DIC India Limited value-adds

Safety audits for flexibles


At DIC India, safety is a core value for business. In line with its mission of being customer focused, the company has taken the lead in supporting its flexible packaging customers in their business sustainability by proactively providing safety, health and environment services.

The Safety DOJO Room at the DIC
facility in Noida

DIC India has started providing Technical Safety Audits to its existing and new customers as ‘value-added services,’ which help customers in identifying their key fire safety risks and
advising them on remedial measures and actions. Timely adoption of these practices and taking remedial action where necessary leads to mitigating a lot of the operational risks in flexible packaging plants and avoids hazards and injuries to personnel as well as production and business interruptions. Available services in this vertical include safety training and emergency planning.

For the flexible packaging industry which is prone to such safety hazards (with several serious incidents in recent years attributed to poor housekeeping amongst other safety and
health hazards), the DIC Safety Audits have been welcomed by converters as a useful value addition. New customers setting up their greenfield plants with less knowledge of the safety risks in such operations have shown great interest in using these services fromthe DIC team, which has helped them in identifying safety risks in their new operations and to take control measures to address them.

Some of the customers who have availed the safety audit and consultation services are really excited and have appreciated the effort in engaging and supporting customers. DIC India is committed to extend all possible support to its customers.

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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 grown 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!

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– Naresh Khanna (25 October 2023)

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