The Indian Institute of Packaging
CORPORATE
Dr.(Mrs.) D.
Purandeswari,
Hon. Union Minister of State for Commerce and Industry, Govt. of
India, inaugurates INDIAPACK-2013
The Indian Institute
of Packaging's bi-annual initiative, INDIAPACK 2013 is now in its 5th edition and
being organized at Bombay Exhibition Centre, Goregaon East, Mumbai during
28th to 31st January, 2013 with the theme, Packaging for
Economic Growth⮠
Dr. (Mrs.) D.
Purandeswari, Union Minister of State for Commerce and Industry, Govt. of India
inaugurated the same.
The exhibition has
about 11 overseas exhibitors from USA, , Poland China, Germany, The Netherland,
Denmark, Australia, Japan and Taiwan etc; about 120 exhibitors, and three
pavilions from state governments are participating- viz- Karnataka, Jharkhand
and Bihar.
Concurrently a
two-day International
Summit on "Emerging Trends in New Generation Packaging", with an
objective to disseminate knowledge on issues like environment, health, safety
innovation, aesthetics, quality, economics and consumer convenience, on
29th 30th January, 2013 at Hotel The Leela,
Mumbai.
About
42 speakers will be present, including 18 international speakers who will
disseminate the latest trends in packaging globally.
Says Dr.Purandeswari,
India is the 6th largest packaging market in the world with sales of 24.6 billion
U.S. dollars in 2011. The packaging industry is expected to grow at CAGR of
12.3% during the next 4 to 5 years to become the 4th largest global market, with
sales of U.S. dollars 42.7 billion. This growth rate is far higher than the
world average growth of 6% per annum. Indiapack 2013 will definitely be a major
intervention in technology and knowledge sharing across the
industry.
INDIAPACK 2013 is
supported by Ministry of Commerce & Industry, Ministry of Food Processing
Industries , Ministry of Micro, Small & Medium Enterprises, Government of
India.
Userwise; the share
of Indian Packaging Industry Sector wise is broadly estimated to be:
Processed Food:
48%
Personal Care
Products: 27%
Pharmaceuticals:
6%
Others:
19%
Prof.C Saha, the
Director of the Indian Institute of Packaging, said on the occasion the total
turnover of the packaging industry in India is 24.6 bn USD. Globally its about
550bn USD. There are roughly 22000 packaging companies in the country,
comprising of raw material manufacturers to machinery suppliers to ancillary
material. 85% of these 22000 units are MSMEs. India is at the threshold of
explosive growth and we are looking forward to a great exhibition and knowledge
sharing.
S K Ray Chairman,
IIP added, " In India, the per capita consumption of packaging is only 4.3 kg
per person per annum, as against Germany which is at 42 kg and even Taiwan
which is at 20kg which is very low as compared to global standards. Initiatives
like Indiapack will convert large unpacked commodities into processed and packed
and well-presented commodities. There is an abundance scope for innovation,
entrepreneurship as well as logistical advancements."
Also present on the
occasion was , Mr. Thomas Schneider, President , World Packaging Organisation;
Mr. Subodh Gupta, Chairman- INDIAPACK Exhibition And other Governing Body
members.
In short,
INDIAPACK-2013 is a great initiative for promoting the Indian Packaging Industry
which contribute to 2% GDP to the Indian economy.
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