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India-based Kumar Labels and UAE-based Delta Group announced the formation of a joint venture, Delta & Kumar Labels.
On its first overseas joint-venture Anuj Bhargava, chief executive officer, Kumar Labels, says, “We have been eyeing middle east as a prospective market for a long time now. With all top brands and best product decoration techniques used, it is the dream market for a printer."
While the Indian market is witnessing a string of consolidation and mergers, both Kumar Labels and Delta Group are on an expansion spree. The new printing facility is equipped with one eight-colour flexo printing press and complete arrangements of finishing equipment. The new printing facility is spread in an area of 5000 sq. ft. with expansion possibilities of another 5000 sq. ft. Delta Group is one of the biggest printing groups in Dubai and has offset, digital, screen, and wide-format under one roof.
More than two decades experience in printing business, Jalaluddin of Delta Group says, “Delta & Kumar Labels’ next target is to capture the market in Africa continent for labels. We already have established a marketing office in Tanzania, and Bhargava and I will attend Labelexpo Brussels 2013 to see the latest development in label printing industry."