New Delhi, Sep 2 (BVI) German company Siegwerk, the global leader in printing inks and coatings for packaging, is planning to invest Rs 350 crore to expand its operations across India over the next 3 years, it was officially announced today.
The funding will be channelled into scaling Siegwerk’s Global Innovation and Capability Center (GICC) in India, a strategic hub for end-to-end innovation, it said.
It will also bring in world-class R&D infrastructure to develop high performing solutions, delivering high standards in safety and circularity, the company said in a statement.
Siegwerk’s India GICC will serve as a unified platform for global R&D, combining innovation, regulatory compliance, digital operations, and customer support to accelerate the development and delivery of high-performance, sustainable inks.
The expansion includes National Distribution Centre in Tauru and Siegwerk’s 14 Colour Matching Centres (CMCs) cum warehouses covering pan India, giving unmatched service levels to our customers.
These facilities now offer improved production capacities and faster turnaround times, alongside advanced safety and inventory systems.
They also support Siegwerk’s comprehensive portfolio of solvent and water-based inks for all packaging applications – Flexible Packaging, Sheetfed, Narrow Web, Paper and Board – formulations known for high colour strength, fast print speeds, and recyclability.
The investment is future-oriented, aimed not just to meet current regulatory benchmarks, but to go beyond compliance by pioneering next-generation, safe and sustainable ink solutions that anticipate the needs of tomorrow’s packaging industry, the company said.
The multi-city expansion includes a strategic mix of new infrastructure, facility upgrades, and digital integration across Siegwerk’s existing footprint. (BVI)