Mona Equipments looks for new customers
The ancillary equipment manufacturing company Mona Equipments, based in Noida, was at Labelexpo Southeast Asia 2018, held at Bangkok from 10 to 12 May, as part of the company’s focus to expand its business to the neighbouring countries. Mona has a strong base of more than 1,000 customers, 600 in India and more than 400 in overseas countries.
28 May 2018 | By Rahul Kumar
(l-r) Pawan Kumar Singh (extreme right), managing director, Mona Equipments with his overseas partner
According to Pawan Kumar Singh, managing director, Mona Equipments, the responses and leads received at the show was serious.
Established in 1997, Mona manufacturers doctor blades, core chucks, core shafts, chamber doctor blades, anilox chrome roller, duplex splitting machine and other parts for most of the existing narrow web flexo printing presses’ owners.
On manufacturing, Singh, who joined the family-owned business in 2009, said for machine manufacturing, one needs more investment and infrastructure. On the other hand, manufacturing of ancillary products provides more penetration with less investment and efforts. The market is too competitive, especially when it comes to price and sale of a machine.
“Our growth is linked with label printers and narrow-web flexo printing presses manufacturers. As number of printing presses will increase and existing printing presses will require new parts, our business will grow,” he added.
The company has four production units in Noida and presence in multiple overseas countries, reporting around 20% annual growth year-on-year.
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