Economics and budgets for the Indian packaging industry

With the caveat that doing business is very different than writing about it, there is still some room for a conversation about Indian economic growth relating to the packaging industry. Our sister company, IppStar PL (www.ippstar.org), studies the printing, publishing and packaging verticals quite carefully. In our work, we make forecasts for ourselves and our clients. Although most predictions are based on primary information from face to face interviews of stratified samples of various segments, we also conduct many purposive sample interviews, including those of expert industry informants. In addition, we track and look at relevant economic data, for instance, investment in organized retail, or FMCG and other consumer product segments, even auto-industry growth and other data. We are always on the lookout for correlation and critical growth drivers for our industry segments. And within the packaging industry, we build models that relate and validate various parts of the supply chain. Over the past 20 years, we have also tracked GDP growth in major global regions in comparison to Indian GDP growth. For instance, here…

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