The
packaging industry in India has been registering a
constant growth rate of 15%. The Corrugated packaging
industry is however finding itself at the crossroads.
Increasing
prices of kraft paper, non availability of international
standard papers at affordable prices, resistance of
corrugated box user industry to offer sustainable
prices, increasing competition, non viability of automatic
plants are proving to be hurdles in the growth path.
Despite
these adverse circumstances, the industry is all set
to take on the challenges and look at the future opportunities.
As
global companies set up their manufacturing bases
in India to meet the growing demand for consumer and
white goods – the need for high quality boxes
is appearing evident.
Progressive
Corrugators are setting up automatic board/box making
plants to increase production and enhance performance
of boxes. In house printing on corrugated is becoming
imperative.
All this portends well for the industry. Insurgence
of corrugated packaging machines from neighbouring
China and Taiwan will prove to be a threat as well
as a great opportunity considering the inherent capabilities
and experience of Indian Corrugated Machinery Manufacturers.
Strategic alliances with overseas machinery manufacturers
is already happening and will soon become a norm.
Reflecting
these trends, INDIA CORRUGATED SHOW 2008
will provide a platform for technologies that will
trigger the future growth of the corrugated box industry.
In
the background of the success of the recent India
Corrugated Show 2005 at Chennai, India Corrugated
Show 2006 at Delhi, India Corrugated Show 2007 at
Delhi,the 2008 SHOW will surely be bigger and more
focused on the happenings in the industry.