Ronak Panchal | Newtech Machines
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.