An Overview of India
- India has a population of 1.366 billion.
- Capital: New Delhi
- Official Language: Hindi
- Total Area: 3.287 million km²
- Currency: Indian rupee
Economic Statistics of India
- India has reached a GDP of 2.869 trillion USD. Its largest industries are
- The breakdown of India GDP Composition includes
- Service (51.81 %)
- Industry (14.16 %)
- Agriculture (51.81%)
- The main importers of India’s goods are
- United Arab Emirates (9.3 %)
- United States (17%)
- Hong Kong (3.6%)
- Singapore (3.4%)
- While the main exporters to India are
- United States (6.92%)
- United Arab Emirates (5.92%)
- Saudi Arabia (5.54%)
- Iraq (5.34%)
The Printing Industry in India
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- As the economy in India has grown, there is an increased need to buy printers, consumables such as inks and makeups and cleaning solutions.
- India is quickly establishing itself as a major print producer and manufacturer of printed paper products for international markets. Quality standards are significantly improving, and massive production facilities have been developed. Most printers have been awarded for their work by winning awards at international printing competitions.
- The estimated annual turnover of the Indian printing industry, including all parts, is more than Rs.50,000 crores. That's about $11 billion in US dollars.
- Over 250,000 printing companies make up India's printing industry, which is rising at a rate of 12% per year. The company's current annual revenue exceeds INR 50,000 crores (US$11 billion). India has the most printing presses of any country in the world.
- As a result, more people in India are looking for printers for sale whether from domestic sources or via imports.
The Packaging Industry in India
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- This boosting economy in India will continue to drive demand for industrial inkjet printer, printing equipment, printing parts, printing consumables such as inks, make ups and cleaning solutions.
- The packaging industry is India's fifth largest economic market. The Packaging Industry in India is segmented by Paper and Paper Board (Product Type, End-user Industry), Glass (End-user Industry), Plastic (Material Type, End-user Industry), Metal (Material Type, End-user Industry).
- In 2019, India's packaging industry was worth USD 75.95 billion. By 2025, it is projected to cross USD 103.32 billion. Over the projected period of 2020–2025, this is expected to grow at a CAGR of 5%. The packaging industry in India is growing at a rate of 24 to 27 percent per year, as per the Packaging Industry Association of India (PIAI).
- The demand for packaging is growing as a result of population increase, rising income levels, evolving lifestyles, increased media penetration across the internet and television, and a growing economy. Furthermore, it is one of the fastest-growing industries in the country.
The Manufacturing Industry in India
- Manufacturing has grown into one of India's fastest-growing industries. Mr. Narendra Modi, India's Prime Minister, launched the "Make in India" initiative to put India on the map as a manufacturing hub and to offer the Indian economy international recognition. By 2022, the government plans to generate 100 million new jobs in the industry.
- According to the annual national income reported by the Government of India, the manufacturing sector in India expanded at a CAGR of 5% between FY16 and FY20 at basic current prices. In FY20PE, the sector's GVA was projected to be US$ 397.14 billion at current prices.
- In October 2020, India's manufacturing sector improved for the third month in a row, with companies raising production to the highest level in 13 years while experiencing solid sales growth.
- Hence, India’s expanding manufacturing sector has increased demand for printing and industrial ink such as Videojet ink, Inkjet refills, and Hitachi parts.
Sea Ports and Trading Hubs of India
Camainks uses the port of Mumbai when exporting printing products to India.
- Mumbai Sea Port (Maharashtra)
- Kandla Port (Gujarat)
- Nhava Sheva /Jawaharlal Nehru Port (Maharashtra)
- Visakhapatnam (Andhra Pradesh)
- Marmagao Port (Goa)
For importing Inkjet printers, Citronix printers, Videojet inks, and other spare parts, Camainks uses the largest port of Mumbai when exporting to our clients in India. We have exported items such as inkjet printers, CIJ printers, laser printers, and specialized brands of printer consumables including:
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- Videojet inks
- Domino inks
- Citronix cij inks
- Other printer spare parts
What Printers and Ink Do India Import?
Although India does have some manufacturers for printers and ink like Risograph ink and Domino Inkjet printer, India still needs to import from countries such as China, United States, United Arab Emirates, Saudi Arabia, and Iraq. This demand for importing printers and ink in India is due to its fast-growing economy. Some printers, ink, and related consumables that India imports from these countries include,
- Inkjet Printer
- Continuous Inkjet Printer
- Citronix Printers
- Domino Printer
- Videojet Printer
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- Hitachi Parts
- Linx 1512 Solvent
- Risograph Ink
- Laser Marking Machine
What Regulations Are There on Importing Printers and Ink to India?
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- Capital goods can be imported at reduced duty rates with a license under the Export Promotion Capital Goods plan (EPCG), but only if a time-bound export requirement is met. All industry sectors are now covered by the EPGC plan. On payment of a 5% customs tax, it is also applied to all capital goods with no threshold limits.
- Import licenses must accompany all import documents. Customs will be able to clear the documentation and enable the import to proceed without delay as a result of this.
- Rule 18 governs the import of dangerous chemicals into India. Any importation of those chemicals that satisfies Part I of Schedule I and Column 2 of Part II requirements is deemed hazardous. Any individual importing such hazardous chemicals must notify the authorities 30 days before the import date, but not after the import date.
- Because inks contain hazardous chemicals, it is important to follow India’s import regulations.
Why Should India Import Printers and Ink?
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Availability - The local industry has limited capacity and some clients in India require printers and ink promptly.
High Product Cost - Given the domestic competition in India, printers and the continuous ink supply are more expensive to buy domestically than on the world market.
Product Quality - While most international suppliers have a good brand reputation and quality, some smaller domestic manufacturers in India can have variant product quality.
Where Can I Buy Printers and Ink for India?
If you are looking for individual use printers and inks, there are many domestic manufacturers and distributors available in India. However, if you looking for large quantities of inks, make ups and cleaning solutions, Camainks has been exporting print products such as Videojet ink, Linx printing technologies, and markem imaje 2200 to clients in India. Feel free to contact us at [email protected] or WhatsApp us at +86-131-2037-9271 for a FREE quotation.
We also ship worldwide; for other countries, check out our experience here.