Newtech Machines: Big plan to bring American Technologies to Indian market Twin brothers take over the management of Newtech Machines. The twin brothers (aged 27 years) – Ronak Panchal and Tarak Panchal have recently taken over the management of Newtech Machines, Valsad, India. They will continue the legacy left behind by late Anup Panchal, founder of Newtech Machines, a renowned manufacturer of round screen printing and heat transfer label (HTL) printing machines. The company was founded by late Anup Panchal who died in 2018. Meanwhile, a new factory is being developed on a plot of land adjacent to the current factory, and it would be readied by 2020-21 to augment production. In a joint statement to the media, both Ronak and Tarak said: “As sons of a successful visionary businessman, we have a responsibility to take his legacy forward and write down our own success story.”
“I have a major interest in building machines and I have learnt many new ideas from the United States. So I will develop new types of machines in the coming months.” - Tarak Panchal, Director, Newtech Machines, Valsad
Key Notes : > Ronak Panchal & Tarak Panchal kick start their company’s twin growth engines – Quality and Service. > A new factory, adjacent to the current factory would be readied by 2020-21 to augment production. > The brothers now want to bring more Printing machines which save time and give more production.
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November 2020
Both Ronak and Tarak are armed with a Bachelor’s Degree in Mechanical Engineering from California State University, Los Angeles, California USA. The brothers, designated as Directors, joined the company in July 2020. Commenting on his new responsibility at such a young age, Ronak Panchal, Director of Newtech Machines, says: “Since my childhood, I was motivated by my father, late Anup Panchal. I had many other options, but I had this in my mind that I want to become like my father. I witnessed his hard
work and dedication to be a successful businessman. I was motivated by observing his successful path. I want to expand my company, take it to another level. Also, I went to the USA for studies to gain practical knowledge so that I can bring American Technologies in India. I did not think or have any other plan except Printing. Printing is the only technology which fascinates me, so I am confident that no matter what, I would still choose Printing as my career.” Tarak Panchal, Director of the company, adds: “I have a major interest in building machines and I have learnt many new ideas from the United States. So I will develop new types of machines in the coming months.” The Twin Brothers are of the view that Printing
