Financial Daily from THE HINDU group of publications Friday, Dec 10, 2004 |
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Corporate
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Outlook Pragati(Hyd) upbeat on BPO in printing solutions sector Our Bureau
Hyderabad , Dec. 9 PRAGATI Offset Pvt Ltd is bullish on business process outsourcing opportunities in the printing solutions arena for the Indian companies, according to its Chief Executive Officer and Joint Managing Director, Mr Paruchuri Narendra. He was addressing newspersons here on Wednesday to announce the latest award bagged by the company, the South African Pulp and Paper Industry (SAPPI) Trading Printer of the Year. According to him, the US printing solutions industry with an estimated market sized of over $220-billion, the fourth largest industry in the country, is actively looking for outsourcing the printing services from the Asia Pacific Region, especially from the Indian printers. "Even if a meagre 5 per cent of the US industry opts for outsourcing, the opportunity for us would be in the range of $11 billion in the next 3-4 years," Mr Narendra said. Pragati Offset has won the best Asian Printer Award four times consecutively since 2001 and four Gold Awards under different categories during this year. Mr Narendra said that Pragati has started a new packaging unit to offer high quality packaging solutions to clients in view of the rapidly growing market opportunities. The company is currently in a position to take overseas orders, submit the proofs, complete the printing and ensure supply through air cargo in just 7 days from accepting the printing order, he added.
More Stories on : Outlook | Printing | Awards & Honours | Outsourcing | Andhra Pradesh
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