On the evening of the 24 February, Parksons Packaging celebrated the inauguration of it Sri City plant with a tremendous party for its supporters and customers at the ITC Chola hotel in Chennai. As Parksons’ chairman Ramesh Kejriwal and managing director Siddarth Kejriwal repeatedly said during event, the company looks to its customers for continuous support and inspiration in its trajectory of rapid growth.
The highlight of the evening was a panel discussion moderated by Vindy Banga a senior partner at the private equity fund Clayton Dubilier & Rice and a member of the board of Parksons Packaging.
The panelists included CEO and managing director Sanjiv Mehta of Hindustan Unilever, Manoj Kumar CEO and managing director of GSK Consumer Healthcare and Anand Kripalu managing director and CEO of USL.
In answer to Banga’s questions, the panel was able to paint a coherent picture of the complex Indian consumer and the economy, as well as some of the challenges that consumer product companies and their packaging suppliers need to face. This was an informative and optimistic reflection on the consumer product eco-system and one that compels the packaging community to think creatively. The evening also brought some intelligent balance to the oodles of tech-talk that sometimes clouds our understanding of industry needs and directions.