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Krishnagiri to get printing cluster

R. Arivanantham

Photo: N. Bashkaran.

A multi-colour off-set machine at a leading printing press in Krishnagiri. —

KRISHNAGIRI: A printing cluster is likely to be set up in the industrial estate in Krishnagiri.

The cluster, an initiative of the Krishnagiri District Master Printers Association (KRIPA), will safeguard the interests of 1,500 single offset and screen printers in the district.

The project was conceptualised by KRIPA to keep pace with the latest technology and help small printers avail of it at the Special Purpose Vehicle (SPV) called Krishnagiri Print Private Limited. The SPV will be established at a cost of Rs. 9 crore in the industrial estate in the district headquarters.

Ajanta Press proprietor K. Ragavendaran has been appointed Managing Director of the SPV.

Mr. Ragavendaran told The Hindu on Friday that the SPV had a membership of 36 micro enterprises and was registered as a private limited entity with an authorised capital of Rs. 1.5 crore. It would invest 10 per cent of the total cost of the project and the balance amount would be funded by the Micro and Small Enterprises-Cluster Development Programme of the Micro, Small and Medium Enterprises (MSME) of the Centre.

The cluster with the latest technology will usher in 1,500 and odd micro-level offset printers and screen printers in the district. This will help the micro enterprises to compete with leaders in Bangalore and Sivakasi in Virudhunagar District and safeguard the livelihood of over 10,000 employees working in these units.

The facilities at the SPV can be utilised by non-members too who do not have adequate resources to contribute to necessary equity capital.

Mr. Ragavendran said the project was supported by the District Industries Centre, Department of Printing Technology, Anna University, Institute of Printing Technology, Chennai, Tamil Nadu Master Printers' Federation and Master Printers' and Lithographers' Association.

The proposal on the printing cluster project will be taken up at the 24th steering committee of the Micro and small Enterprises Cluster Development Programme (MSE-CDP) in New Delhi on December 24.

A proposal by Hosur Small and Tiny Industries Association (HOSTIA) for a common facility centre, called Hosur Small, Micro Engineering Components (HOSMEC), to meet the needs of automobile components of Hosur will also be discussed at the meeting.

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