SP Ultraflex celebrated its 30th anniversary on16September 2015byhosting a dinnerforits business associates. The function was attended by many members of SP Ultraflex’s corporate fraternity. Founded in 1985 by Ravi Kohli, SP Ultraflex Systems made its presence felt in the flexible packaging and converting industry within a few years of inception. Supported by a team of 10, Kohli steered the company towards success, making it the preferred supplier of rotogravure printing, lamination and slitting machines.
“With every achievement, I dared to dream bigger and continued to move ahead. We started off with rotogravure printing and slitting machines and later on, added lamination machines to our portfolio,” said Ravi Kohli, chairman of SP Ultraflex. “Earlier, the times were challenging. To keep abreast of the latest global trends, one had to attend trade fairs in Europe and the US. All we had then were the humble drafting board, T square, paper, pencil and eraser. By the time you were able to standardize a concept, you often found something better knocking at your door,” said Biku Kohli, director of SP Ultraflex. Today the company has seven models of converting slitter-rewinders.
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.
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