Uteco, a manufacturer based in Verona specialized in printing and processing machines for the packaging sector (flexible packaging in particular), expands into the Indian market thanks to a partnership with Kohli Industries of Mumbai.
The partnership will involve the production of two lines of printing machines, both based on Uteco ELS (Electrical Shaft Technology). The Italian manufacturer will thus be able to offer rotary printing machines (V-Press 300 and E-Press) utilizing its in-house technology and under its own brand, making Italian quality products available to customers on a limited budget thanks to the reduced costs of production in India.
The success of this venture affirms the active participation of entrepreneurs from Veneto in southeast Asian markets. There is a very strong internationalization push toward India, where companies from Veneto have recorded +30% in exports and a business volume of over 320 million euros.