L-R: Somashekara NT, managersales; and Venugoppal Nair, vicepresident of Bobst India
L-R: Somashekara NT, manager sales; and Venugoppal Nair, vice president of Bobst India

On 18 December 2015, Bobst celebrated its 125th anniversary along with the customer meet at Hotel My Fortune in Bengaluru. Venugopal Menon, president – sales for the business sheetfed unit at Bobst India, welcomed the visitors and gave a presentation en-titled “What drives competitiveness?Low investment or better efficiency?’’ Menon presented the trends and statistics of the folding carton industry and highlighted the litho laminated cartons which are anticipated to grow globally from US$ 87 billion in 2014 to US$ 105billion by 2020. Majority of the growth is expected from food and healthcare other than confectionery and liquor segments. According to the latest Smithers Pira report, the per captia spend on packaging in India is US$ 3.2 dollar per annum as compared to US$ 13 per annum in China, US$ 2.3 per annum in Africa and US$ 50 per annum in Japan.Currently the paperboard production is2.5 million metric tonnes and is expect-ed to grow to 3.4 million metric tonnes by 2020. With 35% share lead by the food and healthcare division the consumption should grow from…

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