In an interview with Arun Anand, president of GLS Films, we delve into the recent significant investments undertaken by GLS Group to bolster production capacities in diverse sectors. The discussion highlights the distinctive backward vertical integration approach employed by the company. Anand provides insights into GLS Films’ innovative methods, sustainability endeavors, initiatives for professionalization, and the transformative influence on overall performance and market positioning.
Manash Das: What’s your latest capacity expansion investment and how do you anticipate it will boost productivity and market strategy?
Arun Anand:GLS Group has recently undertaken substantial investments to expand our production capacities across multiple sectors, aligning with our distinctive backward vertical integration approach. These strategic investments are pivotal in bolstering our productivity and refining our market strategies. The expansions in various facets such as flexible packaging, PET film manufacturing, aseptic packaging, chemicals, and aluminum foil have significantly fortified our operational capabilities, enabling us to more effectively meet the burgeoning demands of the market.
Manash Das: In the ever-evolving packaging industry, what innovative approaches has GLS Films adopted to stay competitive?
Arun Anand: In response to the ever-evolving landscape of the packaging industry, GLS Films remains at the forefront of innovation. Our commitment to sustainability and technological advancement stands out prominently. The recent adoption of water-based inks represents a paradigm shift towards eco-friendly practices, not only enhancing our operational efficiency but also ensuring compliance with rigorous industry standards, particularly in food-grade flexible packaging. Apart from this, we have also been able to successfully develop various laminate structures with HS Pet film (a unique product from GLS Group) and high-barrier metalized PE film.
Manash Das: What specific changes or initiatives have been undertaken by GLS to professionalize and structure itself?
Arun Anand: GLS Group has strategically concentrated efforts on professionalizing and fortifying our operational framework. A particular focus has been placed on infrastructure development and the cultivation of specialized expertise by introducing SAP integrity at group level for inter and intra-connectivity. Our chemical arm, Yansefu, exemplifies this dedication by spearheading the development of water-based inks, a testament to our dedication to reducing solvent consumption and adhering to the highest industry standards. We are a one-stop solution with close proximity to the industry.
Manash Das: How has this transformation impacted the overall performance and market positioning of GLS Films?
Arun Anand: The transformational journey embarked upon by GLS Films has yielded tangible and positive results, significantly influencing our overall performance and market standing. We have witnessed substantial growth and have cemented a robust presence within the industry, catering to an esteemed clientele base both domestically and internationally.
Manash Das: What are GLS Films’ key objectives and long-term goals for the future?
Arun Anand: Our primary objectives are centered on sustainable practices and pioneering innovation. With a visionary goal to achieve net energy neutrality by 2026–27, GLS Group is steadfast in expanding infrastructure, forging strategic alliances through joint ventures, and pioneering groundbreaking initiatives within the packaging sector.
Manash Das: How does GLS Films address sustainability and environmental concerns in its packaging solutions?
Arun Anand: GLS Films places utmost importance on sustainability through a multifaceted approach. Our commitment is reflected in various initiatives such as green infrastructure, rainwater harvesting, solar power utilization, zero liquid discharge plants, internal recycling of plastic waste, and the adoption of eco-friendly products like HS Pet, Met PE, Alox Pet, and the groundbreaking transition to water-based inks.
Manash Das: Are there any upcoming projects or innovations that you can share with us?
Arun Anand: As we march ahead, the integration of water-based inks stands as a notable upcoming project, symbolizing our unwavering commitment to sustainability. Concurrently, our focus remains on expanding infrastructure, forging strategic alliances, and spearheading pioneering endeavors within the packaging industry to meet the evolving needs of the market. We have few upcoming projects such as recycle PET (PCR PET), transparent high-barrier coatings, monofamily structures and more.