The Next Print: How True Colors is Designing its Future

From bootstrapped beginnings to a ₹230 crore powerhouse, the True Colors story is far from over. Having mastered the art of resilience, the company is now writing its next chapter — one defined by expansion, innovation, and self-reliance. This is the second and concluding part of the story.

Long Story, Cut Short
  • Now, the focus shifts from survival to future-proofing — expanding capacities, embracing clean energy, deepening R&D, and building systems that scale.
  • People Power: Transitioning from a people-led to a system-driven organisation while retaining long-term talent — a culture where growth and loyalty go hand in hand.
  • Out of the 2,200–2,500 crore meters of fabric printed annually in India, more and more is shifting from conventional to digital.
Equipped with an integrated ecosystem, expanding solar footprint, and an ambitious R&D agenda, Surat-headquartered True Colors is being positioned not merely as a printing solutions company but as a platform of possibilities — powering a more digital, sustainable, and self-reliant future for Indian textiles.
Building tomorrow, today Equipped with an integrated ecosystem, expanding solar footprint, and an ambitious R&D agenda, Surat-headquartered True Colors is being positioned not merely as a printing solutions company but as a platform of possibilities — powering a more digital, sustainable, and self-reliant future for Indian textiles. True Colors Ltd

NOTE: This is the second of a two-part series on True Colors. The first appeared yesterday.

As True Colors steps into its next decade, its trajectory mirrors the broader transformation of India’s textile story — one that’s shifting from traditional to tech-led innovation, from scale to sophistication.

The company’s evolution — from a borrowed ₹4 lakh in a basement to a listed enterprise with a ₹230 crore turnover — isn’t just about growth; it’s about grit, reinvention, and the power of staying together through flux.

Armed with an integrated ecosystem, expanding solar footprint, and an ambitious R&D agenda, its founders are positioning the company not merely as a printing solutions company but as a platform of possibilities — powering a more digital, sustainable, and self-reliant future for Indian textiles.

The next chapter, as co-founder Sanjay Desai hints, “isn’t about what we’ve achieved, but what we’re yet to imagine.”

True Colors’ one-stop digital printing solution platform offering is structured around three synergistic and integrated verticals:

  • Digital Textile Printing Machinery & Ink Supply: It imports, installs, and maintains cutting-edge digital printing machines from global leaders like Konica Minolta, Hopetech, ITTEN, Pengda, and Skyjet. Alongside, it supplies high-performance digital inks, ensuring dependable printing solutions.
  • Sublimation Paper Manufacturing: In its in-house facility, it manufactures top-grade sublimation paper designed to meet varied industrial needs. With customisable GSM and width options, the paper is used extensively in sportswear, fashion apparel, home furnishings, and promotional textiles.
  • Digital Textile Printing Services: From job-work to printed fabric supply, it provides high-quality digital printing on a wide variety of natural and synthetic fabrics — cotton, viscose, polyester or blends.

This tri-vertical model enables it to serve its customers at every point in the value chain—be it machine procurement, printing consumables, or ready-to-use fabrics.

“We don’t just sell printers. We provide turnkey solutions. We supply the printer, inks, papers, and we even set up the processing line — transfer calendars, software, everything. Our application specialists train their staff. We let customers test print 5,000–10,000 meters in our facility so they build confidence before investing. This integrated ecosystem is unique in India, and it’s why we’ve been successful.”

Talking about vertical integration, Sanjay claims theirs is a “unique model. There is no other company that does what we do under one roof — machines, inks, papers, printing services, training, and nationwide support. Some companies manufacture inks, some only papers, some only supply printers. But no one is as fully integrated with a pan-India presence.”

True Colors imports, installs, and maintains cutting-edge digital printing machines from global leaders like Konica Minolta, Hopetech, ITTEN, Pengda, and Skyjet. Alongside, it supplies high-performance digital inks, ensuring dependable printing solutions.
Engineering every hue True Colors imports, installs, and maintains cutting-edge digital printing machines from global leaders like Konica Minolta, Hopetech, ITTEN, Pengda, and Skyjet. Alongside, it supplies high-performance digital inks, ensuring dependable printing solutions. Richa Bansal / texfash

Reams & Reel

R&D receives the due focus with around 2% of turnover. “That may sound small, but we have a dedicated R&D team of 13–14 people across our verticals — fabrics, inks, papers, and machines. We also have a well-equipped lab for testing fabrics, dyes, and colours. 

For papers and fabrics, our labs continue developing better formulations, coatings, and processes. We keep investing in incremental improvements, even if the spend is just 2% of turnover.’

Plus, the mission is also to enhance “our own printing of fabric from 3 million per meters per month, increase paper production from 20 million meters per month, and expand energy sustainability with solar."

Ask him to expand on the future of digital printing in India, he asserts: “When we started in 2013, digital textile printing in India was hardly 200 million meters, mostly for T-shirts and mugs. Today it is around 1.8 billion meters. By 2030, we expect it to reach 5–7 billion meters. Out of the 2,200–2,500 crore meters of fabric printed annually in India, more and more is shifting from conventional to digital, and “and we will be up there as leading this shift.”

Sanjay elaborates: Compared to conventional printing, digital uses 57% less electricity. In conventional, large amounts of glue are used in paste, which creates its own environmental issues.  The biggest saving is in water. Conventional printing consumes 60–70% more water — about 4 litres per meter. In digital, we can print with around 1.5 litres per meter. Overall, when you combine electricity, water, and chemicals, carbon emissions are reduced by nearly 90%. In total, digital reduces waste by 70–80%.

The advantages are clear: shorter lead times, on-demand sampling, lower water usage, less pollution, and flexibility in designs. Fast fashion is also driving digital — brands now want 10,000 meters in 100 different designs rather than 100,000 meters in one design. That is only possible with digital.

When it comes to people management, True Colors advocates the policy of keeping people by design, not by policy. The current staff strength across all verticals is around 650.
People Policy When it comes to people management, True Colors advocates the policy of keeping people by design, not by policy. The current staff strength across all verticals is around 650. True Colors Ltd

Screen & Finish

The free-flowing conversation in between switches to people and processes. CoFounder Satish Panchani who is responsible for workflow management, execution, and business development, ensuring the integration of various processes within the organisation, confesses that in the early days everything — from machine installation, printing, servicing customers, importing paper — was handled by the four of them. As work expanded, they started adding people. “Up to 25–30 people, everything could still be managed directly: you give an instruction, the other executes. It was very people-driven. The turning point came when he heard a diamond businessman speak at an event. “’My biggest responsibility is to have no responsibility’. That stayed with me. The idea was clear: if you are free from day-to-day operations, only then can you think about the company’s growth. From that day we started consciously working on becoming a system-driven company.”

Translating that into practice entailed listing down every activity that was done in a day. “Suppose there were 15–20 tasks. We identified seven that could be delegated. Initially, we made the mistake of delegating and then forgetting. As the team grew to 100+, that didn’t work — without follow-up, tasks would not get completed. So we created reporting structures and feedback loops: who reports to whom, how, and what gets reviewed daily.

“Processes became our way of solving problems. For example, in printing we set up live Google Sheets to track every customer requirement. Earlier, coordinators handling multiple clients would jot things in notebooks or rely on memory, and 20% would get missed. Now, every call or request is logged into the sheet. Delays can happen, but nothing is forgotten.

“Similarly, in production we introduced trackers. Sales could immediately see the status of any order — which stage it was at, why it was delayed, even who handled it. In the paper division, we can trace a problematic roll right down to which raw material supplier, which lot, which coating line, which operator, and which shift it came from. The philosophy became simple: every problem is converted into a process.”

When it comes to people management, Satish advocates the policy of keeping people by design, not by policy. “Our very first employee, Mehulbhai, joined as a printing master and is still with us. Our second hire, a designer, now leads a 60-member design team. When we hired 20 designers, 18 are still with us.”

The focus is also on women. “When we created coordinator roles, we consciously trained women back in 2017. Some of them have stayed with us through marriage, motherhood. We provide around a year of maternity leave with full pay. For us, culture is not just words. Many people who join True Colors make it their last job, because they find growth, security, and an environment that values them.

“People often say business is not family, but I won’t deny that over time a strong bond has formed. When someone gives you 12 years of their life, that bond is real. For me as CEO, my role is just different — but I see myself as an employee like everyone else. Respect flows both ways.”

True Colors continues to build on its strengths, prototyping a project literally under cover, is looking to diversify its portfolio to an altogether new yet connected field. By closing every loop — from machine to material — this young enterprise has emerged as a seamless thread running through India’s digital printing landscape.

The advantages are clear: shorter lead times, on-demand sampling, lower water usage, less pollution, and flexibility in designs. Fast fashion is also driving digital — brands now want 10,000 meters in 100 different designs rather than 100,000 meters in one design. That is only possible with digital.

Richa Bansal

RICHA BANSAL has more than 30 years of media industry experience, of which the last 20 years have been with leading fashion magazines in both B2B and B2C domains. Her areas of interest are traditional textiles and fabrics, retail operations, case studies, branding stories, and interview-driven features.

 

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  • Dated posted: 16 October 2025
  • Last modified: 16 October 2025