HBD Packaging – 30% growth and investment post-Covid

Continuous investment in technology and market-centric automation

287
HBD Packaging
Rajiv Bhargava, MD at HBD Packaging with an Outex Flute Laminator (Photo PSA)

HBD Packaging, a family-run business founded in 1985, is a provider of innovative and quality printed packaging materials. At its purpose-built factory in Greater Noida, HBD Packaging is using the latest technology in prepress, printing, post-press, and packaging conversion.

Machinery such as the DGM SmartFold 1100, Eterna Elite Die cutter, Shanhe high-speed Flute has been added in the past several years to complement its extensive battery of multicolor offset presses. Another multicolor press, a 7-color coater RMGT using UV LED for interdeck curing, is on order and likely to be installed in March.

Rajiv and Niraj Bhargava started HBD packaging in 1985. Earlier they worked with Konark Printing and Packagings owned by the firm of Vishnu Kumar and Brothers. HBD’s current operations include a range of packaging processes for producing paperboard monocartons, litho-laminated cartons, leaflets, and three-ply cartons for FMCG brands for food, pharmaceuticals, toothpaste, and mosquito repellents.

In a recent conversation, Rajiv Bhargava, MD at HBD Packaging said, “The FMCG and pharma industries are growing rapidly, and we have several prominent customers in these segments. Paperboard based monocartons and litho-laminated cartons have a lot of potential upside because they are recyclable. Even the trim waste that comes out of the packaging we produce goes to the paper mills for recycling.

“We hardly work with plastic, except for lamination films but the paper mills can recycle that also by separating the paper and plastic film. Our processes involve printing, converting, coating, foiling, dye punching, embossing, and folder gluing and all of these operations are conducted in-house.”

As Bhargav explained to us recently technology investment has to be constant in order to keep up with the industry. The market is demanding many varieties of cartons and finishing techniques including gloss, matte and textured drip off coating which HBD provides. In addition every carton no matter what the product has to stand out on the shelf with metallic effects and embossing and debossing.

A carton for a coffee maker or a pressure cooker has to be as spectacular as a luxury cosmetic or perfume box. In addition for many products to withstand the warehousing and last mile logistics eCommerce, internal fitments have to be provided. HBP provides all these plus special blister cards, and trays and liner cartons for food packaging from its ISO 9001:2025 (QMS), ISO 22000:2018 (FSMS) and HAACP certified plant in Greater Noida.

Bhargava explains that funds, space and manpower constraints are among the major challenges of the packaging industry. He says that the pandemic made a few things clear to all the industry segments – that uncertainty and changing needs and preferences are the greatest challenges. These are a constant in the market, with the only solution being market-centric automation.

“In the past two years, HBD Packaging witnessed quite a number of quitters among its rolls – the delusion that higher pay is equivalent to growth prevents the development of highly skilled and committed individuals. For young employees, especially, the line between learn and earn is a blur. We faced severe challenges due to labor shortage, but patience and perseverance kept us going – resulting in over 30% growth post-Covid,” Bhargav adds.

Speaking from his experience in the industry regarding some of the common problems, he says, “The financial constraints can be really bothersome. At times, during the purchase of bulk raw material or new machinery, one doesn’t have the budget sorted out. However, if the dealers on the other end say that they don’t mind delayed payments because of their trust in us – it becomes a badge of honor. The amount of trust that we receive and the word-of-mouth confidence among our customers and suppliers are what we’ve actually earned over the years.”

The impact, resilience, and growth of responsible packaging in a wide region are daily chronicled by Packaging South Asia.

A multi-channel B2B publication and digital platform such as Packaging South Asia is always aware of the prospect of new beginnings and renewal. Its 16-year-old print monthly, based in New Delhi, India has demonstrated its commitment to progress and growth. The Indian and Asian packaging industries have shown resilience in the face of ongoing challenges over the past three years.

As we present our publishing plan for 2023, India’s real GDP growth for the financial year ending 31 March 2023 will reach 6.3%. Packaging industry growth has exceeded GDP growth even when allowing for inflation in the past three years.

The capacity for flexible film manufacturing in India increased by 33% over the past three years. With orders in place, we expect another 33% capacity addition from 2023 to 2025. Capacities in monocartons, corrugation, aseptic liquid packaging, and labels have grown similarly. The numbers are positive for most of the economies in the region – our platform increasingly reaches and influences these.

Even given the disruptions of supply chains, raw material prices, and the challenge of responsible and sustainable packaging, packaging in all its creative forms and purposes has significant headroom to grow in India and Asia. Our context and coverage engulf the entire packaging supply chain – from concept to shelf and further – to waste collection and recycling. We target brand owners, product managers, raw material suppliers, packaging designers and converters, and recyclers.

In an admittedly fragmented and textured terrain, this is the right time to plan your participation and marketing support communication – in our impactful and highly targeted business platform. Tell us what you need. Speak and write to our editorial and advertising teams! For advertisement ads1@ippgroup.in , for editorial info@ippgroup.in and for subscriptions subscription@ippgroup.in

– Naresh Khanna

Subscribe Now

LEAVE A REPLY

Please enter your comment!
Please enter your name here