Press Release- True Colors to install India''s First Konica Minolta SP-1, Matching Global High-Speed Printing Standards.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
True Colors Limited, a Surat-based digital textile printing solutions provider, has secured a deal to supply India's first Konica Minolta Nassenger SP-1 single-pass digital textile printer to a leading textile manufacturer. The SP-1 is a globally proven high-speed machine capable of printing up to 70,000 meters per day, currently used in Turkey, Italy, and China. Installation is targeted before March 2026. The Managing Director noted that while financial details are confidential, industry observers view this as one of the highest-value equipment purchases in India's digital textile sector. The deal strengthens True Colors' position as an authorized distributor for global brands including Konica Minolta, Hopetech, Itten, Pengda, and Skyjet.
Positive for the stock in the near term as it signals a high-value sale and reinforces True Colors' technology leadership in India's digital textile space, though no financial figures were disclosed to quantify the revenue impact.