DCC Group, Mumbai, India, recently announced the acquisition of Grafica, although 3Q Printing Technologies Pvt. Ltd. will remain the majority shareholder.
DCC Group aims to make India a global manufacturing hub for printing machines and related products, according to the company. A new product line of printing equipment will be launched with new technology using printing machines manufactured by 3Q.
“We are working towards establishing a strategic alliance based on DCC and 3Q’s combined strength,” says Narendra Dadia, group chairman, DCC Companies. “It is a historic moment for us and we’re committed to deliver unique value through our solutions.”
The Kaizen Institute of DCC and the DMI Institute of Grafica will merge as 3Q’s KAIZEN Institute for print education, research and training. With combined resources and infrastructure, KAIZEN aims to contribute significantly to the printing industry by providing services such as consulting, auditing and training for existing printing companies to achieve better efficiency and profitability, according to the company.
“With an intent to make India self-reliant, the company will live by the highest global quality standards,” says Bhargav Mistry, managing director, 3Q. “Our mission is to achieve a powerful manufacturing space in printing equipment for textile, commercial, graphic and industrial printing. We also aim to meet the phrase ‘Be Vocal about Local,’ we will ensure the strengthening of Indian resources while eyeing the global export market.” — D.S.
Mimaki USA, recently announced TRAPIS, a next-generation digital transfer sublimation printing system that makes textile production more environmentally friendly.
FULL STORY
A4, manufacturer of premium sportswear and team uniforms, is now making all its most popular apparel, and the vast majority of its line, with recycled polyester.
FULL STORY
Per the global market-research firm Repot Prime the global direct-to-garment (DTG) printing machine market is expected to grow $710 million by 2030.
FULL STORY