UPM Raflatac has opened a new office at Borivali, Mumbai. Following a decade of success in India, the company is anticipating further growth in line with double-digit growth in the Indian label stock market. Label consumption is currently at 380 million sq. m annually.
“Wet glue labelling remains a big market, which is beginning to transfer to self-adhesives. In particular, we are seeing high growth in the pharmaceutical and Fast Moving Consumer Goods industries,” says Praveen Gupta, UPM Raflatac country manager for South Asia. “We’re focusing on value addition. With worldwide sales of EUR 1.4 billion for 2015, this strategy is positively affecting our business.”
UPM Raflatac has strategically located assets worldwide, which enable the company to offer high-quality products and first-class service at the right time in every corner of the world.
This global platform together with local sales in India ensures the company’s success also in the future.
“Our brand is known for its quality, which we ensure by having strict quality control and latest production technology in place in our factories worldwide. Our local service and distribution terminals, located close to our customers, guarantee that we can cater to our customers’ increasingly specialized needs,” Gupta says.