date:Dec 04, 2012
here are about 600-700 packaging machinery manufacturers in India. About 95 per cent of them are in the small and medium sector. The country's packaging machinery imports are estimated to be about $125 million.
In 2007-2008, the import (customs) duty levied on packaging machinery was about 25.58 per cent. Till recently, Germany and Italy were major suppliers of packaging machinery to India, but the focus is gradually shifting to Asian countries like China, Korea and Taiwan.
Even the exports of