Ronak Panchal: Revolutionizing India’s Printing Machinery Industry with Newtech Machines and a Vision for Automation-Driven Growth
The printing machinery sector is an enabler for a vast array of industries, from packaging and textiles to advertising and manufacturing. Think about the labels on your favorite products or the graphics on everyday packaging—all brought to life by printing machinery. It's a multi-billion-dollar global industry that touches nearly every consumer good we come across.
At the forefront of India's printing machinery manufacturing
stands Newtech Machines, a reliable
name in the industry for decades. Spearheading the company's operations is Mr. Ronak Panchal, the director and current
owner, who took the helm in February 2020 after the passing of his father, the founder, in 2018. With
a bachelor's degree in mechanical engineering from California State University,
Los Angeles, Mr. Panchal brought a fresh perspective to the established
business. Under his leadership, Newtech Machines, based in Gujarat, has not only upheld its reputation for producing
high-quality screen printing and heat transfer machines but has also witnessed
significant growth. The company's commitment to using superior raw materials
and its established market presence has positioned it as a leader in India,
with a growing international footprint, particularly in Dubai and other regions.
Newtech Machines specializes in
manufacturing a comprehensive range of printing machines designed for various
applications, including round, square, flat, and rectangular articles. Their
expertise extends to both cylindrical and flat article printing, catering to industries
from paint and household goods to packaging and beyond. The company prides
itself on producing user-friendly and durable machines, a reputation built over
three decades of operation.
In the spotlight is founder Mr. Ronak Panchal in an interview for
our prestigious “The 10 Most Trusted
Printing Machinery Manufacturers 2025" edition. Learn from his
insights and valuable lessons as an entrepreneur to excel and make it the best
company. Stay tuned and know his tale of success.
Prime Insights: What inspired the founding of the company,
and how has its journey evolved over the years?
Ronak Panchal: Well, it was
really about following in my father's footsteps. Even when I was young, I
always looked up to him and wanted to join the business and become the kind of
man he was. Taking on the responsibility to carry forward his legacy and expand
the business has been a driving force. My motto is also to introduce American
technologies, particularly robotics, to India and see our business grow. Since
joining in 2020, the journey has been one of significant growth.
Prime Insights: What key factors differentiate the company
from others in the printing machinery industry?
Ronak Panchal: We've been in
this business for three decades now, giving us a significant edge. Many of our
competitors have followed our lead, but we pride ourselves on being the
original innovators. We consistently use high-quality raw materials, and over
the years, we've captured a substantial portion of the market. Major players,
not just in paints like Asian Paints and Berger Paints, but also across
household goods and various other sectors requiring printed containers and
products, often prefer our machines. Our equipment is known for its reliability
and ease of operation, making us a leader in the field.
Prime Insights: What are some of the major milestones the
company has achieved to date?
Ronak Panchal: Looking back at
our journey, we've achieved some significant milestones. One that stands out is
our successful expansion into the Dubai market. Over the past five years, we've
focused on establishing a strong presence there, and I'm proud to say we've
effectively captured a substantial portion of the Dubai market for our printing
machinery. This international success, alongside our continued dominance in
India, highlights our ability to adapt and thrive in different business
environments. Building such a strong foothold in a key global hub like Dubai is
a major achievement for New Tech Machines.
Prime Insights: What challenges has the company faced in
its journey, and how were they addressed?
Ronak Panchal: In our journey,
particularly when I stepped in, one of the main challenges was transitioning
from my father's established machine designs to incorporating more advanced,
American technologies. This involved significant changes to the machinery
itself. Overcoming this wasn't easy; it required a lot of dedicated hard work
in research and development, constantly designing and refining the machines to
integrate these new technologies effectively while ensuring reliability and
performance. It was a period of intense effort, but ultimately crucial for our
growth and modernization.
Prime Insights: What is the company’s mission and vision,
and how do they influence its overall operations?
Ronak Panchal: Our mission is
to revolutionize the printing machinery industry by integrating advanced
robotics into our manufacturing, aiming for fully automated and optimized
production, thus reducing reliance on manual labor. This vision heavily
influences our current operations, as we are actively in the process of
researching and implementing robotic technologies within our production lines.
Prime Insights: How does the company maintain high
standards of quality in its products and services?
Ronak Panchal: Maintaining
high quality is paramount at New Tech Machines. We achieve this by strictly
adhering to the use of superior raw materials in our manufacturing processes.
We firmly believe in not compromising on the quality of the components that go
into our machinery, ensuring the durability and performance our customers
expect.
Prime Insights: What role does innovation play in the
company’s growth and product development?
Ronak Panchal: Innovation is
the lifeblood of New Tech Machines' growth and product development. We are
deeply invested in it. As we aim to reduce labor and introduce robotics and
automation, innovation is not just a part of the process; it is the process. It
drives how we integrate robotics for optimized production and develop more
sophisticated, automated machinery. I currently oversee a dedicated team of 45
employees, and fostering an environment that embraces new ideas and
technological advancements is a top priority. We strive to be at the forefront,
offering cutting-edge solutions to our clients.
Prime Insights: How does the company build and sustain
strong relationships with its clients or customers?
Ronak Panchal: Having been in
the market for so long, we've covered it. When businesses think of printing
machines, New Tech Machines is the name that comes to mind. My father's work
laid a strong foundation, and now, our consistent good service ensures our
clients remain loyal. We're the established leaders in screen printing and HTL
machines, and our customers' continued preference speaks volumes about the
relationships we've built and sustained over the years.
Prime Insights: What are the company’s future goals, and
what strategies are in place to achieve them?
Ronak Panchal: Our future
goals at New Tech Machines are centered around bringing cutting-edge
advancements to the Indian market. This includes integrating robotics for
optimized and faster printing processes, alongside introducing more
sophisticated technologies. My primary focus right now is on the design and
development of these next-generation machines. A key strategy we're actively
pursuing is the upcoming launch of a fully automatic machine, potentially with
integrated robotics, capable of printing taper containers. This will be a
significant step towards our vision of automated and highly efficient printing
solutions.
Prime Insights: How does the company contribute to social
responsibility and community development?
Ronak Panchal: Regarding
social responsibility and community development, our primary engagement is
through our annual participation in printing machine exhibitions. While we
don't organize these events ourselves, our presence allows us to showcase
advancements in the industry and connect with a wider community within our
sector.
Prime Insights: How does your company support the ongoing
learning and development of its employees?
Ronak Panchal: With our
close-knit team of 45, continuous learning happens organically through strong
teamwork and daily collaboration. We prioritize a supportive environment where
employees learn from each other's experiences as we work together to build
high-quality machines. This constant interaction and shared knowledge are
essential for our collective growth and the company's success.
Prime Insights: What are the core values that define the
company’s culture and approach to business?
Ronak Panchal: Our core values
at New Tech Machines are deeply ingrained in everything we do. We prioritize quality by never compromising on
materials. Innovation drives us to
integrate advanced technologies like robotics. Our customer focus, built over the years, keeps us leaders. We value my
father's legacy while striving for market leadership through continuous improvement. Teamwork is crucial for our growth, and
we embrace adaptability and hard work to achieve our goals.
Prime Insights: What advice would the company offer to
emerging businesses aiming to build trust in the printing machinery sector?
Ronak Panchal: My advice to
newcomers in the printing machinery sector would be twofold. First,
aggressively focus on capturing market share. Once you have a strong presence,
customer trust will naturally follow. Second, and even more crucial, never
compromise on the quality of your raw materials. Delivering a superior product
is the ultimate key to building lasting trust and ensuring repeat business.
Quality speaks for itself and drives long-term success in this industry.
https://primeinsights.in/ronak-panchal-newtech-machines/

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