08 May 2017
Zircon Technologies has invested approximately 7.5 million USD in a new plant in Dehradun, India, and in the expansion of its existing facility. It has also shifted its Chennai plant to a bigger space of 18,000 sq ft. The company now aims to clock a turnover of 30 million USD by March 2020.
This investment includes installation of a new 12-color 17-inch Mark Andy Performance Series P7 printing press and the third Omet press, a 10-color 14.5-inch Xflex X4, in Dehradun in 2016. A 17-inch Rotoflex VLI 430 and a VSI 330, both with 4k Nikka cameras, have also been installed at the factory. A 10-color 13-inch Mark Andy Performance Series P7 press, along with a Rotoflex VSI 330 with Nikka 4k camera, will be installed at one of the company’s plants later this year. Two Xeikon 3500 20-inch digital presses and SPGPrints rotaLEN direct laser engraver, both signed during Labelexpo India 2016, are also a part of this investment.
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