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Manjushree Technopack announces recycling packaging plant; to collaborate with FMCG industry

The company said it will replicate the recycling manufacturing line across the country.The exercise, it called “Born Again”, will deliver recycled packaging material to the FMCG industry, and is vertically integrated with the plastic waste collection ecosystem, the company said in a statement.

Govt allows pre-printed packaging to be used until September due to pandemic

Several sectors including fast-moving consumer goods (FMCG), pharmaceutical, packaged food among others are expected benefited due to this. Under the laws, in normal circumstances, relabelling or putting stickers on earlier dates are not permitted.

Government allows cos to use pre-printed packaging

However, manufacturers of packaged commodities will have to stamp or put stickers declaring details of the correct month and year of manufacturing and packing on the pre-packaged products, said an order issued by the Consumer Affairs Ministry.

Unique challenges facing the packaging industry in light of COVID-19

A few weeks ago I was asked at a meeting, “Sachin, what is one of the biggest challenges in the packaging industry?” Honestly, I hadn’t anticipated my respon...

Startup needs support for providing PPE to Fight COVID-19

With the nation on lockdown, experts suggest India is just a few days behind the situation in other countries. While the government response will be crucial ...

Ecommerce, takeaway joints face shortage of packaging material

The packaging supply chain is at a standstill as India has halted imports from China — a major hub for plastics — and as local manufacturers struggle with permissions to operate under a lockdown, various executives told.

Hindalco plans big on packaging, large aluminium containers

Hindalco Industries is betting big on the packaging and transport containers segment. The move is due to the low per capita use of aluminium in the country which is at 2.6 kg now and being the largest producer of the metal, it gives an added advantage to the AV Birla flagship. The domestic packaging industry is a USD 35 billion and is growing at around 25 percent annually.

India's biggest packager sees profits in plan to cut plastic

Uflex aims to invest $500 mn to expand existing facilities and build new ones focused on greener materials.

Recycling is not really an answer; packaging must be biodegradable: Rhea Mazumdar Singhal, founder Ecoware

The 37-year-old is the founder of Ecoware, a biodegradable food packaging company based out of Greater Noida. It makes plates, cups and bowls from agricultural waste such as sugarcane bagasse.

India's packaging industry to touch $72.6 billion by FY20: ASSOCHAM-EY study

"India's packaging industry is expected to witness an outstanding growth during 2016-21, and anticipated to reach USD 72.6 billion by FY20," study said.

Albéa, Blackstone in talks to acquire specialty packaging company Essel Propack

Albéa, Blackstone in talks to acquire specialty packaging company Essel Propack

Albéa, a global leader in beauty, personal care, oral care, pharmaceutical and food packaging, is owned by French private equity fund PAI Partners.

FSSAI moves to make food packaging safer

FSSAI moves to make food packaging safer

The survey findings show the packaging material used in organised sector is largely safe, while it highlights major discrepancies in unorganised sector.

PE firm Advent acquires Manjushree Technopack

PE firm Advent acquires Manjushree Technopack

As part of the transaction, Advent purchased all the shares owned by existing investor Kedaara Capital and a portion of the promoters Kedia family’s stake in Manjushree Technopack.

Packaged products should be labelled in Hindi, regional languages: Ram Vilas Paswan

Packaged products should be labelled in Hindi, regional languages: Ram Vilas Paswan

The government, however, does not plan to make this exercise mandatory FMCG firms, and that the industry must adopt it voluntarily.

Advent to buy majority stake in Manjushree

Advent to buy majority stake in Manjushree

India’s packaging industry is gripped by an unprecedented global consolidation and promoter’s of India’s largest speciality packaging packaging company, Essel Propack, are looking to sell out.

Advent, SCG in final talks for a stake in Manjushree

Advent, SCG in final talks for a stake in Manjushree

Domestic PE firm Kedaara Capital holds about 24% stake in Manjushree, India's largest PET manufacturer, while the rest is held by promoter Vimal Kedia.

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