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FlexiblesUFlex advocates for PLI backing to boost India’s packaging...

UFlex advocates for PLI backing to boost India’s packaging industry at PHDCCI forum

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UFlex advocates for PLI backing to boost India’s packaging industry at PHDCCI forum

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UFlex, India’s largest multinational flexible packaging and solutions company, participated in a conference on ‘Advances in Packaging’ held at PHDCCI House, New Delhi. The event, organized by the PHD Chamber of Commerce and Industry (PHDCCI), brought together industry leaders, government officials, and stakeholders to discuss the future of the packaging sector. During the inaugural session, Amit Shah, joint president – Flexible Packaging Business, UFlex, delivered a keynote address on ‘Challenges & Opportunities in the Future of Packaging in India.’

The session was attended by prominent dignitaries including Ajit Gupta, chair, PHDCCI Packaging Committee and MD, Ajit Industries; Sanjay Gupta, senior vice president (corporate packaging procurement and packaging development), DS Group; Sagar Singh, joint director, Bureau of Indian Standards (BIS), Government of India on ‘Regulatory Framework & Standardization on Packaging & Printing Inks in India; and Dr. Tanweer Alam, additional director & RO, Indian Institute of Packaging (IIP), Delhi.

In the session, Shah highlighted the significant role of government policies in fostering the growth of India’s packaging industry and its contribution to economic development, food security, and sustainability. He suggested that extending the Production Linked Incentive (PLI) Scheme, which has already proven beneficial for the food processing sector, to the packaging industry could fuel the growth of the packaging sector. Given the packaging sector’s crucial role in complementing food processing and exports, Shah expressed that such an extension could help unlock opportunities for growth and innovation in the industry.

Shah said, “The packaging industry is no longer just a secondary process; it is an essential enabler of food safety, product shelf life, and sustainability. With the right government support, particularly through the extension of the PLI scheme in the packaging sector, we can unlock tremendous growth potential, drive innovation, and improve India’s global competitiveness.”

He also addressed key areas where government policies could drive the industry forward, including export incentives for packaging materials, regulatory support for the use of recycled content in packaging, and fostering the development of manufacturing hubs to create new job opportunities.

In conclusion, Shah emphasized that for the packaging industry to reach its full potential, it is essential to have a collaborative approach that involves government policies, industry stakeholders, and consumers. He called for continued innovation and regulatory support to help India lead the way in sustainable and competitive packaging solutions.

NewsDesk
NewsDesk
The editorial team of The Packman who handle all the press releases with Sunil Jain working as the desk editor.

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