Indian firm Rajoo Engineers has entered into a 60:40 joint venture agreement with the Netherlands based Meaf Machines in a bid to address the emerging demand for semi-flexible packaging systems.
“The concept of barrier packaging materials for semi-flexible containers, especially disposable containers, is yet to gain momentum in India. However, the strong global demand for semi-flexible packaging and an extremely promising future motivated us to partner with a forward looking company as Rajoo Engineers to build robust and quality solutions in India; this would significantly enhance the value proposition of every buyer in India and beyond,” said, Ardjan Houtekamer, Technical Director, Meaf Machines.
The joint venture company will cater to customers in India, and other ASEAN countries, East, West and North Africa.
Khushboo Doshi, Director, Rajoo Engineers, said, “A new technology always excites us. After a track record of three successful partnerships with technology leaders, this joint venture with MEAF will allow us, once again, to bring world class cutting edge technology to the shores of India.”
“The long standing industry demand of energy efficient sheet extrusion and thermoforming with stacking that too at affordable prices is now a reality, Doshi added.”