Avery to invest $30 million in India

Helen Saunders, vice president and general manager at Avery Dennison said: "Since our presence in the US and European market is firmly established, we would like to expand our presence in India as a part of global expansion plan."

Avery's graphics and reflective products division has been active to accumulate a dynamic impact in the Indian market and plans to invest in India as they see a huge potential.

Saunders added: "Our global team has been continuously visiting India for the new developments. We are committed to invest $30 million to grow in the Indian market."

The team announced their agreement with Pantone for 900 super cast and translucent signage.

According to Saunders, perfect colour is guaranteed when it refers to substantial qualities of Avery vinyl films. The division boasts of more than 1000 Pantone colour textures for which the company has signed an agreement with the latter for 900 super cast and translucent signage.

Avery Dennison graphics and reflective products division is a part of Avery Dennison Corporation, a fortune 500 company based in Pasadena, California, with 2009 sales of $6 billion and operations in over 60 countries. The company has a range of products for digital printing, traditional printing technologies, reflective and cut signage applications. Its products are used in applications ranging from promotional graphics such as signage, labels, exhibits, displays and bus-wrap markings to long-term, durable applications such as fleet markings, backlit signs, vehicle striping and graphics.