Giving impetus to its production capabilities, Holoprint launched a new packaging unit in Greater Noida with a new metallizer installed at the facility. The metallizer can be used for a variety of film types including those that are heat sensitive.
Holoprint: Transforming Businesses Digitally
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May 2, 2017
- Posted by: holoprint
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Holoprint Launched A New Packaging Unit In Greater Noida
Holoprint: Promising Turnkey Solutions To Authenticate Supply Chains And Secure Lives
According to the 6th Annual Anti-Counterfeiting and Brand Protection Summit 2022, the authentication and brand protection market size globally is expected to reach USD 3.7 billion by 2026 from USD 2.5 billion in 2021, at a CAGR of 8.3 percent during the forecast period and as per industry insiders, the total size of anti-counterfeiting solutions business in India is about INR 20 billion growing at the rate of 15-20 percent year-on-year.
Leading at the forefront in this space is Noida-based Holostik, established in 1991. Holostik brought ‘OVDs’ (Optically Variable Devices or Security Holograms) to India and was the first ‘OVDs’ (Optically Variable Devices) manufacturing company to introduce it for Voter ID cards and Tax stamps security. Today, the company is the largest manufacturers of ‘OVDs’ (Optically Variable Devices) in the world by volume.
- Need to strengthen existing laws to fightcounterfeiting: M Venkaiah Naidu, Former Vice President of India
Addressing the 8th edition of FICCI-CASCADE ‘MASCRADE 2022’, Mr. Naidu asserted that sharing of ideas, experiences and sharing of views in formulating a more effective legislation with implementation is required to create awareness against counterfeiting.
- QR codes to soon be printed on medicines to check for their authenticity
To prevent the use of counterfeit and substandard medicines, the government may soon launch a “track and trace” mechanism. Under this, the customers will be allowed to use QR codes to know if the pills they are using are authentic or not.
- ASPA rolls out five-year strategy at annual general meeting
The Authentication Solution Provider’s Association (ASPA) rolled out a five-year strategy from 2022-2027, to become a global industry voice in the authentication and traceability solutions. The strategic plan was launched on 29 July at ASPA Annual General Meeting held in New Delhi.
