Siegwerk plans to invest INR 350-crore in India over three years

This strategic move positions India as a central hub for Siegwerk's global growth and innovation, aligning with India's "Viksit Bharat" vision.

The investment will focus on scaling Siegwerk's Global Innovation & Capability Center (GICC) in India. This GICC will serve as a unified platform for global R&D, encompassing innovation, regulatory compliance, digital operations, and customer support. It aims to accelerate the development and delivery of high-performance, sustainable inks, with a strong emphasis on safety and circularity.

Beyond the GICC, Siegwerk is also strengthening its national distribution network. This includes the expansion of a National Distribution Centre in Tauru and upgrading its 14 Colour Matching Centres (CMCs) and warehouses across India. These facilities will enhance production capacities, reduce turnaround times, and incorporate advanced safety and inventory systems, ensuring unparalleled service levels for customers.

Siegwerk's commitment extends to pioneering next-generation, safe, and sustainable ink solutions, proactively moving beyond current regulatory benchmarks. The company has a strong track record of phasing out harmful substances like mineral oils and toluene.

The multi-city expansion involves a strategic mix of new infrastructure, facility upgrades, and digital integration across Siegwerk's existing footprint, which will also contribute to their over 1000-strong workforce in India. This reflects Siegwerk's long-term commitment to building a locally anchored, innovation-driven manufacturing base in India. Furthermore, the blending facility in Pune has been expanded and upgraded with advanced automation, reinforcing a sustainable supply chain amidst growing demand for water-based inks.

Ashish Pradhan, president, Siegwerk Asia, emphasised India's vital role as a growth market and the GICC's importance in their international growth strategy. Manjusha Singh, CEO, Siegwerk India Region, highlighted the investment's role in shaping the future of packaging in India by pioneering safe, mineral oil-free inks and advancing responsible manufacturing.

Siegwerk's expanded distribution network and upgraded production units are designed to fuel consistent business growth of 8-10% annually while adhering to global sustainability standards. The company is also investing significantly in workforce training, digital tools, and sustainable practices, aiming to create a future-ready ecosystem that supports both customers and broader industry goals.