The label industry in India – capacity building in the current financial year

The rise and rise of Indian manufacturers

Amit Ahuja, chief executive officer, Multitec showcases S1 full servo narrow web flexo press at PrintPack India 2022. Photo PSA

This article was first published in the August 2022 issue of Packaging South Asia in print and online on 8 August 2022. It is being reposted in time for the Labelexpo India India exhibition in Greater Noida from 10 to 14 November 2022. Do come and see us at our stand in Hall 1 near the entrance.

After speaking with some of the label industry suppliers and converters in the country, we have done some back-of-the-envelope calculations. Our estimate is that in the 2021-22 financial year that ended on 31 March 2022, about 40 to 45 narrow web flexo label presses were installed by Indian converters. About 65% of these were built by four Indian manufacturers in the Delhi NCR region. The majority of the India-made presses were from Multitec – the balance coming from UV Technologies, Alliance Printech, and NBG. In addition, there were about half a dozen digital label press installations but we will talk about these in our next issue.

The Indian label presses have improved in quality on the whole and the factors of local service and competitive prices make them compelling to at least look at for those label converters who earlier exclusively purchased narrow web flexo presses from the European, American, and Japanese manufacturers. The four Indian manufacturers also exported narrow web flexo press last year. Multitec, of course, has exported presses for many years and has exhibited at the Labelexpo in Brussels several times. 

Although India is a healthy market for label presses, exports are key to the growth of the Indian label press manufacturers. In the words of one industry veteran, “We sell our presses in India at very competitive prices and we will not survive if we do not export.” All four label press manufacturers exported presses and they expect these numbers to rise. This is in addition to the European manufacturer Nilpeter, with its factory near Chennai, which primarily builds label presses for exports and sells a few in the Indian market.

The current financial year 2022-23

The current financial year, it seems will bring the industry back towards a level of capacity building not seen for many years. We expect on the basis of our conversations with industry suppliers and converters that the number of flexo label press installs will increase from 25% to 30%. 

The five Indian-owned manufacturers will increase their in-country installations by approximately 50% over the previous year. At the same time, the overseas manufacturers are likely to achieve numbers similar to the previous year – or at most increase them by one or two presses. They are feeling the crunch not only from the local manufacturers but also from the supply chain and energy issues in Europe and North America that have increased their prices by 10% to 15%.

The Indian press suppliers are confident about their competitiveness in the local market and optimistic about exports. They are hoping to increase their capacities within the year – to anywhere from 30% to 200%.

Note – This article has been slightly amended on 12.11.22 to read ‘five’ Indian label press manufacturers which refers to the narrow web label press manufacturers. In addition there are two or three narrow web digital label press manufacturers in the country. 


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 , for editorial and for subscriptions

– Naresh Khanna

Subscribe Now
unnamed 1


Subscribe to our Newsletter

As 2023 begins and FY 23-24 unfolds, will you support us?

What lies in store for the packaging industry in India and South Asia this coming year? Inflation, disruption of supply chains or environmental regulation? Or the resumption of high rural demand, continued investment and industry consolidation? Whatever happens, Packaging South Asia will be there, providing clarity and independent technical and business information in India and South Asia and around the world. We are a compact Indian organization bringing a window of fair and rigorous technical and business information that the industry can access this year and beyond. Please support us with your advertising and subscriptions, to keep us going and growing.

Thank you.

Previous articleMiraclon hikes prices of all consumables by 5%
Next articleMacchi demonstrates a polyolefin dedicated blown film line at K 2022
Editor of Indian Printer and Publisher since 1979 and Packaging South Asia since 2007. Trained as an offset printer and IBM 360 computer programmer. Active in the movement to implement Indian scripts for computer-aided typesetting. Worked as a consultant and trainer to the Indian print and newspaper industry. Visiting faculty of IDC at IIT Powai in the 1990s. Also founder of IPP Services, Training and Research and has worked as its principal industry researcher since 1999. Author of book: Miracle of Indian Democracy.


Please enter your comment!
Please enter your name here