Latest News

  • 171

    Ending six months of uncertainty, lenders have approved the resolution proposal of JK Paper one of India’s largest paper producers, to revive Sirpur Paper Mills, one of Telangana’s large manufacturing facilities from the Nizam era that the state government was attempting to revive through tailor-made incentives and subsidies.

    JK Paper has submitted a resolution plan involving a total outlay of Rs 782 crore, which includes settlingdues of Rs 371 crore against claims of around Rs 674 crore. Further, the resolution applicant has also proposed investments of Rs 400 crore to expand the capacities of Sirpur Paper in two phases.

    A person close to the development told that the Resolution Professional has placed the developments before the National Company Law Tribunal’s (NCLT)Hyderabad bench on Tuesday, along with the approval of Committee of Creditors (CoC) for the plan of JK Paper.

    Tue, 28/08/2018
  • 170

    The tried-and-tested Metris OPP system (OPP: Optimization of Process Performance) from ANDRITZ, which has been used successfully in reference plants all around the world, will be used here.

    The tried-and-tested Metris OPP system (OPP: Optimization of Process Performance) from ANDRITZ, which has been used successfully in reference plants all around the world, will be used here. Metris OPP is an IIoT system developed by ANDRITZ and comprises a range of digitally supported tools based on big data analysis to improve industrial processes. The system has been modernized continuously in recent years, and new tools such as artificial intelligence, apps, and so on, have been added.

    More than 50 international groups are already working with Metris OPP successfully, many of which only began using it in the past two years. The overall net benefit generated by these companies so far with Metris OPP amounts to over 150 million euros. The OPP system, which is used above all in pulp and paper production, detects anomalies and deviations at an early stage by analyzing production data. As a result, countermeasures can be implemented in good time, guaranteeing reliable production and also optimizing operations, including the use of resources.          

    Tue, 28/08/2018
  • 168

    India will continue to be the fastest  growing market for luxury writing instruments and accessories maker Montblanc

    India will continue to be the fastest growing market for luxury writing instruments and accessories maker Montblanc, according to its chief executive, Nicolas Baretzki. Despite challenges in locating premium real estate in tier 2 cities for expansion, Montblanc’s sales in smaller towns have been growing through its joint venture with Indian watchmaker Titan and new ecommerce channels, Baretzki said on the sidelines of a store launch in the city.

    The German luxury maison has 10 boutiques in the country and plans to open five new stores every year for the next three years, Baretzki said. “Boutiques in tier 2 and 3 cities, and the new network through the ecommerce platform will keep India at the top in terms of percentage growth,” Baretzki said. “It will definitely be much faster than any other mature market with large coverage where the growth is more on a like-for-like basis.”

    Mon, 27/08/2018
  • 169

    During face-to-face meetings with state legislators at the State House in Boston, AF&PA and member company representatives will advocate for common-sense public  policy that will help Massachusetts companies grow the economy and create jobs.

    During face-to-face meetings with state legislators at the State House in Boston, AF&PA and member company representatives will advocate for common-sense public  policy that will help Massachusetts companies grow the economy and create jobs.

    “More than 125 pulp, paper and packaging manufacturers and mill facilities across the Commonwealth of Massachusetts provide familywage jobs to more than 12,000 men and women; impressive numbers that deserve to increase,” said Harman.

    “Legislation that supports effective recovery of paper and paper-based packaging, fair treatment of paper bags and sound energy policy will go a long way toward helping Massachusetts companies achieve that goal. AF&PA thanks lawmakers for keeping that conversation moving forward and encourages lawmakers to work with local industry to advance common sense public policies that will support economic growth and job creation in the Bay State.”

    Mon, 27/08/2018
  • 205

    Xerox (NYSE: XRX) Vice Chairman and CEO John Visentin sent a letter to Fujifilm Chairman Shigetaka Komori responding to the lawsuit filed by Fujifilm.

    “Fujifilm should realize that the internal accounting issues at Fuji Xerox were a result of their mismanagement, which made it impossible to close the announced transaction” said Visentin. “We cannot stand by and let them further harm our iconic brand. The lawsuit is nothing more than a desperate and misguided negotiating ploy to save their takeover attempt, which to this day remains enjoined by order of the New York State Supreme Court, and could take our focus away from serving our customers.”

    About Xerox

    Xerox Corporation is a technology leader that innovates the way the world communicates, connects and works. We understand what’s at the heart of sharing information – and all of the forms it can take. We embrace the integration of paper and digital, the increasing requirement for mobility, and the need for seamless integration between work and personal worlds.

    Sat, 18/08/2018
  • 206

    Konica Minolta Business Solutions has announced the launch of the powerful bizhub658e/558e/458e black and white multifunction printer in India. The development marks yet another stellar addition to Konica Minolta’s extensive portfolio of office printing solutions in the country and further strengthens its offering in the demanding office work-group MFP segment.

    What sets Konica Minolta bizhub 658e/558e/458e apart is its focus on enabling superlative productivity, operability, collaboration, and multi-functionality. It’s robust design and paper handling capability enables reliable performance at 65 to 45 prints per minute.

    Equipped with a large-capacity, high-speed Dual Scan Document Feeder (DSDF). The bizhub  658e_558e_458e ensures the highest document feeding speed (240 ipm – Duplex) and precision in its class of A3 monochrome devices. This high-speed precision scanning when combined with “collaboration solutions” creates new value for customers in automating their workflows.

    Sat, 18/08/2018
  • 203

    The new MB240 series is designed to fit alongside TSC’s bigger industrial printer models including the MH240 and MX240P series.

    Recently, TSC launched the entry-level industrial printer series MB240 in India.  As stated by the company, the printer boasts of a small footprint, compact design and quiet operation making it a perfect solution for light industrial printing applications. The new MB240 series is designed to fit alongside TSC’s bigger industrial printer models including the MH240 and MX240P series.

    The MB240 series features a 3.5-inch color touch display and bright indicators which, as TCS claims, will allow for simple operation. The printer comes with various interfaces including 802.11 a/b/g/n wireless, Ethernet, Bluetooth, USB, USB host and serial connections. Options including regular cutter, peel & present with internal rewind, and a general-purpose input/output (GPIO) interface allow the printer to be integrated into numerous application.

    Sat, 18/08/2018
  • 204

    Tata ClassEdge, a leading provider of technology-based learning solutions, has introduced a new supplementary course on adolescence education for students from Class 8. 

    Puberty is a time of emotional stress and confusion, and children feel uncomfortable discussing certain topics. As a pioneering effort, Tata ClassEdge has introduced this course on Adolescence Education with an intention to create a safe environment for students to discuss and clarify questions.

    Says Nilima Achwal, Founder of iEsha Learning, ''I developed India's first fun, interactive, and easy-to-use toolkit for adolescent and gender education for adolescent students. This program does more than just teach concepts like menstruation, puberty, and consent - it breaks taboos and creates a positive and happy attitude forchildren around their bodies, as well as a respectful, empathetic, and caring environment in the classroom. After implementing this program, teachers see a tremendous increase in self-confidence, kindness, and empowerment and a significant decrease in bullying and disrespectful behavior among students.''

     

    Sat, 18/08/2018
  • 194

    In a first of its kind venture, a city-based startup is making pencils with waste paper instead of using wood. The box used for the pencils is also made of non-plastic paper packaging.

    Lavinesh Dayalani, who is born and raised in Aurangabad, gave shape to his idea in March when he launched his Bhoomi Eco. He says, "A global study has revealed that every year 82,000 trees are cut down to produce more than 14 billion pencils in the world. Another industrial survey done at national level states that India has 1.5 million schools and students above 315 million. Indian schools have made the use of pencils compulsory till 4th standard. Therefore, the writing instrument industry in India is estimated at a whopping Rs. 2600 crore."

    The statistics led the commerce graduate to usher into the eco-friendly pencil industry. Bhoomi Eco, which has its manufacturing facility at Chennai, has women from self-help groups working for it. The women are engaged in rolling the paper around the graphite lead. We use paper rolling method with toxin-free glue. "This process keeps lead at centre and provides good grip and prevents from breaking," Lavinesh says.

     

    Fri, 17/08/2018
  • 160

    Allied Instruments Private Limited was established in 1964 at Mumbai. They are among the leading manufacturers & exporters of Office, School & Engineering Student Stationery from India. The company owes its leading position at home and worldwide to its constant conviction in achieving excellence through innovate designs and technology, its extensive product range for many diverse target groups and its well-known brand name OMEGA. The company firmly blends its core values of customer delight, commitment, innovation, teamwork and responsibility in all its functions and services.

    We at PAPER AND STATIONERY SAMACHAR recently had an opportunity of one on one chat with the dynamic Managing Director of the company- Mr. Pradeep Singh Marwaha.

     

     

     

    PSS: Could you please elaborate on the various businesses that the company is involved in?

    Pradeep ji: The company is mainly involved in 5 vertical businesses-

    • School and office stationery

    • Educational toys catering to global market.

    • Parts of home appliances for industries like Kenstar, Maharaja, Bajaj, Crompton Greaves etc. AND

    • Pens, which we have recently launched Our core business is to design and manufacture Moulds. Both for pan India market and for exporting to countries like Taiwan, Germany andthe US. This is a separate profit making enterprise.

    PSS: What I hear is that usually Korea is the “The Destination” for businesses - both Indian and Foreign for outsourcing their Dies and Moulds especially for stationery and office supplies Industry. It is so good to know that your company offers Premium and Export Quality Tools and Moulds with Make in India Factor. Can you please brief us about the machinery, technology and infrastructure that enables you to develop and maintain such a wide variety of SKUs and offer customized Tools for OEMs?

    Pradeep ji: We have hi-tech manufacturing units in Daman and Baddi. They are equipped with sophisticated, computerized machines, state-of-theart dies & moulds. All our products are designed and developed in-house. This enables us to respond quickly to the market changes. There is a dedicated tool room at Kandivali, Mumbai for the production of dies and moulds. We also specialize in developing CUSTOM MADE products as per customer’s requirements in terms of design, size and brand name etc. Using the latest in high speed robotic technology, shorter cycle time can be achieved with optimum productivity at very competitive prices to our customers. We continuously strive to improve our products & re-engineer our processes and services to increase efficiency & effectiveness to achieve excellence internally & externally.

    PSS: To which countries are your products exported? What is the export percentage?

    Pradeep ji: We have a global network encompassing 32 countries in Middle East, Asia, Africa, Far East, Europe and Pacific. The educational toys are marketed with our brand name and as OEM’s brands. Export percentage is between 30-35%.

    PSS: Owing to your extensive experience, what difference have you observed in Indian market and foreign markets in terms of quantity and quality requirements of the customers?

    Pradeep ji: There is a considerable difference between the two in terms of the quantity ordered. Unlike in India, the products are ordered in bulk in the foreign countries. We ensure that only the best raw materials are used in all our manufacturing processes. Every batch of raw material is sampled and analyzed by QC department. Our products are independently tested and meet International Safety Standards. 60% of our products are marketed at home and abroad without making any change. However, 40% products that are marketed internationally are not for Indian market. They are CUSTOM MADE products as per customer’s requirements in terms of design, size and brand name etc.

    PSS: How is the distributorship of you company managed? How do you keep them motivated?

    Pradeep ji: (laughs….) Well, I would not like to elaborate a lot on this as its meant to be a secret amongst the corporate. Nevertheless, all efforts are made by the dedicated team who looks after the distribution process to ensure that our products are marketed in every nook and corner of the country. We strive to keep our distributors happy by introducing various promotional schemes and benefits.

    PSS: What about the Corporate Buyers or Government tenders or orders. Do you have separate team for such a network?

    Pradeep ji: We do not go in for orders from the government sector. However, we do have corporate clients through our dealers only. There is no separate department for this.

    PSS: There is a spurt in online trade in our country. Is your company also involved in online trade? If yes, then what is the percentage of it?

    Pradeep ji: Hmmm…Though almost all our products are available online, we are not directly involved in online trade. But yes! our products are available online through our dealers and distributors. Online trade is quite complex and cumbersome. We would rather invest our time in bringing high quality products that increase customer value through innovation, technology and responsible manufacturing practices. For online sales, we do encourage our dealers and distributors to use the platforms efficiently to exceed their targets.

    PSS: Has Make in INDIA push, promoted by the PM Modi generated any additional benefits?

    Pradeep ji: Well! There is no visible change as such in our industry, as of now but I agree it is a good initiative. If efficient policies are made and effectively implemented for the manufacturing sector, then I believe there is no dearth of entrepreneurial spirit and innovative streak in the Indian businessmen.

    PSS: What is the role of GST in the domestic trade whether it is same on the raw as well as finished products or different?

    Pradeep ji: The GST is same on both i.e. the raw materials and finished products. It is 18% and hurting the industries. When the recent approach of the government is to make educational product affordable and easily accessible , this increased GST hampers the smooth trade. Earlier when there was no GST, the Sale-Tax was much lower, and there was no Excise tax on the products. Now under the new GST Tax has made the product more expensive. For example in the case of pen earlier the Sales Tax was 4% but now it is 12% so that has become more costlier.

    Despite the role back by the government from 18% to 12% it is still too high for the stationery industry. Another example to substantiate this high taxation can be cited is that of a File. A Plastic File can be used both in the Corporate Sector as well as Education. There are many such stationery products that cannot be categorised. The GST Rate on stationery products should be such that these products become affordable and at the same time prevent the illegal trade in this industry. Such a high GST Rate does not make a level playing field for all and the sincere manufacturers and traders lose business. Local industries and those relying on illegal means do better in this situation.

    PSS: China has large number of innovative products besides it also produces for European market. How has it affected you?

    Pradeep ji: We are not affected by the presence of Chinese products in the international market.We have a highly qualified and experienced R&Dteam and well equipped infrastructure to develop new products in short span of time. Also we have integrated advanced automation in the production line to meet not only high quantity requirements of our clients as well as small batches for initial product launches.

    PSS: Do you have any suggestion for future entrepreneurs?

    Pradeep ji: Today the market is changing rapidly. One needs to have a range of innovative products and a zest to compete in a price sensitive and competitive market. Also one needs to understand the huge complexities of distribution channels that arise out of the diversity of culture in India as you move from one state to the other. (Smilingly, he further adds) I’d like to say that it is a fun industry. Your customers will keep you guessing and your competitors will always keep you on your toes. So everybody is welcome but better do your homework first and come prepared.

    Fri, 17/08/2018

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