Hyderabad-based flexible packaging major Shrinath Rotopack marked its third presence at Pack Expo that was recently held in Chicago. In the US, the company operates its subsidiary Shrinath Rotopack Americas and has its office in Hoffman estates in the state of Illinois. “We currently have a very small presence in the US with food industry being the most important sector for us,” said Vijay Bhaskar Reddy, business development manager, based out of the US office.
At Pack Expo International, Shrinath Rotopack displayed a wide array of solutions, such as premade pouches, retort pouches, lidding films, spouts, zipper pouches, 7-layer films and shaped pouches. All these products are being manufactured at the company’s plants in Hyderabad.
“The US market has immense potential. We have very ambitious plans to add capacity in the next few years and we feel that in order to fully utilize that capacity, we need to register healthy growth in the US market,” Reddy added. Shrinath Rotopack has plans to be a Rs. 1,100 crore company by 2018–19 with overall laminate capacity to 5000 MT per month by March 2017. The company also has plans to install a new blown film plant next year and venture into collapsible tubes market.
Currently, the company’s manufacturing facilities are spread in 47 acres across three locations on the outskirts of Hyderabad. The Maheshwaram Unit I is spread over an area of 7 acres while the Burgul Unit III is in Mahaboobnagar district with an area of 40 acres.