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November 13, 2010
IPP – How do you see the Indian market for the 4 x1 towers going forward? How many lines, and towers do you think this market can absorb in the next ten years?
Pradeep Shah – The market for 4 x 1 towers in India will probably remain strong due to the increasing circulation and print runs of daily newspapers. As India is not a collect market, it is extremely useful to have a 4 x 1 press to print larger volumes for page counts below 32 pages. In the first year that we have launched our press we estimate selling between 12 to 15 towers a year, and we assume that this would stabilise in our market in the region of 16 to 20 towers annually.
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