Packaging Industry Turnover To Reach $ 32 Billion

The total turnover of India’s packaging industry, which is growing at about 15 per cent, is expected to touch USD 32 billion by 2020 on increasing demand. “Indian packaging industry is growing at the rate of 13-15 per cent annually. The total turnover of the industry is about USD 24.6 billion. It is expected that…

Positive Packaging Building Capacity In India And UAE

Empee Group subsidiary Positive Packaging Industries Ltd. has grown through expansion of existing facilities and acquisitions in India and UAE. “We have invested around $ 50 million in setting-up new plants, buying machinery and acquisitions in last few years,” said Anil Sadhwani, Director, RenewSys division. The Mumbai-based company makes printed, laminated and barrier-grade flexible packaging…

Packaging Industry To Grow At CAGR Of 12.3 Pc

The Indian packaging industry is expected to grow at a compounded annual growth rate of 12.3 percent over the next 4 to 5 years, far ahead of the average growth rate in other global markets. “The packaging industry is expected to grow at CAGR of 12.3 percent during the next 4 to 5 years to…

Indian Packaging Industry Likely To Touch $44bn By 2016

The sales turnover of the Indian packaging industry is expected to reach $ 43.7 billion by 2016, revealed a recent analysis by Indian Institute of Packaging (IIP). “The total turnover of the packaging industry in India at present is $ 27.6 billion and expected to grow to around USD 43.7 billion by 2016, whereas the…