"The investment made by Flint Ink will enable us to continue our growth in the future and help the company to enter the paste ink market, using proven technology developed through Flint Ink's R&D centre in Michigan," Incowax managing director K Srinivasan said. Incowax produces solvent and water based gravure and flexo inks for major flexible packaging converters in India. The company has manufacturing locations in Bangalore, Baroda, Hyderabad, Hosur and Noida. The company is also exporting inks to the Middle East and East Asia. "This venture will give Flint Ink important access to the Indian and South East Asian markets," Flint Ink Europe president Jim Mahony said in a statement. Flint Ink will make its technology available to Incowax.