One wonders if social media were
not there how we could have spent these days of lockdown. WhatsApp, Facebook,
Zoom, Instagram, LinkedIn, Twitter, etc. have kept the public bonded globally sharing
news, jokes, experiences, hobbies and so on. With nothing else to do,
businesses shut all over and an eerie silence on roads coupled with the
underlying fear of an escalating spread of the deadly corona virus, time has
brought the strongest economies of the world to their knees. The fear of
contracting the infection that has no known vaccine has put the global
population on a defensive and protective mode fearing the impact on their near
and dear ones. Spending the unending days within the confines of one’s home has
weighed down quite heavily on the minds and life of people. The label industry
globally trying to put a brave front, stays bonded with industry peers through
telephony and social media platforms. The worrying impact of this lockdown
stirring at the back of their minds, they do discuss the pressures building up
and that they will have to face the reality of a huge setback when they
eventually open, yet trying to relax and bide their time they have taken up
hobbies like cooking, singing, meditating, praying etc. Social media is packed
up with pictures and posts of their creativity in the kitchen from those who
probably never even boiled an egg or made a cup of tea. Anyway, it is good that
they are still in the innovating mode which will help them in their mindset
when back to business.
Indian label industry is mostly
family owned and largely MSMEs. Most of the entrepreneurs started their label
businesses as first-generation entrepreneurs at very modest scales and have
gradually scaled up. These printers have a hands-on approach in running their
businesses. For them it is a day to day way of reviewing and deciding on ways
of operating business effectively. Many of the entrepreneurs have experience of
having worked in other label companies as employees before deciding to venture
out on their own and set up label manufacturing entities. They have limited
resources but as mentioned due to the hands-on approach they decided on the
money rotation model to work and grow. All financial outflow is dependent on
their inflows each month. They have hardly any parked resources. A lockdown
like the one we are experiencing could not have ever been imagined when
suppliers, printers and customers were all shut and not allowed to move out of
homes but the operating expenses, salaries, interest, repayment, rent and
statutory dues would keep ticking on and remain payable, also attracting
interest. The issues when dwelled upon stir up a storm within and then the
colleagues in the industry start calling each other and association leaders in
hope that they will be able to communicate with powers that be, to get
financial relief to the industry. The worries are a plenty but since Label
printers are locked in at home, they have been able to put their worries at
rest at some point of time and then find ways to relax and make the best of
their time.
LMAI president Kuldip Goel revisited
his passion for writing poetry and posted his work on WhatsApp groups and Facebook
to receive immense appreciation from friends. Rakesh Mahajan Joint Managing Director
and the man behind all the production at the fast-growing Prakash Labels Noida
was learning how to bake a cake when I called him last.
India’s largest indigenous
Labelstock producer Ajay Mehta Managing Director SMI Coated Products Mumbai has
now an ardent fan his 4months old grandson Ivaan for whom he is required to sing
to, otherwise too he has a busy schedule as follows:
Morning Yoga 45 minutes.
Then breakfast 20 minutes
Time with Grandson. 2 hours.
Attend to emails and WhatsApp for 3 hours.
20 minutes meditation before lunch
5.00 pm Gayatri mantra chanting with friends online for 25 minutes.
6.00 workout under guidance of daughter Nikitaa
7.00 to 8.30 Grandson time.
Dinner and some Netflix.
Sanjeev Sondhi of Dehradun
headquartered Zircon Technologies got stuck at Dehradun while his family got caught
in Delhi Lockdown on the day, they were to travel to join him. A firm disciple of
Lord Shiva and deeply religious, he spent the first 9 days in prayers due the auspicious
period of Navratri. Now since most of his senior staff are on leave due to
lockdown, he spends some time managing a few things for the limited functioning
of his factories and then he says besides trying his skills at cooking, he
prays and does introspection of what life should be beyond labels. Until now all
his time was consumed by his growing the label business. Lockdown has made him
sit back and think of life in another perspective.
Ajay Agarwal of Syndicate labels
Delhi says, “Meditation, Online courses, Cooking, Netflix and long hours of
sleeping. Most importantly staying positive has been the hallmark of the
lockdown for me”.
Manish Desai past President of
LMAI and heading Mudrika Labels Mumbai says, “It is a very difficult time for
all of us and for the entire economy of the world but still we have to deal
with it.” He further adds, “There are mainly the following ways that I am
spending my time; 1) I am giving good time to my family by playing cards/watching
movies, playing games as per wishes of my parents and children. 2) I am trying
to learn typing on laptop keyboard more efficiently by using both hands as one
used to type on traditional typewriters, normally I type with my single finger.
3) I am very week in making PPT presentations, my daughter is teaching me how
to make presentations on the laptop. 4) I have given task to my marketing
people to think of new products that we can develop for the industry. 5) lastly,
I am also doing physical workout for 1 hour daily.
Anuj Bhargava heading Greater
Noida based Kumar Labels is spending his time enjoy leafing through old albums refreshing
memories, enjoying the pollution free air, playing with children, chatting with school friends on Zoom,
Cooking and Singing. Surprisingly, he shared a link where he is singing in tune
without musical instruments to aid!
Mahendra Shah of Renault Paper
part of Manohar Packaging Group is also staying at home and in constant touch
with his factory which is catering to labels for essential supplies. He says
his wife is happy that he is helping in household chores besides working out
and strategizing for future of his business. Sudhir Jain of Jain Transfer Products
Noida has subscribed to online channels for meditation and has now time to spare
so he has been reading extensively, presently he has been reading biographies
of many successful people. Rajesh Nema of Pragati Global Indore says, “No business talks these
days!” he interestingly elaborates his schedule further, “After morning
rituals, go for walk, cycling and pranayama (Yoga). Then watch TV serials of
epics Ramayana and Mahabharat. In between and during the day I help my wife in household
work like “BJP: Bartan, Jhadu,
Ponchha” (Doing dishes, sweeping and mopping)! In the evening again
walk, cycling and pranayama. After dinner sit with family members for some
games like Tambola, Antakshari, Quiz etc.
The Coverage would be a little
wanting if despite being a part of the Indian Label industry for over 40 years
I, the author of this article, do not mention my own time spent in these days
of lockdown. Well I have stuck to my regime of walking 10,000 to 13000 steps
each day(Now in the drive of my house), cooking also being a passion I imagine recipes
and try them out to share with friends and family over Facebook and WhatsApp, the
additional time that I have I am using to compile my book on “History of Indian
Label Industry” and the best and most lovable part is to spend the maximum time
playing with my two and half year old grandson!
Obviously Cooking seems to have been
the universal stress buster and a hobby that provides opportunity to the colourful
label manufacturing industry to experiment creativity of another kind. A type
that delivers taste, colour and presentable plating drawing some parallel to
the wonderful labels they create. They have been able to push away for the time
being, the worries of how the lockdown will impact their business or future by
bringing quality and constructive thoughts to their mind finding a new meaning
to family bonding.
Industry in India has been facing
a difficult situation in the past few years. First it was the demonetization then
the switchover to GST and followed by a general slowdown, despite the issues
India’s label industry maintained a double-digit growth rate which may have oscillated
a few digits up and down. India is a young country having more than 45% of its
population in the age group of 20-35 years of age with the median age at 27-29 years
and literacy rate at over 74%. The youth is knowledgeable, well informed, resilient
and has attributes with energy to put past behind and move on to recover from
adversity. It is estimated that in coming years over 70% of the consumer
spending will be coming from the bulging middle class that is almost 45% of the
total population of 1.35 billion. Moreover, it is now gradually becoming clear
that given the global need for a more democratic industrial and IT hub to
produce cost effectively, India may well become the preferred destination. This
is so because the availability of a huge technical and educated manpower available.
The “Make in India” process will surely get a boost once we overcome the
pandemic and need for materials and equipment starts picking up. The western
world already appears to be looking at India for creating an alternative hub
where resources, materials and technical manpower is available in abundance,
additionally with an English-speaking population. It is a good sign that despite
the national lockdown the mood is still not negative and God willing India will
emerge strong and successful not only in fight against the Covid-19 pandemic
but even turn the adverse situation to become diverse, offering opportunities to
create new success stories.
Written by Harveer Sahni
Chairman Weldon Celloplast Limited, New Delhi April 2020
Very interesting to know how the industry leaders are going through the lockdown.
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