PETpla.net Insider 11 / 2019

PREFORM PRODUCTION PET planet Insider Vol. 20 No. 11/19 www.petpla.net 17 300 of which work in preforming. Here at the Bangalore site, Husky, Milacron and Conair equipment are in use. The part of the factory housing the Husky machines has been recently added. “We decided to invest in Husky systems in order to be more attrac- tive not just to leading regional brands but also, beyond that, to be able to access more customers in the pre- mium segment in the medium term,” said Nishant Bafna. Nishant Mouldings and its vision have already received several awards, including the India SME 100 Award 2018 and the Sir M. Visves- varaya Manufacturing Excellence Award 2017-2018, from the govern- ment of Karnataka. “We are currently more dominant in the south and now also in the west of India. We are planning to expand in the north and east in the long term,” says Pankaj Bafna. “Accompanying this, we want to double our capacity to 60,000t. We also want to make our processes more automated, and will continue to invest in that area. We are also com- mitted to reducing our carbon footprint.” During the past few years, Nishant has installed solar arrays in its factories; they are expected to reduce CO 2 emissions by 700t annually. The company is also aiming to set up more new, purpose-built factories in strategically different regions, in its drive to grow sales to US $150 mil- lion, in five years. www.fortunapet.com The Directors in front of a Husky HyPET 22h with (f.l.t.r.) Pankaj Bafna, Nishant Bafna and Kay Barton Staff preparing delivery bags for preforms