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6th Indiapack 2015 kickstarts with focus on world packaging market growth
Friday, 09 October, 2015, 08 : 00 AM [IST]
Harcha Bhaskar, Mumbai
The 6th edition of Indiapack 2015, an international packaging exhibition, kicked off at Bombay Exhibition Centre, Mumbai, on Thursday. The event was inaugurated by Rajni Ranjan Rashmi, additional secretary, ministry of commerce and industry, Government of India. The event will be on till Oct 11, 2015.
Speaking on the occasion, Rashmi said, "The world packaging market today is in the range of $727 billion and its growing at the rate of 4 to 5% but as the size of the Indian packaging industry is about 3-4% of the world market, its growing at a phenomenal rate. Its growing at almost 10%, which is higher than the range of growth for the world packaging industry and this is a good omen for all of us. This is a good opportunity for the industry and everyone who wants to participate in the growth of the Indian economy."
He further said, "The new foreign trade policy, the quality of packaging is one of the focal areas of concern for the ministry and there are several incentives which are available for the packaging, the quality of packaging and the quality of exports. We would request you to look at those regime that is available to the industry in terms of these incentives and make use of it.”
Rashmi stated, “There is a committee that is functioning in the ministry and I'm personally involved with that, to help with the industry standards for different types of packaging. This applies to both the international market as well as the domestic market.”
He added, “So therefore there is a challenge in terms of standardisation of packaging which has to be met with all of us together and we need to develop those standards and also adopt them and disseminate it and actually get the industry to adopt those standards, voluntarily."
As per Indian Institute of Packaging, the organisers, the 4-day show has expanded to 12,000sq/m. There are 300+ exhibitors showcasing their offering in packaging machinery, material, and service segment. The show is expecting a footfall of 1,500 over the four days. In the year 2015, the Indian packaging industry is likely to grow to US$32.5 bn and can continue to grow at 15%.
The concurrent event World Packaging Congress 2015 scheduled for Oct 9 & 10, 2015, at Hotel Renaissance, Mumbai, would be inaugurated by Harsimrat Kaur Badal, minister of food processing industries, Government of India.
Mohan Singh Kathayat, secretary, Indian Institute of Packaging, said, "The special attraction to the event is international buyer-seller meet. The countries participating in this event are Sri Lanka, Bangladesh, Nepal, and the UAE. The meet will probably result in the business deal between international and Indian companies."
"The meets are scheduled for 2 days i.e., Oct 8, 9, 2015. For the day one 25 meets are already scheduled and day two 15 meets have been registered till now."
"There is also an arrangement of product launch pavilion wherein the new product launches would be announced on last day of the event," he added.
The event has been receiving huge response with 300 exhibitors and the stall of UFLEX, which is one of the biggest and most attractive.
Amit Ray, group president, flexible packaging division & allied businesses, in an interaction revealed, "The group's 60% business come from food industry. The prime clients they cater to are Nestle, Horlicks (Heinz), Pepsi. The company offers 360-degree packaging solutions like design, printing, delivery, packaging machinery from farm to fork. Also the company announces to venture into tetrapackaging in the 3 quarter of next year for beverages."
Ankur Korani, director, Nitika Containers Pvt. Ltd, and one of the exhibitors for the last three years at the event, had introduced 'Gifting Tin' packaging options in the event. Talking about it, he said, "This is an idea created by Nikita that would cater to consumers as well as on large-scale to B2B sections. The food-friendly tins are lightweight, colourfully printed, air tight that retain the aroma, flavour, freshness of the food. Currently we are catering customised tins to Cookieman, Monginis, Shree Krishna Sweets for their product Mysorepak (Chennai) and Anand Bhavan (Chennai).
Durgaprasad Tiwari, marketing executive, Sanjeev Flexi Pack Pvt. Ltd, and exhibitor at the event, mentioned about the launch of retort pouch in the event.
Talking about retort pouch packaging, he said, "We intend to introduce retort packaging solution in Western region. The retort packages are specifically made to serve food industry. The pouches are food grade 4-layer leakage in spoilage proof. Catering mainly to heat-and-eat food sector, the food in pouches can be cooked or heated upto 120-degree Celsius in oven or boiling water. The pouches just have to put in oven/ boiling water for 1/5 minutes, remove, cut open and serve hot."
The 7th edition of Indiapack is planned for April 2018.
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