International Summit for Packaging Industry 2017

95
founder

The Indian Institute of Packaging organized a 2-day International Summit for Packaging Industry (ISPI) in New Delhi on the 27 and 28 of November 2017. Based around the theme ‘Packaging – The Growth Driver,’ this was the 7th edition of ISPI.

For the first time, ISPI featured a parallel session called ‘Research Conclave,’ which focused entirely on research and development projects on packaging at various research institutions. The Research Conclave was kicked off with an inaugural session that featured  Dr Indranil Manna, director of IIT Kanpur, as chief guest. In his address, Dr Manna reiterated the importance of innovation in driving the packaging industry. He particularly emphasized the need to structure research in line with on-the-ground requirements and the need to convert research into commercially feasible applications. Several papers were presented over the two days, including actual research case-studies on various aspects of packaging.

A special feature of the ISPI was a keynote presentation by Ashok Chaturvedi, chairman and managing director of Uflex, India’s leading flexible packaging company that is also the world’s only fully vertically integrated organization in this business. He praised the Indian flexible packaging industry for its robust capabilities, impressive track record over the last three decades, and proficiency in even hi-tech areas that has ensured a global leadership position. He particularly pointed out that whereas Chinese products have made a significant impact worldwide, they have not been able to make even the slightest dent on the Indian flexible films and packaging market.

An important claim made by Chaturvedi was that his company has been able to successfully recover and recycle mixed industrial and even post-consumer polymer waste into new applications; he did not mention whether these were high-quality applications that represented upcycling or even re-use in technologically equivalent end-uses. At the same time, he suggested that if the government is able to collect plastic waste, his company was ready to contribute to the recycling process by setting up plants similar to those already functioning inside eight Uflex locations.

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