Shilip Kumar appointed president

New development at Henkel India

230
Shilip
Shilip Kumar, president of Henkel India

Henkel, a leading global player in adhesives, home care and beauty care, has appointed Shilip Kumar as the president of its India business, effective 1 June 2016. Besides steering the adhesives and beauty care businesses of Henkel Adhesives Technologies India (Henkel India), Kumar will continue in his existing role of business director for Transportation and Metal Adhesives SBU in the India, Middle East, Africa (IMEA) regions. Kumar succeeds Jeremy Hunter, who led the India business for over five years and has now moved on to Shanghai as president of Henkel China. Based out of Henkel India’s head office at Navi
Mumbai, Kumar will be responsible for leading Henkel’s businesses in India through its next growth phase.

Kumar started his journey with Henkel in 2011, where he was responsible for integrating the SBU’s operations across three legal entities, including two joint ventures, to leverage the scale of its business in the country. He also spearheaded the India Innovation Centre – Pune project for Henkel. The centre was commissioned in October 2013 and has since contributed significantly to the success of Henkel’s adhesives business in India. Kumar was promoted as business director of Transportation and Metal SBU in the then newly created region of India, Middle East and Africa (IMEA) in April 2013 and has since successfully led the profitable growth of that business. He relocated to the IMEA regional headquarters in Dubai in January 2015.

Commenting on his new role Kumar said, “I am pleased to take up the additional responsibility as president of Henkel India. India offers considerable growth potential for Henkel and it will be our endeavor to ensure that we utilize effectively the resources and investments made by our parent company to capitalize on this potential. Our focus remains on delivering innovative technologies and solutions that help create value for our customers in the country.”

Packaging South Asia — resilient, growing and impactful — daily, monthly — always responsive

The multi-channel B2B in print and digital 17-year-old platform matches the industry’s growth trajectory. The Indian, South Asian, Southeast Asian, and Middle East packaging industries are looking beyond the resilience of the past three years. They are resuming capacity expansion and diversification, with high technology and automation in new plants and projects.

As we present our 2024 publishing plan, India’s real GDP growth for the financial year ending 31 March 2024 will exceed 6%. The packaging industry growth will match the GDP growth in volume terms and surpass it by at least 3% in terms of nominal growth allowing for price inflation in energy, raw materials, consumables, and capital equipment.

The capacity for flexible film manufacturing in India increased by 45% over the past four years. With orders in place, we expect another 20% capacity addition in 2024 and 2025. Capacities in monocartons, corrugation, aseptic liquid packaging, and labels are growing similarly. As the consumption story returns over the next six months, we expect demand to return and exceed the growth trajectory of previous years. The numbers are positive for most of the economies in the region – and as shown by our analytics, our platform increasingly reaches and influences these.

For responsible and sustainable packaging, with its attendant regulations and compliances, there is significant headroom to grow in India and the region. Our coverage includes the entire packaging supply chain – from concept to shelf and to waste collection, sorting, and recycling.

We target brand owners, product managers, raw material suppliers, packaging designers and converters, and recyclers. This is a large and complex canvas – the only thing that can work is your agile thinking and innovation together with our continuous learning and persistence.

The coming year looks to be an up year in this region, and this is the right time to plan your participation and marketing communication – in our rich and highly targeted business platform with human resources on the ground. Share your thoughts and plans to inspire and mobilize our editorial and advertising teams!

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

– Naresh Khanna (25 October 2023)

Subscribe Now
unnamed 1

NEWSLETTER

Subscribe to our Newsletter