Overview of Packaging Business

The packaging industry is the third largest in the world and is expected to grow at the rate of 9% CAGR in the next five years. In India it is expected to grow @ 15- 16%. Economic Times reported on 6th January, 2014 that:

- The annual turnover of Indian packaging industry will touch $ 32 billion by 2025 from the present $ 24.6 billion
- In the world scenario, the total turnover of packaging industry is about $ 550 billion

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