Constantia Flexibles expands production capacity at its Indian subsidiary Parikh Packaging, in Ahmedabad, Gujarat. Investing double-digit million euro (INR 100 crore), the company already laid the foundation stone in mid-2017, on a new greenfield site that is close to existing production at Parikh. Currently, construction is in progress meeting the highest international environmental, hygiene and work safety standards. The additional capacity will be operational in 2019 to serve the growing demand from leading multinationals in the food and home and personal care (HPC) industries in India. The growing market for flexible packaging in India is expected to show double-digit growth in the mid-term, driven by the megatrend urbanization and the expansion of the retail sector.
Facilities at the plant would include a polyethylene blown film extruder, high-definition Flexo printing press and laminators to produce high barrier laminates fully recycle-able.
Stefan Grote, Executive Vice President of the Food division at Constantia Flexibles, commented. “Our investment strengthens Parikh Packaging’s credentials as a leading provider of innovation and service to customers in the Indian subcontinent. Major FMCGs are demanding the highest level of sustainability for their packaging material and they will have to comply with upcoming Indian Plastic Waste Management (PWM) regulations that promote only fully recyclable flexible packaging.”
Parikh Packaging is a subsidiary of Constantia Flexibles since 2013 with a production unit in Ahmedabad, including rotogravure printing machines, PE extruders, various lamination technologies and pouch making.
Constantia Flexibles, the world’s fourth-largest producer of flexible packaging, operates with the guiding principle of ‘People, Passion, Packaging. Many international companies and local market leaders from the food and pharma industries prefer the sustainable and innovative products of Constantia Flexibles.