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 announced it will install India's first Konica Minolta Nassenger SP-1 single-pass digital textile printing machine at a leading textile manufacturer's facility. Installation is scheduled to be completed before March 2026. The SP-1 can print up to 70,000 meters per day, matching production speeds of traditional screen printing with digital accuracy and lower chemical/water usage. The machine is already used in Turkey, Italy, and China. The company did not disclose financial details, but its Managing Director described the deal as 'among the highest-value equipment purchases in India's digital textile sector.' True Colors is an authorized distributor for Konica Minolta and operates an integrated business spanning machines, inks, sublimation paper manufacturing, and printing services.
This positions True Colors as the first mover bringing globally benchmarked high-speed digital printing to India, potentially strengthening its technology leadership and competitive moat. Positive for the stock in the short term due to the first-mover narrative, though the lack of disclosed financials may limit valuation impact.