date:Dec 04, 2012
llion is growing at about two per cent and has about 10 million units.
The fibre drum and composites market, valued at Rs 4 billion, is growing at 10 per cent. The flexible bulk packaging industry including woven sacks, leno bags, wrapping fabric and flexible intermediate bulk containers (FIBC) is worth Rs 140 billion and growing at over 20 per cent.
In fact, FIBC containers are expected to grow threefold in the next five years, riding on increased industrial production and a shift toward h