’s done”. Some people look for a beauti ful place. Other make a place beauti ful andmarvellouseffortsofTeamPrinters’GuildnotonlymadeNAEPawardfunction2017 lookbeautifulbutanightworthrememberingforattendeesandespeciallyforawardwinners.

The dazzling award show night began with nationalanthemfollowedbyGaneshVandana.Printluminariesfrom all over India marked their presence, addingcharismaticpersonatotheevent.

President Ashokan, all the Past Presidents’ of AIFMPwho were present, all four jury members, KonicaMinoltaandHubergroupmemberswerepartofawarddistributionteam.

Printing Industry’s tallest and most respectedpersonality Mr. Pranav Parikh, Chairman, Technova

ImagingSystemsgaveaway ‘Special JuryAwards’. JakPrinters Pvt. Ltd., Mumbai once again won the ‘BestPrinteroftheYear’award.

Mehul Shah fromMMS, Mumbai was the master ofceremonywhowasablysupportedbyArvindMardikar,Organizing Secretary, NAEP 2017 and Hon. GeneralSecretary AIFMP. The duo kept the audience spellbound with their impeccable style of conducting theproceedings

Vote of thanks, were proposed by Arvind Mardikaron behalf of host association. Sincere thanks wereextended to everyone present and to all those whodirectly or indirectly helped in organizing the event.Special thanks were given to Team DPA and MMSfor actively supporting and guiding from day one ofpreparations.

TheprogrammeendedwithaGalaDinner.


AIFMPNEWS

NAEP EVENING : APPRECIATIONS THROUGH WHATSAPP/TEXT MESSAGE/MAIL

HatsofftoArvindMardikarfortheexcellentshowandtoTeamMMSforthesupportrendered.

Dev Nair,PastPresident,AIFMP

ArvindandMehul–Greatevent.Noconfusionorpanicblunders.Verysmoothlyconducted.Congratulationstobothofyou.

Medha VirkarSr.GCMemberand

PastPresidentofMMS.

ThankyousomuchArvindji.ItwasawonderfuleveningofawardceremonyandgreathospitalitybyNagpurprintersassociation.Enjoyedeverymoment.Congratulations!

Mita ShahA&MEnterprises,Ahmedabad

Congratulationsforawonderfulprogramme.WeareproudofyouArvindbhaiforhostingsuchamegaeventawayfromhome.NagpurisnowknownonallIndialevelbecauseofyou.

Rajesh KinariwalaBox-N-Base,Nagpur

Yesindeed!Greatshow!!Andalsoprovidedplatformforpastpresidents’–appreciateyourgesturebrotherArvind.

R. Suresh,PastPresident,AIFMP

Most memorable evening!ByfarthebestNAEPevening,Ihaveattended.CongratulationstoArvindjiandhisteam.

Khushro PatelTeamJakPrinters,Mumbai

Goodarrangements,goodshowandqualityofBlackBookisexcellent.CongratulationsArvindji.

Pankaj SethiSr.GCMemberand

PastPresident,JKOPA.

Arvindji, I have tothank you for allyour goodness& care and alsocomplimentyouonthefantasticorganisation of the ÁwardShow’, I was fortunate toexperienceboth.Thanksagain.

Sanjay Arora,ShellsAdvertising,

NagpurandJuryMember.

IfullyagreewithDev.NiceshowArvindji,keepitup!!

Manoj Mehta,PastPresident,AIFMP

NAEPagainendorsedyourorganisingability,strength,confidence,dedicationandtransparentleadership.YoudeservemorethanthisandIwillbefortunateifIcanlearnandfollowatleastafewthings.MyfriendArvind,youhavewonthehearts.

Ravindra JoshiVP(W)andPresident,PPOA

DearMr.President&Mr.Secretary,

The 238th GC meetingwhichheldatMumbaiwasoneofthegreat occasion

we are really very happy to be thepart of that meeting on behalf ofTirupur Master Printers Association.We enjoyed both Pamex and NAEPAwardfunctioninagreatmanner.

Wearesincerely thankful toAIFMP’Scomplete team for contributing theirvaluable time to the federation tomake this exhibition andGCmeetingtoattainitspinnaclestage.

Weonceagainpayoursincerethankstothememberassociation

Mumbai Mudrak Sangh, Mumbai &AIFMPofficebearers

Weassureourcontinuousparticipationandco-operationalwaystoAIFMP.

K. KumaraswamyGCTMPA,Tirupur


AIFMPNEWS

NAEP GALLERY


NAEP GALLERY

AIFMPNEWS


AIFMPNEWS


THE INDUSTRY IS UPBEAT- THE UNMISTAKABLE MESSAGE FROM PAMEXShedding the months of gloom due to the problems related to adoption of the new tax regime, Pamex 2017 portends a bullish industry in the new year as the curtains came down on a successful event with unprecedented footfall of 25223 visitors and several deals being reported at the venue itself. The event was held from 18 to 21 December at Bombay Exhibition Centre, Mumbai.

Spreadacrosstwohalls,1and5,Pamex’17openeditsdoorswitharibboncuttingceremonyatthehandsofAMSG Ashokan,President,AIFMP;S. Dayaker Reddy,President,IPAMA;Tushar Dhote, President,MMS;Mehul Desai, President, BMPA;Chang Xiaoxia,GeneralManager, CAPT (ChinaAcademy);Neetu Arora,Director,Print-Packaging.Com(P)Ltd.;Pernilla Jonsson,SeniorDirector,GlobalPrograms,NPES;Balasaheb,MaharashtraMudranParishad;Yasuhito Nagai,Auditor,JPMA(Japan)&Mustafa Kapadia,Director&President,SPAI.

The Show featured350+ exhibitorswhopresented latestinnovationsanddevelopments from the industrywith75+ product lauches,200+ runningmachinesandseveralotherattractions.

It Was Pouring Deals @ Pamex 2017!

Reportsofonsitedealsstartedappearingonthefirstdayitself.Tolistafew:

• Zhongke India sold its ZK-5540OWLpaperboxmakingmachinetoMaPrintsBengaluru.

• AutoprintMachineryManufacturersbookedanorderforBlankmatic1082H,anofflinestrippingmachine.

• EFIVutek,announcedthesaleofEFIVutekGS3250LXProwide-formatkit.

• Pratham reported that it bookedorders for six paperfoldingkitofvaryingconfigurations.

• NewDelhi-basedNBGTechannouncedthesaleoftwomachinesfromHongming,itsChineseprincipal.

• MototechSystemssharedthenewsofsellingScodixUltraProDigitalEnhancementPresswithFoilStationtoUnitedMulticlourPrinters(P)Ltd.

• AmpleGraphics sold FullyAutomaticDry LaminationMachine,WindowPatchingMachineandSemi-automaticRigidBoxMakingMachine.

• MemoryReproSystems(P)Ltd.soldthreeofitsmachinesfromtherangeofautomaticthermallaminationmachineandautomaticplatecleaningmachine,whichtheyweredisplayingattheevent.

• KadamDigitalTranscripts(P)Ltd.orderedHPIndigo1200press.

• APLMachinery (P)Ltd.bookedorders forSmartCoaterandSmartCoater+attheevent.

• VijayaGrafiks sold its high speedAutomatic Carton FolderGluer.

• GayathriMachineries received several orders of itsHonnorExactPlusMulti-headWireStitchingMachineandCitoborma111PaperDrillingMachines

• ArrowDigitalsolditsVutekGS3250LXProFlatbedPrinter

• SodhisonsMechnaicalWorks sold twoof its FinishingMachinesincludingSMW1080DoubleHeadAutomaticStripingMachineandKMM1050HighSpeedAutomaticMultiFunctionDryLaminatingMachine

• IndoPolyMachinesCorporationannouncedthesaleofitsPolymasterMachine.

• Five Star PrintingMachinery sold aMulti-purposePunchingMachine and a Saddle Stitcher at PamexExhibition.

Severalcompaniesreceivedseriousenquiriesandgatheredleadswhichweretoturninorderssoonaftertheevent.Theexhibitorsaswellasthevisitors,bothhadawin-winsituation.

AIFMPNEWS


Meeting & Networking Events @ Pamex 2017!

Severaleventswerealsohappeningon the sidelineswhereparallelmeetingsandconferenceswerescheduled.Startingfromtheveryfirstdayoftheexhibition,theorganisersofPamexmettheteamofJapanPrintingMachineryAssociation(JPMA)todiscussabouttheindustryprospects.ElitefromIndianprintindustryalsodiscussedabouttherisingopportunitieswiththesuppliers fromChina incloseddoorevents.AIFMP, IPAMA,Capexil, LMAIandotherbodiesused theoccasion tomeetandnetworkatthevenue.

Theexhibitors’ eveningwasorganizedat a glitteringeventwhere the prestigiousNational Awards for Excellence inPrinting(NAEP)weregivenaway.Thewinningentrieswerealsodisplayedinaspecialgalleryattheexhibition.

Exhibitors’ Speak!

Exhibitorswereoccupiedwith the steadyflowof visitorsthroughoutthefourdays.“Therehasbeenanexcellentfootfallandwehavebeenextremelybusythroughout.Wesawalot

ofqualitycrowdandthecustomerswhoareheregenuinelyforbusiness.WesoldScodixUltraProwhichisintopoflineforenhancementpressandhavegotalotleadsforit.Wearedefinitelyparticipatinginthenexteditioninabiggermannerthanthisyear.”saidMr.TejPrakashJain,ManagingDirectorof Monotech Systems Ltd.

Mr.AdamRen fromReal Star Machinery China said, “TheresultatPamexisexcellent,wehavesold5machinesalready.It’sagreatplatformasitprovidesagoodchancefortheIndianprinterstolearnaboutourmachinesandevenforusasweareexposedtoIndianmarket.”

Thevisitorswereenthralledwithremarkablelineupofdisplaysandlivedemos.

Visitors’ Comments!

“Pamexwas reallyhelpful as I found thekindofpre-presssolutionIwaslookingforalongwithsomeinterestingoffers.TheShowwashighlyinformative.”saidMr.DevendraRathorefrom Elim Enterprises.

Mr. S.Manoj from Elegant Printing Works, Bangalore,stated,“ThemainpurposetovisitPamexistoseethelatesttechnologyavailableinrigidboxandUVprintingandI’mveryhappytofindsolutionsforboth.”

Announcing Pamex 2020

Thedatesfornexteditionhavealreadybeensettledandtheindustrywilluniteagainfrom6- 9 January 2020atthesamevenueofBombayExhibitionCentre,Mumbai.

AIFMPNEWS


TocreateawarenessandtomakePrintingTimesaparticipativemouthpieceofAIFMP,anewfeaturewasintroducedlastyeartitledasYes!YourOpinionMatters!!Thisonehappenstobethefirstofthenewseason.

Acurrenttopichavingdirectorindirecteffectonthecitizenswasselectedonwhich5questionswereputforththroughe-mailonly,toAIFMPmembers,PTsubscribers,advertisersandotherprintingindustryrelatedassociationsandpersons.Obviously,answers/opinions/feedbackweretobeconveyedthroughe-mailonly.Tomakeitmoreinteresting,thePresidentofAIFMPawardforthebestOpinionwasintroduced.

Thistime,togivefrankopinionandtosharethoughts‘SomeFunny&Imaginative’wasthechosentopic.Fivequestionsweremailedandreplieswerecalledwithinsixdays–sortof‘flashmobattempt’–responsewasappreciable.Thebestsixarepresentedhere.Mostimportantlypresentinguneditedopinionstoshowhowpassionatelyeachparticipantshareshis/herthoughts.

Soherewego....butbeforethat,letusallcongratulateMr.RajasekaranKasinathnofMaduraiDistrictOffsetPrintersAssociation,thewinneroflast‘GeneralQuestionsAffectingAllofUs’contest.

J. Saravanan(JS)

Rahul S Zaware (RZ)

Rajashekhran K (RK)

TocreateawarenessandtomakePrintingTimesaparticipativemouthpieceofAIFMP,anewfeaturewasintroducedlastyear

Yes! Your Opinion Matters!!

1.Tell us your new year resolution and how do you plan to keep it?

RK -IresolvedtodevelopourNationasdevelopedcountryintheworldmapandtodevelopourPrintingindustriesbyhelpingthesmallandtinyscaleindustriestosurviveinthecurrenteconomic scenario .We shouldalsohelp thembyprovidingvaliuableknowledgeandopinionstosurviveinthecurrentscenariowhowerefightingfortheirsurvival.IalsoresolvedtostrengthenourAssociationandourFederationbyparticipatinginalltheiractivitiestodevelopourindustriestothenextlevelthisyear.

RZ - OurnewyearresolutionasaTeamwouldbetogivevalueaddedservicestoclientsandkeepbetteringourservicefactor

JS -2018,Isayearwheremydreamswillcometrue!CHAGE–Amagicalwordhasdonelotsofmiraclesineveryone’spathonitsownstyle.Butstillwecanhearsomeadvicethatweshouldchange.WeshouldacceptthatwehaveCHANGEDalotandwehavetocheckhowandwhatwehavechangednow.ThisyearIhavestartedtoputmyeffortstochangemychangetotherightpath.

RS -Mygoalfor2018istoaccomplishthegoalsof2017,whichIshouldhavedonein2016,becauseIpromisedthemin2015andplannedin2014.

VR -Formeeverydayisanewdaywithlotsofgoodthingstotakecare.

Nospecificnewyearresolutionbutintendtokeepmyselffitandhappy.

AK-Honestlydonotbelieveorfollowtheritualofnewyearresolution.

Ibelieveandfollow,doitnowratherthandoingittomorrow.

2.How did you welcome new year and with whom?

RK -IwelcomethisNewYearpositivelywithhope,smileandtrustwithmy family and friends.Also tobringprosperity,wealthandhealthtoallthepeoplearoundtheworld.LetallpeopleliveinpeaceandunityfightingPoverty,Separatismandreligiousfanatics.LetallpeoplelivewithlovesheddingtheiregosandlivepeacefullyinthisNewyear.

RZ -NewYear’seveningwasspentwiththefamily

JS - In god’sowncountry,Kerala-HadadivinedharsanatSabarimalai

RS -Itwasagreatcelebrationwithmyfamilyandfamiliesofcommonfriendsatmyresidence.


Vinod Rajpal (VR)

Rajesh Sardana (RS)

Yes! Your Opinion Matters!!

Kids,theyoungonesandmoms’&dads’allenjoyed.

VR - Itwasterriblycoldoutsidesonoquestionofoutdoorcelebrations.

Newyearwelcomewasinhomewithmyfamilyoveracupofcoffeeandcake.

AK - Nothingspecialon31stDecember.Oursisajointfamilyandwehavesomeortheothercelebrationsroundtheyear.

3. Imagine you are PM of India for a day in 2018 with full powers, what one thing you

will do?

RK - Iwillfirsttakeactionagainstcorruptionwhichisruiningoureconomyandcountry.Makeeducationasfundamentalrightsofeverycitizens.Fightagainstseparatistsandreligiousfanatics.Makinguniformcivil code to all citizens.Makingallcitizenstoabidebythelawof land.Makingpeacewithneighbouringcountriesandmakingourcountryasexampletoothercountries.

RZ - Iwilldebarthecastesystemandhavequotasbasedontheeconomiccriteria

JS - Wehavebeendividedbycountries,states,cities,districts,towns,languages,cultures(andsorrytosaythis)associations.Myfirststepwilltakeactionsonit.

RS - Iwillordertosimplifyalltaxlawsforcommonandhonestcitizensofourcountry.

This includeseasy compliance,moderate tax ratesandnoharassmentbytaxofficials.

VR -Will ask judicial system towork overtime and incontinuationtominimisependingcases.Alsowillliketoseealltypesofoffendersarepunishedheavily.

AK - CannotimaginemyselfasPM.Anyways.Myfocuswillbeon‘basiceducationtoall’.Willmakeitcompulsoryandestablishstringentcheckstoensureitisdone.

4. Experts say, 2018 will prove to be a game changer as far as Indian Printing Industry

scenario is concerned – your take.

RK - Yes.Change is inevitable.Digital is takingoverOffset.Trendischanging.Atthesametimehugeinvestmentandriskfactorsareveryhigh.Small,MediumandTinyindustrieswillbeaffectedinthissituationanditwillbeatoughconditionsfortheirsurvival.InthiscasetheseindustriesshouldcometogetherandClusterswiththehelpoftheGovernmentforsurvival.SotheIndianPrintingIndustrialscenarioischangingdrastically.Wehavetoadopttothisscenariotosurviveinthecompetition.Weshouldacceptthechangeandadopttothesituationtomoveforwardandfurther.

Tellusyournewyearresolutionandhowdoyouplantokeepit?

Ashok Kuthari (AK)


RZ - Weseethesmallrunandpackagingjobsgoingthroughabiggrowth

JS - Sure,Digitalhastakenabigshotandcouldnotimaginetherealphaseofit.Wecanseefinishingsolutionsandpostpresssolutionarenow in themainstreamofprintingandthishasreflectedthepowerofpackagingandabilitiesinit.3Dprinting,BioPrintingandsomefuturetechnologieshasenteredtherace.Couldseemanygraduates ineveryprintindustry.

RS - Possible.Withgrowingdemands,varietyofinfraprojectscomingupandallrounddevelopmentactivitiesareboundtohavepositiveimpactonprintingindustry.

VR -Yes,Idoagree.Withcombinationofhardandsmartworkprintindustryisgoingtoflyhigh.

AK - Hopefully2018willbeabetteryearthanlast2-3years.‘GameChanger’donotthinkso.

5. Finally, your feedback on recently held PAMEX 2017 in Mumbai.

RK - PAMEX2017organisedbyAIFMPwasveryexcellentandimpressivewithmanyparticipationofvariousprintingsectors.Itwaswell organised and for the first time internationalpavilionwereerectedwiththeparticipationofChineseandJapanese industries. Thumbup to theorganisers forwell

plannedarrangementsandguidingtheprintingindustriesforthefuturedevelopments.WeshouldcontinueourshowsinfuturebyupgradingtoInternationalShow.

CongratulationstoalltheOrganisersofPAMEX2017fortheirhardworkwhichmadeitagreatsuccessandamemorable.Also lotofbusinessweredone in the show. It isone stopshowtoallPrintersinIndiatoshowthefuturescenarioofOurPrintingIndustry.Itshouldcontinueincomingyearswithimprovements.

RZ -Wonderfularrayofexhibitorsthisyear….

JS -It’sSimple–“INDIANDRUPA”.PrinterswitnessedmoreinterestingfactsinPAMEX.Andmoreoverthedaysaresuperandavoidedpublictotheshow.PAMEXprovedtheunityofprintersalloverIndia.

RS –Missedduetolastmomentunforeseencircumstances.However,reportsfrommyindustryfriendswhoattendedtheshowareverypositive.Bestwishesforfutureeditions.

VR -Great show.Well organised.Verywell attendedandappreciated.

Preandpostexhibitionoperationsneedslitt lemoreattentionandcare.

AK -Attendedallfourdays.Wellorganisedexhibition.ByfarthebestIndianexhibitionIhaveattended.Keepitup!

DIRECT TAX COLLECTIONS FOR F.Y. 2017-2018 SHOW GROWTH OF 18.2% UP TO DECEMBER, 2017The provisional figures of Direct Tax collections up to December, 2017 show that net collections are atRs.6.56lakhcrorewhichis18.2%higherthanthenetcollectionsforthecorrespondingperiodoflastyear.

ThenetDirectTaxcollectionsrepresent67%ofthetotalBud-get Estimates of Direct Taxes for Financial Year (F.Y.) 2017-18(Rs.9.8 lakhcrore).Grosscollections (beforeadjusting for re-funds) have increasedby 12.6% toRs. 7.68 lakh crore duringApril to December, 2017. Refunds amounting to Rs.1.12 lakhcrorehavebeenissuedduringApriltoDecember,2017.

AnamountofRs.3.18lakhcrorehasbeenreceivedasAdvanceTax up toDecember, 2017 reflecting a growth of 12.7% overtheAdvanceTaxpaymentsofthecorrespondingperiodoflast

year.ThegrowthinCorporateIncome Tax(CIT)AdvanceTaxis10.9%andthatinPersonalIncome Tax(PIT)AdvanceTaxis21.6%.

Courtesy Business Standard


April 10th-12th，2018


NPES,USAandBMPAco-organisedthePrintBusinessOutlookConference2017inMumbai.Eminentspeakersfromacrossthe globe and our print-professional experts presented‘What’sNext?’inprintbusiness.Herearetheglimpsesoftheconferencethatwillprepareyourselfforthefutureofprint.

OnDecember16,2017, theprint-industryprofessionalsofMumbaigatheredatTheLalittounderstand What’s Next? at thePrintBusinessOutlookConferenceorganisedbyNPES,USAandBMPA.Theconferencecommencedwiththetraditionalceremonyof lightingof the lampby the representativesoftheprinters’andprintmanufacturers’associations,includingMehulA.Desai,President,BMPAandTusharDhote,President,MMS.

Blurring the lines between real and virtual

The rock star-likepresentationby theAssociateProfessorof Professional Practice at theUSEAnnenberg School ofJournalism,RobertHernandezbeganwithaquickquizanddistributionof three-dimensional viewingdevices toa fewwinners. Laterduring thepresentation, thesepeoplecouldexperiencethemagicofaugmentedreality(AR)andvirtualreality(VR)ontheirsmartphones,withtheuseofthedevice,muchlikeOculusorGoogleCardboard.“WeoftenuseARandVR interchangeably,but theyaredifferent. Theymay leadfromone to theother, but essentially theyaredifferent.”MrHernandezadds,“Boththedigitaltechnologieshelpus,thecontentdevelopers,deliveranenhancedandenvelopingexperiencetothecontentconsumer–beitthenewspaperreaderorapersonwatchingavideooravisitor toa retailspace.”Throughhispresentation,heshowcasedsomefantasticandreal-worldapplicationsofthetwotechnologies.TheTimeshassuccessfullyusedthedigitaltooltodeliveraprinted-digitalissue,whereareaderofthenewspapercouldnotonlyreadthenewsbutby takingapictureof thenews-itemvia theapplication,couldviewthevideooftheeventfeaturedinthereport.Much like Print Bulletin readers can scanQRcodesthroughthemagazinetowatchtheYouTubevideosforBMPAandMMSevents.

Consumer focus and integration of media is the next

ThepaneldiscussionledbyBMPA’simmediatepast-PresidentandtheManagingDirectorofHi-TechPrintingServicesPrivate

LimitedFaheemAgboatwalafocusedonexploringthefutureinprintfromthefourexperienceddesignprofessionalswithdistinctbackgrounds.

AccordingtoBhaikaShah,theFounderandCreativeDirectorofBeyondesign,“Printisevolving!Anddesigndisciplinesareblurring.Wearenomoregraphicorindustrialorinteractivedesigners:we are increasingly expected to design anddeliverexperienceacrossthemediums.”MsShahadds,“Thepossibilitiesinprintareendlessprovidedthedesignersandprinterstakeadvantageofthemattheopportunemoment.”Weallknowandagree,changeistheonlyconsistent,however,according toMs Shah, the key is to staywith the times,experimentandredefine.Convincedwiththepowerofprint,MsShahsays, “A littlewhileago,print changed theworld.Now,theworldischangingprint.”

Speakingof thetimeswhen theprint changed theworld,HemantRandive,VicePresidentof ProductionServices atFCBIndiasays,“Nodoubttheprint ischanging. Itmust,tokeepupwiththedemands,needsandtheaspirationsofthecontemporarybuyers.”Hesharednumerousexamplesofhowtheprint, especially the journeyofnewspaperadvertisinghasevolvedandbecomemoredynamicandinteractive.“Wehavedesignedanddeliveredfull-page,double-pageandevenadvertisementsonspecialpaper.Wehavealsodesignedanddelivered‘talking’ads,butthe nextisundoubtedlyalotmorepersonalised,”MrRandive says, “I envision thetime soonin the futurewhenyouwillreceiveyournewspaperwithyournameprinted on itand thenews itemsfeatured accordingto your preferenceand liking.” Surelytodaythisfuturemay

Robert Hernandez says that augmented reality is here to

stay, and that is the future for print because together

they deliver an enhanced content experience.

‘NEXT’ IS INTEGRATION AND COLLABORATIONAFFILIATENEWS


seemdistant,but ifweglanced through the rapidpaceofchangeinprintinonegenerationofaprintprofessional,likeMrRandivehimself,hispredictionseemsallthemorelikelyandsoon.

CEO, Co-founder andChief CreativeOfficerof Fractal InkDesignStudioTanayKumaradmits,“Asmuchas90%ofourcompany’srevenuecomesfromthedigitalmedia,notprint.”He,however,underlinesthefactthatprintplaysanintegralpartofthedesignthoughtprocessathisdesignstudiowhiledeliveringexperientialdesignstotheclientsandultimatelytheendcustomers.“Eversoincreasinglythefinalexperiencetotheenduserortheconsumerisbecomingimportantandfocusonallthedesigneffortsintheindustry.Thoughdigitalisthepreferredmedium,theprintcompletestheexperienceaccordingtoalotofourclients.”

Inking a different ink

Perhapsthemostexcitingandcuriosity-invokingpresentationoftheconferencewasbyNikhilKaushik,Co-founderofGravikyLabs,who,amongother innovations,canturnairpollutionintoprinterinks.“Ifwehavetochangethepollutionlevelsinourcities,weshallhavetostartfrombottomup.Wecannottakecarsoffthestreets,wecan,however,stopthemfrompolluting.”MrKaushikexplains, “Airpollution in the citiesis largelycontributedbyvehiculartraffic,andit isprimarilycarbon.Wethoughtofcapturingallthecarbontoturnitintoinksowecouldnotonlydealwithpollutionbutturnitintosomethingweallneed.”

Through thedevelopmentprocess, themindsbehind theinnovationnotonlydevelopedasuccessfulproductprototypebutwonmanyaccolades.Moreinterestingly,theyhavewonmanyhearts–todayGravikyLabs’AirInkhasspreadover45countriesand1,000usersacrosstheworld.

Standardised lighting and viewing conditions are immensely crucial for accurate colour reproduction, from design to final product, through

print production. Image: GTI Graphic Technology

A new way of doing business

Insisting on the need for automation in print to driveefficienciesand therebyprofitability in the rapidly shiftingmarket to shorter print runs, RaymondDuval, Director,UltimateTechnoGraphicssharedthecaseofphotoandphoto-bookmarket.“Intheworldofdigitalandshort-runprints,onlyautomationwillhelpusscaleourprintoperationstoensureprofitability.Whatcandrivesmalleryetmultiplejobsadayis complete automationof theprocess fromweb-to-printandevenlogistics.”MrDuvalsays,“manualprocessesmakeitalmostimpossibleforhundredsofsuchprintstoturnintocorrectphoto-books,deliveredtothecorrectpeopleintheshortestpossibletime,andthemostefficientwaypossible.A simple barcode or a complete backward and forwardintegrationof theprocess ensuresdeliveryof the correctproducttoitsrightfulcustomer.”

Theconferenceunderlinedmanythingsabouttheprintanditsfuture.Themostimportantly,however,ithelpedtheaudienceunderstandthatkeepingintouchwiththechangingcustomerdemandsanddeliveringtheproductsthatmeetandexceedthecustomerdemandsisthesure-shotwaytomakeyourbusinessfuture-ready.Theconferencealsounderlinedthefactthatprintischanging,notdying,andonemustkeepexperimentingandevolvingwiththechangingtimestobeapartofthefutureofprint.Thesimplemantrareally,ifthereisanytounderstandthefutureofprint is ‘challengethechangewithinnovationandcollaborationtoexploreandshapethefuture.’

Duringthe2017PrintBusinessOutlookConferenceonDecember16,2017atHotelLalit,Mumbai.

AIFMP,NPESandIPAMAjointlyhonouredandawardedLateMrVNChhabrathe‘LifetimeAchievementAward’.TheawardwasreceivedbyMrsRamiChhabra,wifeoflateMrVNChhabra.

LIFETIME ACHIEVEMENT AWARD


AFFILIATENEWS

5TH MEGA EVENT – PRINTERS CONCLAVEA Lucknow Printers’ association initiative

Lucknow Printers’ Association’s 5thMega Event, ThePrinters’ Conclave,which took place on 18thNovember2017atChancellorClubinLucknowwasonceagainagrandsuccesswith high-spirited teamwork among theprinters’community,felicitationsofexemplarycontributionstotheprinting industry and the society and knowledge sharing.Attendedbymorethan400delegatesfromdifferentpartsofthecountryandmajorlytheprintersfromallacrossUttarPradesh.TheMegaEventwasstartedintheyear2013andhasbeen successful in achieving the goal of bringing theprinting fraternity togetherononecommonplatformandfelicitations of printerswho are regularly taking up thechallengesof theprinting industrywere felicitated in theUnsungHeroes-printerscategoriesandlastyearanotheradditiontotheseawardswasintroducedasHeroesofthesocietyawards.Theconclavewasinstrumentalnotonlyinimprovingcommunicationsamonglocalprinter’sassociationswithinthestateofUttarPradeshbutbeyond.

TheChiefGuestoftheeventwasRitaBahugunaJoshi,cabinetministerofUttarPradesh.Joshiexpressedherconcernabouttheslowdown in theprinting industryandvolunteered tomeetthemembersofLPAtohelpovercomethechallenges

andgrowthpangsfacedbytheprintersincurrentsituation.TheguestofhonourwasShriArvindMardikar,Hon.Generalsecretary,AIFMP. The special inviteesof the event were Shri ManvinderSingh,VP-North&Shri Ravi Joshi, VP-Westboth formAIFMPand ShriA. K.Bajpai,Asstt.Director,MSME.

Anewawardscategorywasintroducedthis year named as the PRINTRATNAawards.This awardwas tobe given tothepeoplewhoweredoingexemplaryworkinthefieldofprintingeducation.Dr. (Prof.) Rajendrakumar Anayath,vice-chancellor of DCRUniversity ofScienceandTechnology,Sonepat,who

receivedthefirstPrintRatnaAwardattheevent,gavequiteaninspiringlecturewhichgotagreatroundofapplausefromthe audience. In his lecture, Anayath sharedhis strugglespeakinginEnglishintheinitialdaysandhowhenotonlyovercameitbutwentontomastersevenotherlanguages.Heevenencouragedtheyounggenerationtopursuehighereducation inprinting technology.ThesecondreceipentoftheprestigiousPrintRatnaAwardwasDr.AnjanKumarBaral,HOD–departmentofprinting,GuruJambeshwarUniversity,Hissar,Haryana.

TheotherawardsannouncedattheeventwereHeroesoftheSocietyAward,YoungAchieverAwardandUnsungHeroesAwards.TheUnsungHeroesAwardshadtwocategories–onefortheprintersandtheotherfortheheroesofthesociety.Theprinterscategoryof theUnsungHeroeshadauniqueformofnominationandcamefromallprintingassociationsofUP.“Forthisaward,theLPAnominatesthepersonwhoisdoingexemplaryworkforthesocietyselflessly.Therefore,LPAteamhas takenup thischallenge to felicitateandgetthegoodworknoticedbyallandfurthermotivateotherstofollowthesuite.


AFFILIATENEWS

AshishBhutanireceivedtheYoungAchieverAward.Theeventalso saw the release of PRINTNEWS, the special editionmagazineofLPA.

RepresentativesfromotherbusinessassociationsincludedSanjayGupta,statepresident,Mohd.Afzal–statetreasurerand Sanjay Trevedi – general secretary ofUttar PradeshAdarshVyaparMandal,Lucknow;MilitGaur–statepresident,PrinceKansal–nationalgeneralsecretaryandNavedAhmed– state general secretary of Industries& TraderWelfareAssociation;andSandeepAhuja–vicepresident,North,AllIndiaBreadManufacturersAssociation.

ThemainsponsoroftheeventwasBhutaniInfra,aNoida-based real estate company. The co-sponsorsweremutualinvestment companyDFMS; SaarthakVanijya India,whichdealsinpaper;andPamex.REDFMwastheeventorganizerandRJ TUSHARE fromRed FMhosted the awards givingceremony. THE PRINTWEEK,THE PACKMAN AND THEPRESSIDEASwerethemediapartnersoftheevent.

Mohit Bhargawa (nominated by Allahabad Printers’Association)of BhargawaPress, Sunil Tandon (nominatedby Kanpur Printers’ Association) ofMayur printers, ArunKumarJainofPratibhaPress&Multimedia,VishalRastogiof Vishal Papers received theUnsungHeroes Awards inthePrintersCategory.SudhaSinghChauhanofTradeMaxPrintersreceivedtheSpecialUnsungHeroesAward inthefemalecategory.

FELICITATIONS FOR VICE PRESIDENT (N) AND HON TREASURER OF AIFMPOffset Printers Association (OPA) felicitated the recentlyelectedVicePresident(North)andHon.TreasurerofAIFMPfortheyear2017-18.Representing250,000printersofIndia,AllIndiaFederationofMasterPrinters(AIFMP)isworld’slargestprintersassociation.AIFMPelects itsmanagingbodyeveryyearfromamongsttheeligibleGoverningCouncilmembers.

During64thAnnualmeetingofAIFMPheldduringSeptember2017, at Amritsar,Mr.Maninder Singh is elected asVicePresident(North)andMr.AshwaniGuptaastheHonTreasurer.TomarktheirfirstvisittothecityafterelectingofficebearersofAIFMP,OffsetPrintersAssociationarrangedthefelicitationceremonyforthetwo.Thefelicitationwassolemnizedinthepresenceofprintleadersofdifferentprintersassociationsof15citiesfromnorthernIndia.

Speakingontheoccasion,Mr.ManinderSinghemphasisedonnetworkingandrequestedtheprinterstowritetoAIFMPabouttheirproblemsandrequirements.HeassuredtovisiteachandeveryaffiliateassociationofnorthIndiaduringhistenuresoastoknowandunderstandtheirmiseries.

BeingthefinancialheadofAIFMP,Mr.AshwaniGuptaassuredfor the soundfinancial statusof the largestprintersbody.

Mr.Gupta said I am thankful to theprinters for givingmechance to serve.AIFMP is serving theprintersof India formorethan65yearsandistheapexbodyofIndianprintingindustry.HeinvitedalltheassociationstoaffiliatewithAIFMPsoastobuildgreaternetworkandfortheoverallgrowthoftheprintersoftheregion.

Mr.ManinderSinghandMr.AshwaniGuptawerefelicitatedbyMr. ParveenAggarwal PresidentOPAandMr. SubhashChanderFormerPresidentAIFMPduringasimplebutglitteringceremonyatLudhianarecently.


OPA CALENDAR RELEASED

TheofficialcalendarofOPAfortheyear2018wasreleasedjointlybyShriSubhashChander,FormerPresidentAIFMP,Mr.ManinderSingh,VicePresident(N)AIFMP,Mr.AshwaniGuptaHonTreasurerAIFMP,Mr.ParveenAggarwal,PresidentandMr.KamalChopraGeneralSecretaryOPAduringasimplebutglitteringceremony.

ThecalendarwaspresentedbyMr.KushlKumarJain,ProjectInchargeandsaidbeforereleaseofthecalendarIwish to thank theadvertisersandcontributors.HerequestedMr.ParveenAggarwal,Presidenttopresent‘Siropa’,FruitBasketandMementotothecontributorsand invited theadvertisersonebyone to thedais. Mr.Jainsaid,startingfrom2007theOPAcalendarisnotonlytheannualfeature,buthasbecomethecrazeforthemembers,theirfamiliesandotherprintersandisknownasthe‘PrintersJantri’.MrJainadded”Iamthankfulforthecooperationgivenbythecontributorswithoutwhichtheprojectwasnotachievable”.

Thistimethecalendarwasreleasedinthepresenceofprint leadersof16differentprinters associations from15citiesofnorthernpartofthecountry.Besidesdatesandregularholidays the calendar carry thedetails about theprinters’eventanywhereintheworld.

FELICITATION FUNCTION AT SALEMSalemDistrictOffsetPrintersAssociationconductedthefelicitationfunctionfortheNewly electedoffice bearers of AIFMP,NewDelhion9December2017,Saturdayat Salem. SriAMSGAshokan,President,Mr.O.Venugopal,VicePresident(South),Mr.ArvindB.Mardikar,Hon.Gen.Secretarywere felicitated byMr. A. Karmeham,Imm.Past President, Salem,Mr. J. ArulCholan, Dy.WorksManager, Govt. Br.Press, Salem.OurAssociation submittedtheMemorandum to AIFMP SecretaryMr.ArvindB.Mardikarand toPresidentAMSGAshokanregardingGSTProblems.OtherAssociationsofTamilnaduMPLA,Chennai,Arcot,Karur,Dindigul,Pollachi,Erode, Kanchipuram, Kanchipuram (East), Tiruvannamalai,Tiruchengodu,Kumarapalayamareparticipated&felicitated.The functionwas arranged in a grandmanner by Salem

DistrictOffsetPrintersAssociationofficebearersMr.V.MuthuGopalakrishnan,Mr. K.M. SampathKumar,Mr. P. PrasannaVenkatesan,Mr. S. Srinivasan,Mr. T. Srinivasan,Mr. K.N.PrabakaranandallECMembersoftheAssociation.Thefunctionfollowedwithdeliciouslunch.

AFFILIATENEWS


PPL 2017 : PUNE WINS. PRINTERS BONDOnDecember 23, 2017, seven teamsof printers andprintprofessionalsfromMumbaiandPunebattledforthetrophyofthePrintersPremierLeague(PPL)2017,acarnivalofcricket,organisedbyBMPAandMMSsupportedbyToyoInkIndia.AteamofprintersandprintprofessionalsfromPunePressOwners’AssociationparticipatedasTeamOrangeinPPLforthefirsttime.TheteamwonheartswiththeircricketandetchedtheirnameaswinnersonthePPLtrophyinitssecondavatar.

“My friendswere surprised to seemeon the pitch in the

morning just a day after concluding the largest print tradeshowof India.” TusharDhote, President ofMMS and the Chairperson of Print 2017, adds, “I am sure the cricket, the gathering of friends, the spirit of sports energisedme after coordinating the gigantic effort of organising the Pamex2017.”MrDhoteplayedintheTeamGenatPPL2017

PPL’ssuccessintheshortspanoftwoyearunderlineshowthiscarnivalofcrickethasbeenabletobringthefriendsfromtheprintindustrytogether.

Alongwith some office bearers of DPA, its formerPresidentsMr.MukeshKaushikandMr.SunilJainhadmettheMayorofEastDelhiMunicipalCorporationMrs.NeemaBhagatonNovember25,2017toseekherinterventioninthesealingdrivebeingconductedbytheCorporationinVishwasNagararea.ThemayorwasintimatedthatDelhiPrinters’Associationhadbeendemandingreinstatementof printingpresses fromOrange toGreen category asthepressesdonot create anypollution. Shewas alsorequestedtoaskEDMCtostart issuing factory licencestoprintingunitsrunning inherarea.HerattentionwasalsodrawntotheSupremeCourtorderdated7thMay2004whichstates that industrialunitsestablishedonlyafter1.8.1990shouldbecloseddown.ThemayorheardDPA’spetitionsympatheticallyandassuredallhelptotheprintingunits.

DELHI PRINTERS ASSOCITIONRELOCATION OF INDUSTRIES IN DELHI:

65thAnnualGeneralBodymeetingofourAssociationwasheldon27thNovember2017atBeverlyHotel. AnewteamofOfficeBearersandExecutiveCommitteememberswereelectedfortheyear2017-19:

PRESIDENTHONY.SECRETARY

PRESIDENT : Mr.G.N.VisvakumarVICEPRESIDENT : MrK.RajendranVICEPRESIDENT : Mr.I.MohammedNasserHONY.SECRETARY : Mr.R.AnbalaganHONY.TREASURER : Mr.JollyPeterHONY.Jt.SECY : Mr.S.Krishnakumar

NEW OFFICE BEARERS OF MPLA FOR THE YEAR 2017-19

AFFILIATENEWS


J&K OFFSET PRINTERS ASSOCIATION (REGD.) RELEASES CALENDAR FOR THE YEAR 2018Amega Functionwas organised by J&KOffset PrintersAssociation(Regd.)atHotelRadissonBlu,NarwalJammuheretoday to release itsAnnualCalendar for theYear2018.Thefunctionwasfollowedby15thGeneralBodymeetingoftheassociation.Tostartwith, theseniormembersenlightenedthetraditionallamp.

Then theannual calendarwas formally releasedbySeniorMembersoftheassociation inpresenceof largegathering.Speaking on the occasion Sh. Ravi Gupta President ofthe Association thanked theworthymembers for theirparticipation.HehighlightedthedifficultiesbeingfacedbythePrintersandvowedtofightwiththeconcerneddepartmentsbytakingtheirconcernswithauthorities.

Ontheoccasion,JKOPAhadmadearrangementsfordisplayof latestDigitalMachineswith the support of twomajorcompaniesRISOandXEROX.Allthememberswereapprisedofthelatesttechnologiesandupdatesbythevendors.ThehighlightoftheshowwasdifferentluckyDrawswhichwerekept for themembers includingPunctuality awardswhichweredistributed.

Theassociation for thefirsttime introduced two lifetimeachievementawardsforthePrinters.ThetwoseniorMemberswhowereconferredwith theawardswereSh Dharam Pal NandaofM/SRaghavTradingCorporationandSh. Rattan Lal of M/S M.K EnterprisesfortheircontributiontothePrintingIndustry.Rahul MahajanGen.Secretaryof theAssociation

readthefelicitationsofboththeawardeesandinformedthehouseabouttheirachievements.

OneofthesponsorSh Anoop Wadhera whodeals inGlassPrinting displayed his Glass Printing technology on theoccasion.

The functionwaswell organisedandone toonemeetingwas organised between different vendors, suppliers andPrinters.Themembersalsosharedtheirviewsandtooklotofinformation.TheSponsorsoftheshowalongwithassociationmembers andHotelManagementwere felicitatedwithpresentingMufflersandMementoes.

ThePresidentspeciallythankedthemembersofOrganisingCommitteecomprisingofSh Sudesh Gupta (Sr.VicePresident),Sh. Sharat Sharma (Vice President), Sh Rahul Mahajan (Gen.Secretary),Sh Rajneesh Koushal(Secretary),Sh Sanjay Soni (FinanceSecretary),Sh Satish Raina(JointSecretary)and Sh Avnish Anand (Ex FinanceSecretary)Healso informedthehousethathowhisteamtookthepainandorganisedthefunctionwithinnotimeandhonouredthembydistributinggifts.

ShSanjaySoni actedas stage secretaryandcompered thefunction.LastlySh.SudeshGuptaSr.VicePresidentthankedalltheSponsorswhohavecontributedfromthecoreoftheirheartformakingthefunctionagrandsuccess.Healsothankedthemembersofassociationandorganisingcommitteeforputtingtheirheartandsoultomakethefunctionareality.

AFFILIATENEWS


SOUVENIR RELEASED

AsararegestureOffsetPrintersAssociation(OPA)publishedthe Glimpse of 64th AGM and 237th Governing CouncilMeetingofAIFMP.This108pageshardboundvolumecarriesthephotographsof the recently concludedannual generalbodymeetingoftheAllIndiaFederationofMasterPrinters(AIFMP).TheAGMwasorganizedbyOPAinassociationwithall the affiliate associations of Punjab atAmritsar during September2017.

This volumewas released jointly by thePresidents of 16printersassociationsofPunjab,DelhiandJammu&KashmirduringasimplebutglitteringceremonyatLudhiana.SpeakingontheoccasionMr.SubhashChander,FormerPresidentofAIFMPsaid, it is for thefirsttimeeverthatsuchaneffortsismade to keepafresh thememoriesof themeeting.HeappreciatedtheideaofOPAandsaidthatotherassociationsmay takea cue. Itwill becomea collector’s itembecausewithoutthisbook,suchrecordmayvanishwiththepassageoftime.AppreciatingtheactivitiesofOPA,Mr.SubhashChandercongratulatedtheteamOPAfortheirnovelideasandbrilliant

execution.Copiesofthissouvenirmaybecirculatedtoalltheaffiliates,hesuggested.

GivingdetailsoftheAGM,Prof.KamalChoprasaid,thosewerethememorablefourdaysandprintersassociationsfromalloverthePunjabwereunitedtowelcometheGC/GBmembersandtheirfamilies.ItisforthefirsttimeeverinthehistoryofAIFMPthatrecordnumberof325delegates,alongwiththeirfamilies,reachedAmritsaronthecallgivenbyOPA.Theeventclickstartedon17thSeptemberwithPAMEXroadshowfollowedwithpressconference.Beforethescheduledmeetingdaysi.e.19and20SeptemberdelegatesweredelightedtovisitGoldenTempleandWagahBorderon18thofSeptember.Thebookisdividedin4partscoveringtheglimpseofeachday.

PROF. KAMAL CHOPRA DELIVERED KEY NOTE SPEECH AT JADAVPUR UNIVERSITYDepartmentofPrintingEngineering,JadavpurUniversity,Kolkataorganised‘PRINTVIZON’–anationallevelseminarfor the advancements, developments, opportunities inPrintingTechnologies.Thecolourful2days seminarwasorganizedbythestudentswhichremainedagrandsuccess.

D e l i v e r i n g his Key-Noteaddress, Prof.KamalChopra,empha s i s edthe need forquality printe d u c a t i o n .Motivating thestudentsforadoptingprintingasacareerProf.Choprasaid,“Printingisthesecondlargestindustryoftheworldandisthebiggestinventionofthemankindtilldate.Printingisthemotherofallrevolutionandthehistoryofprintingisthehistoryofcivilizationitself.Printingliterallytoucheseveryhuman’slifelikenoneother.

Printinghesaid,hasanunequalledhistoryofstrength–andbelievability.Ithasthepowertoshapeideasandinfluenceaction. It is important tonote in today’sworldofsound

bites–offleetingimpres s i ons –o f here todaygone tomorrowmessages thatpr int lasts . Noone shouldeveryunderest imatethis power. You

all know the gloriouspast of this industryand there isbound tobe apromising futurein this profession. Soyouareinawonderfulprofession and youmust feelproud tobeaprinter.

W e l c o m i n g t h estudentstoPrintWorld,Prof.Chopradiscussedthe printingwith thestudents one by oneandalsoawardedcertificatestotheparticipatingstudentsatthevaliditysession.

34 Printing Times November & December 2017

Prof. Kamal Chopra delivered Key Note Speech at Jadavpur University

Department of Printing Engineering, Jadavpur University, Kolkata organised ‘PRINTVIZON’ – a national lev-el seminar for the advancements, developments, opportunities in Printing Technologies. The colourful 2 days seminar was organized by the students which remained a grand success. Delivering his Key-Note address, Prof. Kamal Chopra,emphasised the need for quality print education. Motivating the students for adopting printing as a career Prof. Chopra said, “Printing is the second largest industry of the world and is the biggest invention of the mankind till date. Printing is the mother of all rev-olution and the history of printing is the history of civilization itself. Printing literally touches every human’s life like none other. Printing he said, has an unequalled history of strength – and believability. It has the power to shape ideas and influence action. It is important to note in today’s world of sound bites – of fleeting impressions – of here today gone tomorrow messages that print lasts. No one should every underestimate this power. You all know the glorious past of this industry and there is bound to be a promising future in this profession. So you are in a wonderful profession and you must feel proud to be a printer.

Welcoming the students to Print World, Prof. Chopra discussed the printing with the students one by one and also awarded certificates to the participating students at the validity session.









AFFILIATENEWS


FOODFORTHOUGHT

AmongstthetermOEMapprovals,what ismostcommonlyexpectedistheFOGRAapproval.Itisanexperienceofgraphicartschemicalmanufacturerthatmoreandmorepressownersandoperatorsareaskingforpressroomconsumableproductsthatare‘OEMapproved’.Howeverthereseemstobesomemisinformationandmisunderstandinginunderstandingwhatitis.

Thisarticleaimstodeconstructthemythsthatsurroundthissubjectbypresentingthefacts.ThesamehavebeencollatedbyTechNova’schemicalbusiness’stechnologyconsultantChrisSearle.

TheFograapprovalisrequirementfor‘bigthree’Germanpressmanufacturers,namelyHeidelberg,MANRolandandKBA.Thisalsomeansthat,pressesofKomori,Mitsubishi,Ryobietc.donotaskforapprovedchemistrytobeusedontheirmachines.

TheyhaveacontractresearchinstituteinGermanytocarryouttestsondampeningadditivesandpresswashes.

Thesaidtestsaretoquantifytheeffectsthatfountsandwasheshaveoncertainmetalsandelastomersusedintheconstructionofthepressesanddampeningsystems.

Fount testing specs:Thetestsareagainsttwoalloysofsteelandnickeltoensurethatlevels/paceofcorrosionarelessthanaspecificationgivenbythepressmanufacturers.

Wash testing specs (cold-set):Itistestedforeffectsofwashon the elastomers used in the constructionof inking anddampeningsystemaswellasvarioussealsandvalves.Solventproducthavelessthan0.1%ofaromatichydrocarbonsandaflashpointofgreaterthan61degC.

Wash testing specs (heat-set): Here, all above is relevantand inadditiontheexplosive limitshavetobewithinasetspecificationalso.

Conclusion: OEMapprovallooksatthesingleaspectofrateofcorrosionandimpactonrubberandelastomers.Whatitdoesnotguaranteeorevenfactorinis:

1)Product performance, for example cleaning power orlithographicproperties

2)Lowodourorirritancy

3)Lowenvironmentalimpact

If,aftertesting,theindependenttesterfindsthatthechemistryconformstothepressmanufacturersspecificationsthentheyinform thepressmanufacturerswho then issue approvalcertificates.

Thereforethetermusedis‘OEM’,whichstandsforOriginalEquipmentManufacturer,which in this instance refers totheGermanpressmanufacturersforitistheywhoissuetheapprovals.

Is it only FOGRA that does this job? No.Therearemanypressroomconsumablemanufacturerswhoenjoy the statusof ‘self-certification’,which is, if theyhavethecorrecttestingequipmentandmethodologiesaslaiddownbythepressmanufacturerstheycancarryoutthetestsin-houseandself-certify.

Amajor issue facing this systemofapprovals is thateveryyearorsothepressmanufacturerstendtoamend(generallytighten)thespecifications-butnotretrospectively.Thismeansthatproductswhichwereapprovedyearsagoremainontheapprovedlisteventhoughtheywouldnotgetapprovaltoday.TheOEMsand the testing institutesareawareof this andhavebeenconsideringreapprovingofallcurrentlyapprovedproducts by 2016, however this presents an enormouslogisticalproblemforthetestinginstitutes.Aproblemthatisyettoberesolved.

In the recentpastTechNovahas installedcorrosion testingequipment’s in its state-of-the-art lab.Theseare the samemachinesusedbyinstitutionslikeFograandothers.Withthis,theareaofproductdevelopmentinIndiaisslatedtobecomeuptherewiththebestintheworld.

WHATS ALL THE FUSS ABOUT OEM APPROVALS?

Avinash Kawadkar

TheauthorisprintingtechnologydiplomaholderfromGovt.Inst.ofPrintingTechnologyMumbai’s1984batch.HehasworkedinoverseasmarketslikeSouthAfricaandafterthatforlastovertwoandhalfdecadeshasbeenworkingwithTechNovaImagingSystemsPLtdindifferentfocussedareas.Hekeepsonsupportingexportsmarketswithtechnical inputs.CurrentlyheheadsthechemicalbusinessasCOO.


NOTIFICATIONS,RULES&REGULATIONS

ONE HUNDRED AND THIRTY-NINTH REPORT ON ‘IMPACT OF GOODS AND SERVICES TAX (GST) ON EXPORTS’TheDepartmentRelatedParliamentaryStandingCommitteeonCommerce,undertheChairmanshipofShriNareshGujral,MP,RajyaSabhapresentedtheOneHundredandThirty-NinthReporton‘ImpactofGoodsandServicesTax(GST)onExports’totheRajyaSabhaon19thDecember,2017.TheReporthassimultaneouslyalsobeenlaidontheTableofLokSabha.ThefullReport isavailableon thewebsitewww.rajyasabha.nic.in.GistofmainrecommendationsoftheCommitteeisgivenbelow:-

REFUND MECHANISM UNDER GST

TheCommitteenotesthatrefundshasstartedtotrickleonlyfrom themonth ofNovember, 2017 and the interveningperiodoffourmonthsfromJulytoOctober,2017hasbeenextremelytryingfortheexporters.Thesignificanttimelaginprovidingrefundshassupposedlyerodedthecompetitivenessofexportersbyaround1.2percentto2percent.Itisfeltthatifthestuckupcapitalreachesafigureof2025percentoftheworkingcapitalthenitwillresultinasteepdownwardspiralofourexports.(Para2.8)

TheCommitteenotes severaloperational issuesexisting intherefundmechanismmakingtherefund‘proceduretardyand cumbersome. TheCommittee feels that the optimalfunctioningof refundmechanism in theGST regime is ofutmostimportancetoensuresmoothfunctioningofexports.(Para2.15)

The refundsarebeingdisallowedon slightestpretext. TheCommitteeappreciatesthatduediligenceissinequanonforgrantingrefundsbutthiscannotbeoverplayedinasmuchasthatonecannotseethewoodforthetrees.(Para2.16)

TheCommitteedesiresthataformalmechanismforgrievanceredressalofexportersmustbeputinplace.Itisoftheviewthatadedicatedoffice/unitmaybeestablishedforcontinuousinteractionwithexportersandactasasinglewindowfortheirgrievanceredressal.(Para2.23)

DUTY DRAWBACK SCHEME (DBK) AND REBATE OF STATE LEVIES (ROSL)

TheCommitteefindsthatthenewDrawbackandROSLrates(posttransition,effectivefrom1stOctober2017)arelowandnotrealistic.Theydonotcapturethevariousblockedtaxesthatreducethecostcompetitivenessofvariouslabourintensiveindustries.(Para4.4)

TheCommittee is of the consideredopinion that suddenwithdrawalof the incentivesextendedearlier underDutyDrawbackSchemewillleadtothecollapseoflabourintensiveindustries.Thiswillhaveacascadingeffectonemploymentandlivelihoodofpoorworkersintheseindustries.(Para4.7)

TheCommitteerecommendsthattheDepartmentofRevenue,MinistryofFinanceextendthepre-GSTDutyDrawbackratestill301”June,2018ortillsuchtimetheDepartmentworksoutthereviseddutydrawbackrates.(Para4.8)

TheCommitteerecommends that theGovernmentprovideforadutydrawbackratewhichwouldencompassallthetaxesincludingtheGST/IGSTleviedaswellasembedded/blockedtaxandgiveachoicetotheexporterstoeitherclaimtheDutyDrawbackorfollowtheInputTaxCreditroute.ThiswillalsoreleasethepressureonGSTN.(Para4.9)

DUTY CREDIT SCRIPS

TheCommittee strongly recommends that theduty creditscripsmaybepermitted for payment ofGST in domesticprocurementsandthepaymentofIGSTonexportsandimportsofgoodsandservices.(Para5.3)

REFUNDS ON CAPITAL ASSETS/GOODS RELATABLE TO EXPORTS

AbsenceofenablingprovisionresultingindenialofcreditofCountervailingDuty(CVD)andSpecialAdditionalDuty(SAD)incaseofnon-fulfillmentofexportobligationmaybeaddressedonpriority.(Para6.5).

MERCHANT EXPORTERS

TheCommitteefeels that in thecasesof ‘HighSeasTrade’,wherethegoodsneverenterIndiaandaredirectlydeliveredtothecustomersoutside Indiaon instructionof the Indiansupplier,itwouldbepreferablethatsuchtransactionsarekeptoutsidethepurviewofGSTinIndia.(Para9.9)

REVERSE CHARGE MECHANISM AND EXPORTS

TheCommitteeisoftheviewthatinordertohavehasslefreeexportsaswellastogiveboosttosmallenterprises,reversechargemechanismmayberemovedonapermanentbasisintheprocurementmadeinrelationtoexportactivity.(Para10.2)

GST ON JOB WORK

SincetheGSTonjobworkforexportsisrevenue-neutral,theCommitteeisoftheconsideredopinionthatnoGSTmaybeimposedonjobworkforexports.TheCommitteeunderstandsthat theremaybeconcerns that itwillbedifficult tokeepa trackon suchproducts that theydonotenterdomesticmarket.Totacklesuchasituation,theCommitteefeelsthattheGovernmentmayprovideforcriminalpenaltyforanysuchbreach.(Para11.2)

GST ON FREIGHT

GSTonexport freightsthroughair,seaandrailwaymaybeexemptedorrationalized.(Para12.2)


NOTIFICATIONS,RULES&REGULATIONS

EXPORT OF SERVICES

TheCommittee desires that theGovernmentmay revisitsection2(6) of the IGSTAct andensure that transactionsbetweentheHeadOfficeanditsbranchesmaybekeptoutofitsambit.(Para14.4)

PLACE OF SUPPLY OF SERVICES

TheGovernmentmaycauseamendmenttosection13(8)oftheIGSTActtoexclude`intermediary’servicesandmakeitsubjecttothedefaultsection13(2)sothatthebenefitofexportofserviceswouldbeavailable.(Para15.3)

CONCLUSION

TheCommitteefeelsthatGSTNdidnotgetenoughtimefortesting.Eventhetraininggiventotheofficersongroundon

issueslikeLetterofUndertaking(LUT)andrelatedmattershasnotbeenadequate.(Para17.1)

TheCommitteefeelsthatifthetaxesaretobefinallyrefundedthenwhatistheneedtoputtheexporterstotherigmaroleofpayingtaxesandtakingitsrefundortakingrefundofunutilizedinputtaxcredit.Ithasbeenexperiencedthatitiseasytopaytaxbutitisverydifficulttogetarefund.TheCommitteefeelsthatasystemmaybedevisedtoensurethattheprocurement/manufacture for export purposemay be exempted fromtaxationsystem.(Para17.2)

TheCommittee iscertainthattheGovernmentwill takeallcorrectivemeasuresinthepresenttaxationsystemtoensureasustainedgrowthtrajectoryofourexports.(Para17.4)

GST: E-WAY BILL SYSTEM TO BE IMPLEMENTED FROM FEB 1TheGSTprovisionrequiringtransporterstocarryanelectronicwaybillore-waybillwhenmovinggoodsbetweenstateswillbeimplementedfromFebruary1tocheckrampanttaxevasionandboostrevenuesbyupto20percent.Afterimplementationof the Goods and Services Tax (GST) from July 1, therequirementofcarryinge-waybillwaspostponedpendingITnetworkreadiness.Thiswasdoneeveninthe17stateswhichinthepre-GSTerahadawellestablishedelectronicchallanore-waybillsystem,atopgovernmentofficialsaid.

Earlier,taxevasionwasrampantassomepreferrednottopaytaxbyresortingtocashdealing.Oncethee-waybillsystemisimplemented,taxavoidancewillbecomeextremelydifficultasthegovernmentwillhavedetailsofallgoodsabovethevalueofRs.50,000movedandcanspotthemismatchifeitherthesupplierorthepurchaserdoesnotfiletaxreturns,hesaid.

Theall-powerfulGSTCouncilhadonDecember16decidedtoimplementthee-waybillmechanismthroughoutthecountrybyJune1.

Theofficialsaide-waybillforinter-statemovementswillbeimplementedfromFebruary1andforintra-statemovementfromJune1.Theofficialsaidstateshavebeengiventheoptionof choosingwhen theywant to implement the intra-statee-waybillbetweenFebruary1andJune1.

Theyhavealsobeengiventheoptiontoexemptmovementof goodswithin10-km radius,he said, addingall essentialgoodshavebeenexemptedfromtherequirementofcarryinge-waybill.

Besidespluggingtaxevasion,thee-waybillwillboostrevenuesby15-20percent,hesaid.“Theexperienceofstateswhichhade-waybillsysteminpre-GSTerashoweda15-20percentriseinrevenue,”hesaid.

Theofficialsaidapilotofe-waybillhasbeensuccessfullyruninKarnatakaand the IT system is fullygeared tomeetanyrequirement.E-waybillisanelectronicwaybillformovementof goodswhich canbe generatedon theGSTN (commonportal).MovementofgoodsofmorethanRs.50,000invaluecannotbemadebyaregisteredpersonwithoutane-waybill.

Thee-waybill canalsobegeneratedor cancelled throughSMS, he said.Whenan e-waybill is generated, a uniquee-waybillnumber(EBN) isallocatedandisavailabletothesupplier,recipient,andthetransporter,headded.TradeandtransporterscanstartusingthissystemonavoluntarybasisfromJanuary16.

Therulesforimplementationofnationwidee-waybillsystemforinter-statemovementofgoodsonacompulsorybasiswillbenotifiedwitheffectfromFebruary1,2018.Thiswillbringuniformityacrossthestatesforseamlessinter-statemovementofgoods.

Courtsey:www.thehindubusinessline.com


INDUSTRYNEWS

The Indian Printing Packaging & All ied MachineryManufacturers’Association(IPAMA)hadsuccessfullyorganized

thePromotionalMeeton19thDecember,2017atBombayExhibition Centre,Mumbai, relating to forthcoming 14theditionofPRINTPACKINDIAexhibitionslatedtobeheldfromFebruary01-06,2019at IndiaExpoCentre (IEML),GreaterNoida.On thisoccasion, IPAMAhad invitedPresidentsandseniorfunctionariesofdifferentassociationsaffiliatedtoIndianGraphicArtsIndustry.Prominentfigureswhohaveattendedtheevent:Mr.AMSGAshokan,President,AllIndiaFederationofMasterPrinters(AIFMP);Mr.B.B.Sen,President,AllIndiaPrintingInkManufacturers’Association(AIPIMA);Mr.GururajBallarwad,President,ALPS;Mr.PradipBosmaya,President,FCBMI;Mr.KuldipGoel,President,LMAI;Mr.RaunakSinghBhurjee,President, IPCPMA;Mr.ChandrakantA. Salunkhe,President,PIAI;Mr.VipinGaur,GeneralSecretary,NewsPaperAssociationof IndiaandMr.DilipBhise,General Secretary,SPAI.Apartfromspecialinvitees,otherdignitarieswerealsopresentonthisoccasion.

TheGuestsofHonourwerepresentedMementoalongwithaShawlby thePresidentandGoverningCouncilMembersof IPAMA.On thisoccasion fondmemoriesof lateMr.H.V.Sheth, ex-President of IPAMAwere also sharedwith thespecialinviteesandseniorfunctionariesofIPAMA.Aspecial

mementowasalsopresented to thefamilymembersoflateMr.Sheth.

The Guests o fH o n o u r w e r ep r e s e n t e dMemento along with a Shawl byt he P re s i d en tand GoverningCouncilMembers

PROMOTIONAL MEET FOR PRINTPACK INDIA EXHIBITION

of IPAMA.On thisoccasion fondmemoriesof lateMr.H.V.Sheth,ex-PresidentofIPAMAwerealsosharedwiththespecialinviteesandseniorfunctionariesofIPAMA.AspecialmementowasalsopresentedtothefamilymembersoflateMr.Sheth.

Mr. Dayaker Reddy also briefed the in vitees relating toformationofaFederationorajointfrontofalltheAssociationshavingaffiliationwiththeIndianGraphicArtsIndustry.InhisvaledictoryspeechMr.ReddystatedthatIndiaisagrowingeconomywherethereisamplescopefordevelopmentoftheindustry.HealsoinformedthatthevalueoftheIndianPrintingindustryalonestoodatRs.303billionin2016andthesectorwillgofurtherbloomingduetoavailabilityoflatesttechnologyand resourcesatavery reasonablecost.Thesector isalsopoisedtoprovidejobstotheyoungergeneration.MNCsarealsoinvestingintheprintingsectorduetofavourableworkingconditions.Onthispoint,mostoftheinviteeshadsupported

theideaofformingaFederationintheinterestoftheGraphicArts Industry, keeping in view the changed scenario in thecountry.ItwasalsohighlightedthatwithaviewtoeffectivelytakingupvariousproblemswithGovernmentinstitutionsbeingfacedbytheindustry,theAssociationshavetolendsupporttoeachotherforcommoncauses.MostoftherepresentativespresentintheMeetwereinfavourofformingaFederation.However, itwasexplainedbyMr.Reddythatthe individualAssociationswill continue to pursue their own aims andobjectivesaspertheirconstitution.

Regarding PRINTPACK INDIA 2019 exhibition,Mr.NaveenGuptastatedthatithasalreadyestablisheditselfasalaunchingpadfornewtechnologiesandservicesacrosstheworld.Forthefirsttime,all thesegmentsof thegraphicarts industryhavebeenincludedintheexhibitorprofilewhicharePress,Pre-press,Post-press,Digital,Packaging,Corrugation,Signage,ServiceandSoftware,Converting,Screen&TextilePrinting,ConsumablesandSpares,Label&Paper.Theexhibitorswillbeallottedspacesegment-wiseindedicatedhalls.Morethan600IndianandforeignareexpectedtoparticipateintheExhibition.

Theeventwasfullofentertainmentandinformation.


INDUSTRYNEWS

IPAMA DELEGATION TO EXPLORE OPPORTUNITIES IN SRILANKATheIndianPrintingPackaging&AlliedMachineryManufacturers’Association(IPAMA)willbesendingadelegationto‘SriLankaPrint2018” (Collate2018)exhibitionwhich is scheduledtobeheldfromMarch16–18,2018atColomboExhibition&ConventionCentre,Colombo, Srilanka.T he de l e ga t i onundertheleadershipofPresident,IPAMA,around28exhibitorswill participate intheexhibitionunderthebannerofIPAMAwhichisresponsiblefor promoting theIndianGraphicArtsIndustryasawholeanddifferent typesof machinery andallied products inpart icular of i tsregisteredmembers.TheparticipationofexhibitorsfromIndiawill increase thebilateral trade relationsbetween the twocountries.

IPAMAhas alreadyapproached theMinistryofMSME forprovidingfinancialassistancetotheeligibleparticipantsundertheInternationalCooperationSchemeofMSME.Apartfromthegovernmentassistance,theassociationisalsoextendingsomeadditionalbenefits for itsmembers.Thebenefitsareasunder:

1. ToandfroAirtickeruptoRs.25,000/-oractualwhicheverisless.

2. FinancialassistanceagainstshipmentofMachineuptoRs.50,000/-oractualwhicheverisless.

(Note: The participants/exhibitors can avail benefits either from MSME or from IPAMA.)

IPAMA is closelyworking onthis project so thatmaximumnumber of companies mayparticipatewithfullenthusiasm.

As far as Sri LankaAssociationofPrinters (SLAP) isconcernedwhich is organizing ‘Sri LankaPr int ’ exh ib i t ion , i t wasestablished in the year 1956for developing the printingindustry in Sri Lanka. SLAP isalsoamemberoftheAsiaPrintAssociation alongwith India,China etc. IPAMA President,who is leading thedelegation,is also President ofAsia PrintAssociation. Presently theheadquarter of Asia PrintingAssociationisatIPAMAbuilding

No.54,Sector62,InstitutionalArea,Noida.

Sri Lankamarket is an ideal and suitablemarket for theproductsandtheservicesthatIndianCompaniescanofferandalsoagreatwaytonetworkwithotherindustrymembersforgrowingcustomerbase.

During the visit to Sri Lanka, thedelegationwillmeet themanufacturers, industrialists, importers and exporters of SriLanka.SriLanka’seconomicperformanceremainedbroadlysatisfactoryin2016andearly2017althoughrecentfloodsanddroughtshadaffectedmacroeconomicperformance.

PRESS RELEASE

IPAMA Delegation to Explore Opportunities in Srilanka

The Indian Printing Packaging & Allied Machinery Manufacturers’ Association (IPAMA) will be sending a delegation to ‘Sri Lanka Print 2018” (Collate 2018) exhibition which is scheduled to be held from March 16 – 18, 2018 at Colombo Exhibition & Convention Centre, Colombo, Srilanka. The delegation under the leadership of President, IPAMA, around 28 exhibitors will participate in the exhibition under the banner of IPAMA which is responsible for promoting the Indian Graphic Arts Industry as a whole and different types of machinery and allied products in particular of its registered members. The participation of exhibitors from India will increase the bilateral trade relations between the two countries.

IPAMA has already approached the Ministry of MSME for providing financial assistance to the eligible participants under the International Cooperation Scheme of MSME. Apart from the government assistance, the association is also extending some additional benefits for its members. The benefits are as under:

1. To and fro Air ticker up to Rs. 25,000/- or actual whichever is less.

2. Financial assistance against shipment of Machine up to Rs. 50,000/- or actual whichever is less.

(Note: The participants/exhibitors can avail benefits either from MSME or from IPAMA.)

KomoriL528-5colourimportedfromGermany,verynicetechnicalconditionandhighqualityprinting,installedatDROFFSET-Delhi,ownedbyMrMishraalongwithHeidelberg4colourSM102V

AMITINTERNATIONALalwaysimportnicemachinesfromEurope-USA,Canada,Japan,UKetc

MachineslikeAdastDominant,Polly,KBA,Heidelberg,Komori,Shinoharaetc are available, recently participationat Pamex2017 inMumbaigeneratednewbusinessandcustomersgottheopportunitytomeetsupplierofhighqualitymachines.

Forfurtherdetailscontact MrAsitJain Mobile-9810152056 www.amitinternational.asia

AMIT INTERNATIONAL


TechNova’sstandatCEIF2018willshowcasetheirfullrangeofPaper,Non-tear,andSpecialtymediaforLaser,InkjetandDyeSublimationtechnologies.Running liveonthestandwillbe2digitaldevices:DuploDigitalSpotUVCoaterandaJingweiCuttingandCreasingdevice,todemonstratedigitalpost-printenhancements.

Photographers,PrintServiceProvidersandStudioownerswillbeabletoexperienceleading-edgesolutionsthatprovidenewopportunitiestoenhancetheirrespectiveprintapplicationsandtransformtheirbusinesses.

Not-to-be-missedproductsattheTechNovastandatCEIF2017:

NovaJet EverLast range of non-tear inkjet media

Designedforuseoninkjetminilabsanddesktopinkjetprintersbystudioowners,printserviceprovidersandphotographers.Offersoutstandinginkadhesionforsharpandhighdefinitionimages.Applicationsinclude,weddingalbums,photobooks,displaypictures,indoorsignageandmanymore.

NovaLife range of non-tear Laser media

Formerly known asNovaJet LMO,NovaLife is a range ofpremium non-tear,water-resistant lasermediawith aninnovativedual sidecoating thatgivesa richand luxuriousfinish,post-lamination.Beingsyntheticinnature,theprintlifeissignificantlylongerascomparedtopaper.Itsnon-tearandhigh-qualityfinishhasmadeitthemostpreferredoptionfordiscerningphotographersandendconsumers.Itisinfact,themostpopularmediaforweddingalbumsacrossIndia.

NovaLife Dual Metallic non-tear Laser media

PrintServiceProviderslookingfornewproductsmustnotmisstheNovaLifeDualMetallic,non-tearmediabeinglaunchedbyTechNovaatCEIF2018.Thedualmetallicmediaisthe4thnewmediaintheNovaLifemetallicnon-tearrange.Usedcreativelyintheweddingalbumandphotobooksegments,thismediaoffers immenseopportunities toPrintServiceProviders toadduniquevaluetotheircustomersandcreateaformidablecompetitiveedge.

InadditiontoNovaLifeandNovaJetEverLastmedia,TechNovawillalsodisplayitsrangeofpremiumcoatedmediaforindoorandoutdoorSignagePrinting,aswellasitscomprehensiverangeofDye-Sublimationheat-transferpapersfortransferstofabric,ceramicandspecialtysubstrates.CompleterangeofTechNovaDigitalPrintMediawillbeavailableatspecialpricestobuyoff-the-shelffromtheretailcounterinthestanditself.

TransformingfrombeingamediasuppliertoaTotalSolutionsProvider,TechNovawillberunningtheDuplospotUVcoaterand the Jingwei cutter and creaser live on the stand todemonstratethepost-printvalueadditionpossibilities.

TechNovaisactivelylookingtoincreaseitsfamilyofChannelPartners.TherewillbeanexclusiveChannelDeskatthestandtointeractwithinterestedprospects.

TechNovahasrolledouttheredcarpettowelcomeyouatstandC7,Hall1.

SeeyouatCEIF2018.

TECHNOVA TO SHOWCASE EXCITING NEW DIGITAL PRINT MEDIA SOLUTIONS @ CEIF 2018

Putafroginavesselofwaterandstartheatingthewater.Asthetemperatureofthewaterrises,thefrogisabletoadjustitsbodytemperatureaccordingly.Thefrogkeepsonadjustingwithincreaseintemperature.Justwhenthewaterisabouttoreachboilingpoint,thefrogisnotabletoadjustanymore.Atthatpointthefrogdecidestojumpout.

Thefrogtriestojumpbutisunabletodoso,becauseitlostallitsstrengthinadjustingwiththewatertemperature.Verysoonthefrogdies.

Whatkilledthefrog?

Manyofuswouldsaytheboilingwater.Butthetruthiswhatkilledthefrogwasitsowninabilitytodecidewhenithadtojumpout.

Weallneedtoadjustwithpeopleandsituations,butweneedtobesurewhenweneedtoadjustandwhenweneedtoface.Therearetimeswhenweneedtoface

thesituationandtaketheappropriateaction.Ifweallowpeopletoexploitusphysically,emotionallyorfinancially,theywillcontinuetodoso.Wehavetodecidewhentojump.

Letusjumpwhilewestillhavethestrength.....Bymostpracticalthoughts.

CourtesyNPES(India)

AFFILIATENEWS


Heidelberg’s Intellistart feature incorporated in theSX-74 -facilitates faster jobchangesandhigh levelofautomation.EvenasthecurrentjobisrunningontheSX-74,thenextjobcanbeprepared,thankstotheIntellistart,whichcomparesthecurrentpressstatuswithparametersforthenewjob.

Basedonthecomparison,Intellistartgeneratesstepsrequiredto change jobs intelligently and dynamically, providingschedulablesetuptimesandconstanttimesavingswitheachjobchange.About70%reduction in theoperatingsteps tobecarriedoutonthecontrolstationbythepressoperatorindicatesahighdegreeofautomation.

An in-built “ColorFast Solution” in theSpeedmasterSX74speedsup the inkingunit’s responseby50 to70percent,leading to lesserwastage andhigher productivity. Asweprogressthroughourchosenpathandpriorities,wecontinuetorelyonHeidelberg for technology insightsandsupport,”concludesSrinivasan.

CHENNAI’S NAVANEETHAM ENTERPRISES ENHANCE PRODUCTIVITY WITH HEIDELBERG SPEEDMASTER SX-74

INDUSTRYNEWS

Chennai-basedNavaneethamEnterprises, a completeprinthouse,addedaHeidelbergSpeedmasterSX74,upgradingitspresentstate-of-the-artinfrastructureofpress,prepressandpostpressequipment.Themoveisinlinewiththecompany’sinitiatives to compete in the globalmarkets and fulfil theexactingprintqualitybarssetbyanelitebuyerbase.

TheHeidelberg Speedmaster SX-74 combines the path-breaking technologyof theSpeedmaster-XL classwith thetried-and-tested SM platform. Designed for ergonomicoperations, the press flaunts shortermake-ready andthroughputtimes,withproductionspeedsofup to15,000sheetsperhour.

“Weneedbest-in-classequipmenttostayontopofourgame.Heidelberg isour trustedpartnerandaworld-classbrand.TheSpeedmasterSX74offerscompellingvalueproposition,especiallyforshortjobruns,”statesMr.KSrinivasan,ProprietorofNavaneethamEnterprises.

NavaneethamEnterprisesspecializesincommercialprinting,producingannual reports, booklets, brochures, calendars,folders,greetingcards,leaflets,manuals,paperinserts,postersandpop items, includingdanglers,andwobblers.Theprinthouse serves aprestigious clientbase that includesHDFCBank,Larsen&Toubro,FlextronicsIndia,andApolloHospitalstonameafew.

“Thekeyobjective is topositionourbusiness for industry-leadinggrowthandcontinuousrenewaltodeliverexcellenceanddrive innovationacrossourblue-chip clientbase. Thecritical nature of our production needsmandate highlyautomatedoperations,quickjobchanges,andreducedsetuptimes.TheSX-74fitsthebillneatly,”addsSrinivasan.

Forex Reserves Hit a Lifetime High of $405 Billion

Foreignexchangereserves,onDecember22,notonlycrossedthe$400billionmarkbuttouchedanewlifetimehighof$404.921billionaidedbyanincreaseinforeigncurrencyassets.Inthepreviousweek,foreignexchangereserveshadrisenby$488.2millionto$401.385billion.

Courtesy Narendra Modi App/The Financial Express.

Lok Sabha Passes Insolvency and Bankruptcy Amendment Bill

TheLokSabhaonFriday,29thDecember2017,passedtheInsolvencyandBankruptcyCode(Amendment)Bill2017,pavingtheway fortightening loopholes in theexistingcodeandmaking the resolutionprocessmoreeffective.Thecodewasenactedin2016tofindatime-boundresolutionforailingandsickfirms,eitherthroughclosureorrevival,whileprotectingtheinterestofcreditors.


substrates,flexibleconfigurationwithcoatinganddryingunits,easyoperations,seamlessintegrationwiththePrinectpresscentre2digitalworkflow.

“Weanticipateactiveinterest inCX75fromIndianprinters,thanks to features like quick turnaround times, reducedoperationalfootprintandthecompactsizeofequipment,”AshokanKrishnamoorthy,GM–PrepressProductsolutions,statedinhispresentation.

Healsohighlighted thePrinectprepressManagerand thesignificanceofprepresssolutionsincommercial&packagingprinting.Inhisaddress,LalitkumarLamba,

ProductManager - Postpress solutions, focused on thelatest Steinemann finishing solutions, fromHeidelberg’sSwitzerland-basedpartnerSteinemann,aproviderofdigital-foiling solutions. Lalitkumar explained the advantages offoilingequipment-dmax76&dmax106andthewondersthatpackagingprinterscanachievewithcoatingandfoilingapplications.

NarendraKulkarni,RegionalProductManager,Asia–Gallus,described how the bestseller Gallus ECS 340 is a namesynonymouswithcost-effectivelabelproduction.Heexplainedhow an exceptionally shortweb path of just 1.1metersbetweenprintingunits

isinstrumentalinreducingproductionwastagesignificantly.Hispresentationalso includedhow thegranite corehelpscounteract anybuild-upof static chargeson theECS340,becauseofitsnon-magneticandnon-conductiveproperties.

Overall,theeventservedasagreatplatformtoreaffirmthevalueandcompetitivedifferentiationofHeidelbergand itspartner products.Attendancewas enthusiastic and lively.Participantscalledtheseminar“productiveanduseful.”

HEIDELBERG INDIA HOSTS ‘CELEBRATING SPEEDMASTER CX 75’ SEMINAR AT PUNE

HeidelbergIndiaorganized“CelebratingSpeedmasterCX75”inPune tocommemorate the launchofSpeedmasterCX75in India. In addition to CX75highlights, the seminar alsofocusedonHeidelberg’spatentedmulti-colourconcept,andPrinectpressmanager,aswellaspartnerproducts,includingSteinemannfinishingsolutions,GallusECS340labelpressandMKdie-cuttingtechnology.

Theknowledge-sharingconferencedrewcloseto50printersfromPuneandsurroundingregions.PeterRego,BusinessHead–EquipmentSales,HeidelbergIndia,presentedtheconceptofSmartprint-shopandOverallEquipmentEffectiveness(OEE),whileSaseendranBaskaran,GeneralManager–Presssolutions,describedHeidelberg’sMulti-colorconceptanddemonstratedwithactivesampleshowprinterscanachievepantoneshadeswithCMYKandOrange-Violet-Greencombination.

Afterdefining theCX75as ‘multi-talentpress in the50x70format, available in four, five or six-colors,’Udo Fiebiger,RegionalBusinessManager-sheetfedsolutions,HeidelbergAsiaPacific,expoundedtheproductbenefits.Keytakeawaysfromhispresentation, includedouble-diameter impressioncylindersopenupCX75forawiderangeofapplicationsand

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Markets End 2017 With a Bang, Carry Happy Notes to New Year

Themarketsmaintained2017’scelebratorymoodthroughtotheyear’slastdayoftrading,withSensexclosingatarecord34,056.83amidrobustequityshoppingbybothdomesticandforeigninstitutionalinvestors(FIIs).

Analystsexpect, earningsgrowthwill perkup in thenext fewquartersbecauseof the low-baseeffectonaccountofdemonetisationanditsdisruptioneffects.TheyexpectrealearningsgrowthtohavepickeduppacefromtheJunequarternextyear.

Courtesy Narendra Modi App/The Economic Times


The 4-day exhibition observed the gathering of printing vendors as well as the customers across the globe

KONICA MINOLTA STEALS THE SHOW AT PAMEX 2017 WITH ITS NEXT GENERATION DIGITAL PRINTING SOLUTIONS

KonicaMinoltaBusinessSolutionsIndiaPvt.Ltd,agloballeaderinadvancedimagingandnetworkingtechnologieswitnessed

asignificantresponsefromprintingbusinesses,showcasingitsindustry-leadingBizhubandAccurioPressseriesatPAMEX2017exhibition.

Thefour-dayexhibitionservedasakeyplatformforKonicaMinolta todemonstrate itsnext-generationdigitalprintingsolutions, tailored forend toend requirementsofprintingbusinessesinthecountry.

TheexhibitiongarneredaslowbutencouragingresponseinthefirsthalfandthenumberofattendeesvisitingtheKMstallssoaredsignificantlyinthe2ndhalfandcontinuestodrawhighfootfalltillthefourthdayoftheevent.

Thekeyspokespersonsfromthecompanyincluding,YoshinoriKoideDirector Business Strategy& ProjectManagement

(KonicaMinoltaBusinessIndia)andManishGupta,DGMPP&IPmarketingwerepresentattheevent.

TheCompanyhighlighteditsflagshipproductsAccurioPressseriesC6100/C6085forthefirsttimeinIndiaatPAMEX2017.

‘’Weareoverwhelmedandgrateful toPAMEX2017 teamfor providinguswith anopportunity todemonstrateourtrendsettinglineupofdigitalprintingsolutions.Theresponsewehave garnered in the four-day event is positive and itfurthercementsourpositioninthecompetitiveandlucrativeprinting industryof India,’’ addedYoshinoriKoide,DirectorBusiness Strategy&ProjectManagement (KonicaMinoltaBusinessIndia)

‘’Theseareexcitingtimes in Indiaas thecountry is rapidlytransforming intoadigitaleconomy.Ournewsolutionsaretailoredtomeetthenextgenerationdemandsofbusinessesand set newbenchmarks in thedigital industrial printingsegment,”saidManishGupta,DGMPP&IPmarketing(KonicaMinoltaBusinessIndia)

WORLD BANK SAYS INDIA HAS HUGE POTENTIAL, PROJECTS 7.3% GROWTH IN 2018WASHINGTON:Withan "ambitiousgovernmentundertaking comprehensive reforms", Indiahas "enormousgrowthpotential"comparedtootheremergingeconomies,theWorldBanksaidonWednesday,asitprojectedcountry'sgrowthrateto7.3percentin2018and7.5forthenexttwoyears.

India,despiteinitialsetbacksfromdemonetizationandGoodsandServicesTax(GST),isestimatedtohavegrownat6.7percent+in2017,accordingtothe2018GlobalEconomicsProspectreleasedbytheWorldBankheretoday.

"InalllikelihoodIndiaisgoingtoregisterhighergrowthratethanothermajoremergingmarketeconomiesinthenextdecade.So,Iwouldn'tfocusontheshort-termnumbers.IwouldlookatthebigpictureforIndiaandbigpictureistellingusthatithasenormouspotential,"AyhanKose,Director,DevelopmentProspectsGroup,WorldBank,toldPTIinaninterview.

CourtesyPTI

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RNIReg.No.28905/77

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issn 0970-8391 rinting imesaifmp.org/pdf_file/pt nov dec 2017.pdfk. rajendran, co-chairman...

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