VK Global Publications brings Rave Scans back to life
Nosotros recently [in Nov 2020] spoke with Rohit Jain of VK Global Publications, one of the land's leading textbook publishers based in Faridabad. The publishing group was founded by Rohit Jain'southward elder blood brother, Rahul Jain, and father Tardily Professor TR Jain, a well-known instructor of economic science and writer. Professor Jain's economics texts, including Macroeconomics, Indian Economical Development, and several titles in economics have, over the years, get amongst the most prevalent and widespread textbooks on the subject. They are prescribed in CBSE schools, college, and academy courses throughout the land, as are many of the other books co-authored by TR Jain and specialist co-authors in microeconomics, belittling techniques, and statistics.
Since 1979, VK Global has published some of the most widely used economics and commerce textbooks at the schoolhouse, college, and academy levels in the land. Condign a large, modern, and forrard-looking publisher, in 1999, information technology launched a children's book offshoot called Time to come Kids Publications. An exhibitor at the Frankfurt Book Fair since 2006, it is heartening to see that the textbook publisher acknowledges its authors and publicly praises them as its greatest resource.
In our brief interaction with Rohit Jain, we could run across that the company is forward-looking, flexible, and ready to diversify to grow the business. The company also comes across as straightforward and business-like – directly and swell to develop. In this procedure and keeping in mind that some other generation was inbound the family unit-owned business, VK Global acquired Rave Scans in October 2018, in the Visitor Constabulary Tribunal resolution proceedings. Some of our readers may remember that Rave Scans was the start case referred to the newly established Company Law Tribunal to help with the restructuring of insolvent companies.
Rave Scans was a somewhat high-flying and fast-growing commercial beginning printer that began in 1993 as a prepress house in the Naraina industrial area in W Delhi. After a decade, it chop-chop became a commercial printer acquiring several brand new multicolor Heidelberg presses most every year and bookbinding equipment from Muller Martini.
Afterward, it expanded to packaging and prepare a plant in large premises in Manesar just beyond Gurugram, adding a new Heidelberg 6-color coater full UV press with common cold foil unit. It as well installed a total-sheet Ten-Y scanner for quality command and make new converting equipment from Bobst and other suppliers. At the same fourth dimension, information technology entered the rigid box segment with equipment from Italian supplier Emmeci. Alas, this fourth dimension, the rapid expansion defenseless upward with the over-leveraged promoters, and Rave Scans was declared insolvent by its creditors and referred to the newly formed National Company Law Tribunal.
The successful revival of Rave Scans
VK Global Publications has successfully brought Rave Scans back to life and into profitable product with the prospect of structured and systematic growth in the coming years. It has shut the bounds in Naraina in W Delhi for the time being and brought all the prepress, printing presses, and binding equipment from there to the much larger Manesar plant. Information technology uses as many every bit seven of the multicolor presses and the binding capacity for its publications and other publishers and commercial work.
Meanwhile, packaging diversification has also gained traction with the VK Global Group'south timely financial and managerial inputs. Notably, the side by side generation of the Jain family i.e., Nikhil and Namit run the Rave Scans constitute in Manesar and accept built a respectable clientele of FMCG and pharmaceutical brand owners. It has entered other niche areas in packaging by creating optically agile surfaces using holographic films and Fresnel lenses, developing unique registered patterns tailored to customer needs. This is a project that VK Global started in 2014 and has been catering to the international market place since. In fact, recently they accept been jointly awarded the India Star 2022 National Laurels for Excellence in Packaging.
The luxury hard-box making equipment has been consolidated in the Manesar bounds and produces gift boxes for the well-known confectionery and sweets manufacturers.
Making proficient assets productive
Rave Scans always had proficient technology in the prepress, pressroom, and binding, finishing and converting sections. The new owners have successfully diversified to both commercial and packaging press with the large bombardment of Heidelberg presses, including the B2 6-color plus coater UV press that they caused. The Bobst Novacut die-cutter and Bobst Vision folder have worked productively in the converting department. The visitor has also added the recently launched Bobst Ambition 106 A2 folder-gluer to the converting section in October itself.
The Rave Scans prepress is driven by Kodak's Prinergy Evo refine and output RIP, Batch for packaging trapping, and Preps for step and repeat. The company uses Prinergy's Printlink for sending CIP3/4 data to the printing panel for quick makereadies, Dotshop for security printing, and Staccato 25 for FM screening applications. All the prepress solutions drive the Kodak Trendsetter CtP. The company uses Kodak's AEM plates and chemistry for commercial and publishing printing, which it bakes. For packaging, information technology uses environmentally friendly Sonora X process-free plates without baking. The Sonora 10 negative working plates accept been delivering splendid print lengths for packaging with both conventional and UV inks.
Despite the pandemic hugely affecting their textbook publishing business, the new owners have great commercial depth and concern apprehending. They believe in strong supplier relationships wherever possible. They have maintained a steady class during the last twelvemonth cheers to their successful takeover of Rave Scans and turning it into a viable commercial, packaging, printing and converting business organization.
This article has been republished on the Packaging Due south Asia website from the November 2022 print issues of Packaging Southern asia and Indian Printer and Publisher.
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Source: https://packagingsouthasia.com/application/bulk-packaging/vk-global-publications/
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