Conference
Panel discussion during PSAC in Mumbai Photo- PSA

An exciting panel at the PSA Conference highlighted practical and real-world collaboration as a driver of innovation. Brands and converters discussed written agreements that could value and help balance intellectual property protection, supply-chain resilience, and cost pressures as brands and converters work toward sustainable packaging solutions.

Greater transparency, trust and strategic partnerships between brand owners and packaging converters are essential to drive innovation, manage costs and improve supply-chain resilience, panelists said in a discussion at the Packaging South Asia Conference (PSAC) in Mumbai on 9 October.

Debraj Chatterjee, SB Constantia at the PSA Conference 2026. Photo- PSA

The panel, titled Walking in each other’s shoes: The growth imperative for brands and packaging partners, explored the challenges brand owners and converters face as they develop new packaging technologies while balancing intellectual property protection, sourcing requirements and commercial viability.

The discussion featured Santanu Chowdhury, CEO of Core Group Industries, whose quick presentation, Packaging for Profit, set the stage; Dipta Banerjee, senior lead technologist, Packaging Development at ITC; Vishwam Bhotica, Technical director at SAPCO Industries; and Vishal Thakkar, AVP, sales and marketing, Films Division at VK Global. Debraj Chatterjee of SB Constantia moderated the session.

Collabs beyond price negotiations

Panelists emphasized that collaboration between brands and converters must go beyond price negotiations and individual supply contracts to support long-term innovation. They said clearly documented agreements, including exclusivity provisions, and the eventual wider adoption of new ideas and technologies could help protect the interests of both parties.

Banerjee said brand owners often work with multiple suppliers to reduce the risks associated with depending on a single vendor. However, this approach can create concerns for converters, who may be reluctant to share proprietary technologies, fearing that competitors will replicate their innovations and supply the same solutions to the brand owner at lower prices that discount the costs of innovation.

He argued that the industry needed greater transparency, particularly as cost pressures and sustainability requirements increased. Packaging structures for products such as dishwashing liquids, handwash and body wash should be simplified where possible to enable adoption by multiple converters and facilitate the incorporation of post-consumer recycled (PCR) materials.

Banerjee also cited the commercial benefits of using recycled PET, noting that it could be more economical than virgin PET in the prevailing market conditions.

Vishal Thakkar, AVP, sales and marketing, Films Division at VK Global at PSA Conference 2026.
Photo- PSA

He described a collaboration with SBConstantia Flexible Packaging that led to the development of a monomaterial pouch several years ago. The project involved technical and cost challenges, including adapting the laminate and spout to existing filling equipment.

The initial use of preformed pouches increased costs, while difficulties in sealing the specialized spout limited the brand owner’s ability to source the packaging from other suppliers. The experience highlighted the risks associated with relying on a single converter for a proprietary solution, even when the partnership delivers innovation.

Banerjee said brand owners should assess packaging costs across the entire value chain rather than reject innovations solely because primary packaging becomes more expensive. Savings elsewhere in the value chain could help offset the additional costs, making new solutions commercially viable.

Chowdhury, who has experience on both the brand-owner and packaging-supplier sides, said documented exclusivity arrangements could provide converters sufficient confidence to invest in developing new technologies. Under such arrangements, an innovator could receive exclusive rights to supply a solution for an agreed period, after which the technology could be made available to other suppliers.

He also advocated exploring commercial models that link payments to the value created for customers, allowing suppliers and brand owners to share the benefits of improved profitability or sales.

Thakkar said brand owners and converters should treat each other as strategic partners rather than engage on a project-by-project basis. Innovation priorities should be clearly agreed and documented, with development initially undertaken by one supplier, and before being extended to other vendors.

Transparency & long-term planning

Vishwam Bhotica highlighted the importance of long-term planning, particularly for manufacturers investing in production capacity to meet customer requirements. Greater clarity on expected volumes, material costs and pricing adjustments would help converters plan investments and minimize disruptions to customers’ production lines and supply chains.

The panel also examined the price discovery of packaging by brands, and whether requests for quotations (RFQs) could discourage innovation by prioritizing price over value creation. Banerjee said RFQs remained useful for routine procurement but argued that innovation should be developed through partnerships rather than treated as a price-comparison exercise.

He added that suppliers should receive appropriate commercial benefits for their development work, while brand owners should recognize that raw material price movements can justify changes in packaging costs.

The discussion concluded with a call for collaboration that extends beyond individual brand owners and converters. Panelists said successful innovations should, where feasible, be made available more widely across the industry to support common sustainability objectives and improve adoption of recyclable and recycled-content packaging breakthroughs.

They suggested this approach could help reconcile the need to protect intellectual property with the industry’s broader requirements for supply-chain security, cost efficiency and sustainable packaging development. The session created a buzz, and the ensuing panels kept ‘Walking in Each Other’s Shoes.’

Packaging South Asia — An authentic, impactful, and influential 20-year-old !

An English-language packaging industry B2B platform in print and web, Packaging South Asia is in its 20th year of publication. Without claims about being the best, most widely read, or most influential, our Google analytics have doubled in the past year. If you are interested in impactfully targeting the Indian and South Asian markets to sell equipment, technology, software, and consumables, we can help.

We can assess your potential and addressable markets in light of the competition with research and discuss marketing, communication, and sales strategies for market entry and growth. [www.ippstar.org]

With a strategy and budget for targeted marketing, you can discuss optimal use of our hybrid print, web, video, and social media channels for brand recognition linked to market relevance. Our platforms and channels are differentiated by hands-on domain practice and experience. We understand of business and financials, and our team, including some of the best globally recognized technical writers, is ready to meet you and your customers for content.

Get our 2026 media kit and recalibrate your role in this dynamic market. Enhance visibility and relevance to turn potential customers into success. Ask for a sample copy of our print monthly or our two weekly packaging eZines.

For editorial info@ippgroup.in — for advertisement ads1@ippgroup.in and for subscriptions subscription@ippgroup.in

Naresh Khanna – 12 January 2026

Subscribe Now

NEWSLETTER

Subscribe to our Newsletter

LEAVE A REPLY

Please enter your comment!
Please enter your name here