Cajo Technologies opens a new subsidiary in India
Cajo Technologies announces the launch of a new subsidiary Cajo Technologies India. Cajo India provides industrial manufacturers with laser-marking and coding solutions for diverse needs
18 Feb 2023 | By Abhay Avadhani
Laser-marking is a method to mark practically any material due to its cost-effective and sustainable nature. Laser-marking requires no additives and replaces traditional marking methods, such as inkjets and labels.
Niko Karsikas, CEO and founder, Cajo Technologies, and Janne Mäkelä, director of business development, visited the new Cajo Technologies headquarters in Bangalore, India, in October 2022. During the visit, the subsidiary’s sales office and functions were further expanded with a new showroom and support centre, including Cajo’s stand-alone laser marking systems.
The Bangalore-based Cajo’s subsidiary was established to provide sales and support for comprehensive Cajo laser marking solutions and services to the Indian subcontinent. Currently, India is the fastest-growing G20 economy. According to a report from Business Finland on May 10, 2022, on Conducting Business in India, the country’s economy is valued at approximately USD 2.9 trillion. India is ranked as the 5th largest economy by nominal GDP and the third largest by Purchasing Power Parity.
Since adopting the New Economic Policy in 1991, industrial manufacturing in India has grown substantially and foreign investments are pouring in. The service sector is the highest contributor to India’s GDP boosted in part by the Indian Government. National reforms and policies are aimed at improving the infrastructure, technology, investments and employment - advancements to which Cajo Technologies now contributes to India.
“Establishing a subsidiary in India is part of Cajo’s growth and internationalisation strategy. The company has already made the first deliveries to the region, and significant market potential can be seen in India and in the surrounding areas. Thanks to the new subsidiary in India, locally offered high-quality Cajo laser marking systems, provide manufacturers with a competitive advantage,” said Niko Karsikas.
Cajo India employs a team of professionals working under the supervision of a seasoned director, Sanjeev Patel. “We are receiving a lot of enquiries looking for solutions to complex marking requirements that only a combination of sophisticated software, high-end technology and years of practical global experience can deliver,” said Sanjeev Patel.
(l-r) Sanjeev Patel, director, Cajo India, and Pawan Kumar, national head of sales, examine a cardboard box marked with Cajo MakeBright - Cajo’s patent-pending sustainable laser-marking solution for packaging industry