Networking Roadshow and Panel Discussion on 'Global Opportunities in Packaging – Is India Ready?'

Industry leaders discuss India’s readiness for global packaging opportunities at PackMach Asia Expo 2024 - New Delhi Roadshow
Networking Roadshow and Panel Discussion on 'Global Opportunities in Packaging – Is India Ready?'

On 24 May 2024, industry leaders and experts from the packaging sector gathered at PHD House in New Delhi for a highly anticipated networking roadshow and panel discussion on 'Global Opportunities in Packaging – Is India Ready?'. Organized by Messe Muenchen India in collaboration with the Institute of Packaging Machinery Manufacturers of India (IPMMI) and PHD Chamber of Commerce and Industry (PHDCCI), the event drew professionals eager to explore India's readiness to harness global packaging opportunities.

The evening at PHD House in New Delhi commenced with a warm introduction of the event organizers, Messe Muenchen India and the Institute of Packaging Machinery Manufacturers of India (IPMMI). This was followed by a comprehensive presentation from Mr. Anthony D’Souza, President of IPMMI, who highlighted the various activities and initiatives undertaken by the association. Mr. D’Souza elaborated on IPMMI’s commitment to advancing the packaging industry in India through innovation, education, and adherence to global standards. His presentation set the stage for a fruitful discussion on India's readiness to seize global packaging opportunities.

The evening's highlight was the insightful panel discussion moderated by Dr. Ainain Shahidi, Director of 4 Sixes Packaging and Marketing. The distinguished panel included:

  • Dr. Rajesh Agrawal, General Manager – R&D, Modi-Mundi Pharma

  • Dr. A. K. Datta, Packaging Consultant, Indian Institute of Packaging (IIP)

  • Mr. Sitanshu Bag, AVP – Head Packaging Operation and Projects (India), Emami Agrotech

  • Mr. Naveen Stuart, Cluster Packaging Manager – Health – SoA, Reckitt India

Perspectives on Global Packaging Trends and Opportunities

The panelists shared their perspectives on the global packaging trends, challenges, and opportunities. They discussed how India, with its growing market and innovative capabilities, is poised to become a significant player in the global packaging industry.

Dr. Rajesh Agrawal opened the discussion by emphasizing the immense market potential for packaging, especially in the Asia-Pacific region, which is the fastest-growing market. He noted that India is currently ranked third in this sector and is experiencing double-digit growth. Dr. Agrawal highlighted the critical areas where Indian professionals and entrepreneurs need to focus, including innovation, sustainability, regulatory compliance, R&D, and audits. He stressed the importance of knowledge, education, training, and understanding customers effectively leveraging global opportunities.

Mr. Naveen Stuart addressed the challenges the Indian packaging industry must overcome to capitalize on global opportunities. He pointed out four key areas: infrastructure development (including power, logistics, and warehousing), waste legislation and environmental policies, bridging the technology gap, and navigating regulatory challenges.

Mr. Sitanshu Bag emphasized the importance of supply chain efficiency and logistics costs. He proposed that modernizing warehousing facilities by going vertical could reduce costs, especially given that two-thirds of India lies in seismic zones. He also highlighted the need for competitive packaging design and the rapid adoption of digitalization and automation to improve accuracy, reduce waste, and lower costs per unit.

Dr. A. K. Datta spoke passionately about the importance of audits, advocating for the documentation of all processes and specifications. He reframed audits as value-adding activities rather than fault-finding missions. According to Dr. Datta, standardizing processes and optimizing specifications through comprehensive audits can significantly help the Indian packaging industry tap into global opportunities.

Dr. Ainain Shahidi's dynamic and passionate moderation infused the session with energy, seamlessly weaving together insights and perspectives from the panelists. His engaging style captivated both the panelists and the audience, ensuring the discussions were not only informative but also stimulating.

The event concluded with a vote of thanks from Mr. Mahadevan G. Iyer, Vice President of IPMMI, who acknowledged the contributions of all participants and underscored the importance of such dialogues in advancing India’s packaging industry on a global scale.

As the event wrapped up, it was clear that India's packaging sector is poised for significant growth, driven by innovation, strategic investments, and a keen understanding of global market dynamics. The roadshow and panel discussion provided a crucial platform for industry leaders to share knowledge, discuss challenges, and chart a path forward, reaffirming India’s potential to become a major player in the global packaging industry.

Please visit their official websites for more information on upcoming events and initiatives by Messe Muenchen India and IPMMI, including the PackMach Asia Expo.

PackMach Asia Expo and its co-located trade shows drink technology India and World tea & coffee expo will be held at Mumbai, Bombay Exhibition Centre, from 23 to 25 October 2024.

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