Manik Printpack sets up a new plant
Faridabad-based Manik Printpack India has established a new plant in a 1,50,000-sqft area, out of which ,100,000-sqft is constructed. The new plant is located in Prithla village in Palwal district in Haryana, near the company’s existing plant.
04 Dec 2023 | By Rahul Kumar
Manik Mittal, the second-generation of the family-owned packaging printing business said, “We have established the new plant to combine our print production of three separate plants in Faridabad,”
These plants were previously running independently. Now, the company has started moving the machines from these plants to new plant in shifts so that production isn’t hampered.
The ground floor is equipped with six offset printing presses and other heavy machineries. The first floor is equipped with quality assurance and quality check labs, office and admin area and the second floor is equipped with the corrugation unit.
“It took three years to complete the plant, from acquisition of the land to produce the print products,” Mittal said.
He added, “We are among the few printers in the region who has a 44x64-inch printing press. We are planning to make it an UV-enabled printing press. In the new plant, we have added a CTP and a new folder-gluer Bobst Novafold 110 A2 with 4&6 corner attachment. The folder-gluer has arrived and it will be installed soon. The rest of the machines have been shifted from our existing plants.”
From the earlier plants, the company served the electrical industry. Now with the new plant, it will target new segments as well.
“FMCG is on our radar. We produce mono cartons, E-flute & B-flute corrugated boxes and multicolour offset printed corrugated boxes. Our first priority is to establish the new plant and later on we will focus on diversification,” he said.
Manik's new plant
Anil Mittal, founder, Manik Printpack India, said, “We are converting around 800-tonne of paper and board (400-tonne of duplex, 100-tonne of FBB and 200-tonne of kraft) presently and targeting to make it 1,200-tonne in the coming financial year.”
Manik Printpack was established in 2007 and in last 15 years, it has grown at the CAGR of 30%.
The family-owned packaging print business is run by Mittal family. Anil Mittal is founder and responsible for finance and new ventures. His wife Monika is a silent partner. Manik Mittal, the second-generation, is responsible for business development and print production and Somya Mittal, his wife, recently joined the business and is responsible for marketing and production.
The new plant is equipped with all major modern facilities, such as fire safety. Solar power is on cards. Around 35,000-sqft area will be available for solar power and located in lush green surroundings.
Somya Mittal said, “Being a newcomer to the industry, I am learning and it will take time to understand the entire process. I am fortunate that I can implement my management learnings at Manik for its betterment.”
A team of 300 people works in 12-hour shifts at the factory shopfloor achieve Rs 68-crore turnover in last financial year.