Nanotech Security Corp., a main pioneer in the exploration, creation and generation of cutting-edge security items for the counter forging market, Holostik India Limited (“Holostik”) and Kumbhat Holographics Co. Limited declare complete agreement for the distribution of Nanotech’s KolourOptik® nano-optic picture and colour shifting optical thin film (“OTF”) items in India.
The supply and permit understandings followed months of trials after which Holostik and Kumbhat were appointed as Nanotech’s approved wholesalers and converters for the non-banknote market in India for an underlying time of three years. Under the assertions, both the organizations will pay Nanotech yearly authorizing fees and stick to annual minimum purchase necessities. Business terms were not unveiled.
The nanotechnology-created items will altogether reinforce Holostik’s and Kumbhat’s situation as two of India’s driving suppliers of security items that anticipate forging and give the brand and products integrity. Both KolourOptik and shading moving OTF will assume a vital part in the development of verification openings later.
“Holostik has been a market pioneer in providing anti-counterfeiting products and solutions for the last 27 years. With a production capacity more than 7 million sq. meters per annum, we are one of the biggest makers of anti-counterfeiting products and solutions in India,” said U.K. Gupta, Holostik Chairman and Managing Director. “We are pleased and anticipating our partnership with Nanotech Security.”
“While Kumbhat’s spotlight will be on the tax stamp and pharma packaging enterprises, our clients traverse a few businesses including tax stamps, pharma packaging and government offices all over India. We are exceptionally eager to be picked as an accomplice that will convey KolourOptik and colour shifting OTF to the Indian showcase,” said Kumbhat Director Sanjay Kumbhat.
“Our concurrence with Holostik and Kumbhat sets a solid association with set up accomplices,” said Nanotech CEO Doug Blakeway. “We keep on seeing solid intrigue and interest for our KolourOptik and colour shifting OTF items over different businesses and joining forces with setting up organizations in India speaks to an extensive open door for each one of us.”