Xerox To Bring Novel Printing Tech To India Rachana
Khanzode
Posted online: Monday , April 14, 2008 at 2219 hrs IST
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Mumbai, Apr 13 In a bid to tap the Indian digital printing market,
that is expected to grow to $177.3 million by 2012, Xerox is all
set to bring its “laser colour continuous feed technology” in India
. The $17 billion technology and service company will launch this
technology simultaneously in India and Drupa 2008, the world print
media trade show, in Germany in October this year.
The technology will enable high definition work such as printing
of 1,300 pages per minute. Currently, in India such high speed printing
technology is available only for black and white printing but the
launch of this technology will enable colour printing too. Vipin
Tuteja, executive director, Xerox Production Systems, Xerox India,
said, “The high speed equipment and technology will enable much
more economical colour printing. This is basically targeted towards
transformational printing which is used in various formats. For
example, in mobile bills, a number of advertisements could be placed,
depending on the space and a single operator might have millions
of subscribers who get their bills regularly.”
Xerox already has a print market share of 70% of the telecom bills
in India and 90% of statement and cheque book printing for private
sector banks. There are about three million people employed in the
digital printing industry and with the industry expected to grow
about 12% CAGR, the employment is expected to grow by 7-8% CAGR.
With an outlook to have trained manpower in the industry, Xerox
has helped the Karnataka State Printing Association set up the Xerox
KSPA training centre in Bangalore . Tuteja adds, “Since the industry
is basically driven by family businesses, there is a lack of awareness.
We wanted to develop the talent by training people so that they
can be creative with data, customisation and colours.”
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