date:Jan 08, 2014
According to the Union Minister for State for Commerce and Industry E M Sudarsana Natchiappan, the global turnover of packaging is about $550bn (335bn).
The annual growth rate of this sector is about 15 per cent per annum and it is expected that annual turnover of Indian packaging industry will touch $ 32 billion by 2025, he said.
The UK packaging manufacturing industry has annual sales of 11bn.
Indias middle class population is expected to increase up to ten-fold by 2025 which will boost the