date:Jun 08, 2015
billion. The average annual growth rate is about 13 - 15%. However, there is great growth potential in the sector since Indias per capita consumption of packaging is only 4.3 kg whereas Asian countries like China and Taiwan show about 6 kg and 19 kg, respectively. This clearly indicates that there are many more commodities which need to be marketed in packaged condition and thus, a great business opportunity stands for the Indian packaging industry.
Moreover, the Indian retail market is the fi