NSIC extends support to PackPlus

Initiative to uplift MSMEs

Packplus 2018
Packplus 2018

PackPlus, a total packaging, converting and supply chain event, will take place in August 2019 at Pragati Maidan, New Delhi. National Small Industries Corporation (NSIC) , a government of India enterprise, working to promote, aid and foster the growth of micro, small and medium enterprises in the country, has extended its support to the event.

NSIC is an ISO 9001-2015 certified Government of India enterprise under the Ministry of Micro, Small and Medium Enterprises (MSME). To showcase the competencies of the Indian small scale industry and to capture market opportunities, NSIC participates in selective exhibitions and trade fairs every year. It facilitates the participation of small enterprises by providing concessions in rental, etc.

Packplus 2018
Packplus 2018

With over 400 exhibitors and spread across 11 halls, PackPlus will provide many opportunities available for MSMEs to source new solutions, enhance product portfolio offerings, build a robust network and enter new markets. Solutions such as flexible packaging, non-woven bag, paper bag, paper cup, paper straw, rigid box making, and finished packaging solutions will be the major attraction at the show. There are several global product launches lined up along with a showcase of the latest innovations in both packaging and machine automation. Many exhibitors at PackPlus are from the MSME sector and are offering solutions to the Pharmaceutical and Chemical, Food and Beverage, Dairy and Meat, Engineering, Garments and Textiles, Personal Care Products and Logistics sector.

The companies participating through NSIC will receive a rebate in participation costs and also get exposure to enhance their business prowess. The organizers of PackPlus urge all the Micro, Small and Medium Enterprises from packaging and allied industries to grab this opportunity and participate in the show.

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.

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