Zircon targets Rs 100-cr turnover

​When Zircon Technologies took baby steps in the industry in 2006, it was simply another new entrant in the business. However, since then the label printing company has been growing at a CAGR of 40%. Today, the multi-city label firm is targeting a turnover of Rs 100-crore by 2015. Rahul Kumar visits Zircon’s mother plant in Selaqui, Dehradun to find out the essence and secret of its success.

Zircon Technologies India is one of the fastest growing label print firms in the country, clocking a compound annual growth (CAGR) of 40%. Sanjeev Sondhi of Zircon, which consists of three core divisions, says, “We want to touch a turnover of Rs 100-crore by 2015 in label printing segment.” He adds that once the target is achieved Zircon will hold five percent market share of the total label industry, which according to his estimates is around Rs. 2,000 crore (though according to our estimates it is Rs 3,000-crore).​​