PrintWeek Awards 2023: Hitech Print Systems wins MSME Company of the Year (Joint Winner)
The Telangana-based company has had a phenomenal year, with its gross sales, profit, and return on capital seeing significant growth.
30 Oct 2023 | By PrintWeek Team
Hitech Print Systems (HPSL) was established in 1986 and is a closely held limited company. It is an RBI / IBA-approved printer firm with plants in Telangana and Andhra Pradesh. The educational business with security documents – unique barcoded answer books for digital evaluations added a three-colour Muller Martini narrow-web press at its AP plant. It also invested in bio-degradable waste converting machines for converting food waste, trimmed and dried leaves from the plant for making manure for plants and to make the environment sound, and ETP as well as STP to treat chemical mixed water for gardening and to conserve the groundwater quality.
Besides its financial achievements, HPSL’s other notable achievements have been: supply of answer sheets with student data personalised, packed day-wise, centre-wise and delivered to district headquarters for major annual exams of secondary and intermediate boards in three states of South India and one state in North India.
HPSL’s financials speak for themselves, but its commendable strategy of delivering educational material with security features makes this an incredible business.