Tholasi Prints expands with Rs 20-crore investment

Bengaluru-based Tholasi Prints India is in expansion phase. The commercial print firm has plans to expand its printing business with an investment of Rs 20-crore in new 25,000sq/ft plant and brand-new machinery. This includes Heidelberg CD 102, folding machines from Pratham Technologies, envelope making machine from Redlands, Screen CTP and Eureka K115CDh paper cutting machine

24 Apr 2013 | By PrintWeek India

Nataraj Tholasi, chairman at Tholasi Prints India, said, “We are already running out of space in our two printing plants located in the city. The new plant which is located in Peenya industrial area will be ready by May 2013. The 25,000sq/ft will house all the brand-new equipment.”

The commercial printing firm has plans to foray into packaging with CD 102 press and investment in die-cutter and folder-gluer machine.

He added, “We are traditionally commercial printing firm but we are also planning to venture into packaging segment. We see tremendous growth opportunity in packaging. Keeping this as a target, we have already invested in Heidelberg CD 102 which is being installed and commissioned and are planning to invest in die-cutter and folder-gluer machine. For post-press machines, we have not finalised the manufacturer.”

The recent blast in Bengaluru took place behind Tholasi Prints India’s unit in Malleshwaram but according to the firm it did not have any effect on its operations.

Established in 1984, apart from having hotel, jewellery business, Tholasi Prints India is also into publishing business and publishes ‘What’s up Bengalore’, a lifestyle magazine which is the official city guide partner for Bengaluru international airport.