Shilp Gravures acquires Vadodara-based firm

May 21st, 2008 - 3:16 pm ICT by admin  

Ahmedabad, May 21 (IANS) Shilp Gravures, a city-based player in electronically engraved rollers for the printing industry, has diversified into processing of printing plates for digital flexography by acquiring a Vadodara-based firm for Rs.32 million. The company has acquired A Consultants which is in the business of processing plates for digital flexography and intends to establish facilities Ahmedabad, Pune and Delhi over the next two years, according to Shilp Gravures managing director Ambar Patel.

Company officials said Shilp Gravures has a client base of 300 firms in India and abroad and commands a 25 percent market share in the country for electronically engraved rollers used in flexible packaging, printing, decorative laminated sheets and PVC flooring.

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