Category Archives: Industry

Bulk Packaging Industry in India

Posted By Admin OnNovember 19, 2020

Bulk Packaging Market in India Growing at around 8 to 10% per annum, the packaging Industry in India stood at INR 1920 billion in 2019-20. Bulk packaging accounts for around 46% and is mainly concerned with safe transportation of goods. Paradigm shifts in retailing, logistics, warehousing and material handling systems, in the last two decades, have influenced the developments in the bulk packaging sector. Material reduction, space saving, and light weighting have an increasingly important […]

Expanding markets for printed paperboard packaging in India

Posted By R. Eashwar Ramu OnNovember 9, 2020

The Indian consumer packaging market was valued at an estimated INR 998 billion in 2019-20 and the consumer paperboard packaging sector comprising printed folded cartons, liquid cartons and composite containers, accounted for about 22% or INR 218 billion (~3.1 billion). Within this, printed folding cartons accounted for 89% followed by liquid cartons and composite containers. (Note: This discussion does not include corrugated cartons which is classified under bulk packaging) Over the last couple of decades, […]

Vertical growth potential – the Indian elevator industry

Posted By R. Eashwar Ramu OnNovember 9, 2020

The building & construction sector, one of the key drivers of the Indian economy, provides employment to over 40 million people and contributed to an estimated 7% of India’s GDP in 2019-20. However, this sector has been impacted on multiple fronts in recent years, from demonetisation and RERA implementation to the general economic slowdown. The pandemic and the ensuing lockdowns this year have taken a heavy toll of the B & C sector with cascading […]

Wiring harness industry in India

Posted By Team MCG OnDecember 5, 2016

Wiring harness is essentially the nervous system in electrical/ electronic circuits and finds varied applications ranging across automotive, consumer durables and other electronic devices. The domestic wiring harness industry has expanded over the recent years backed by the growth of India as a global automotive manufacturing hub. Wiring harness manufacturers work closely with the OEMs to develop harness systems for various vehicle models and variants.The availability of skilled labour at relatively lower costs is […]