Elevating the Corrugated Packaging Machinery Industry in India
TIL Desk New Delhi/ The Corru Pack Print India Expo 2024, an exhibition dedicated to the Corrugated Packaging Machinery Industry, is set to unfold from March 7 to March 9 at the India International Convention and Expo Center in New Delhi. Jointly Organized by the Indian Paper Corrugated & Packaging Machinery Manufacturers Association (ICPMA) and the Futurex Group, this event stands as the singular exhibition facilitated by India’s foremost Corrugated Packaging Machinery Association.
This expo will feature leading manufacturers in the Corrugated Packaging Machinery sector, showcasing their latest products with live demonstrations of cutting-edge machines. The event aims to bring together the entire spectrum of the Corrugation Industry, presenting a comprehensive display of products that cater to the Packaging and Corrugated Industries.
In his statement, Hitesh Nagpal, the President of ICPMA, highlighted the unique significance of Corru Pack Print India as a specialized event catering exclusively to the corrugation segment. He emphasized that this exhibition marks a pioneering effort by the association, making it the first of its kind in bringing together Corrugated Packaging Machinery manufacturers.
ICPMA, as India’s first Paper Corrugated & Packaging Machinery Manufacturers Association, has been a driving force since its inception in 2014 at New Delhi. It stands as a modern and dynamic forum that provides valuable opportunities for Indian manufacturers engaged in the Corrugated Packaging Machinery Business on a global scale.
Hitesh outlined the association’s ethos, underscoring the active involvement of its members in advancing the technological landscape of the corrugated industry in the country. He further expressed the association’s vision of fostering growth for its members, ensuring that each participant in the association contributes to improving their business for the benefit of future generations. The ICPMA remains dedicated to its mission of enhancing the technological prowess of the country’s corrugated industry through collaborative efforts and continuous innovation.
The Indian packaging industry, valued at approximately USD 75 billion in FY20, is on a trajectory to achieve a CAGR of 18-20%, reaching nearly USD 200 billion by FY25. This growth is particularly driven by the retail market, the fifth-largest sector in India’s economy, showcasing consistent expansion potential, especially in exports.
Corru Pack Print India 2024 promises to be a hub for networking among packaging peers, expanding industry networks, and learning about new packaging trends. With over 150 live machineries in action, attendees can engage in face-to-face interactions, fostering collaborations and knowledge exchange.
Namit Gupta, Director of Futurex Group said, “It’s a strategic confluence of innovation and business acumen. By bringing together industry leaders, we aim to create a fertile ground for meaningful collaborations, fostering technological advancements and driving the Corrugated Packaging Machinery Industry to new heights.”
The Corrugated Packaging industry in India is experiencing substantial growth, fueled by increased demand for consumer products and the burgeoning e-commerce landscape. As a vital component of the packaging sector, corrugated packaging is playing a crucial role in ensuring the protection of products during distribution, developing brand identity, and managing shipping costs.
Additionally, he shared that Corru Pack Print India is anticipating the participation of over 200+ companies that will showcase their cutting-edge machinery and products during the expo. The event is poised to draw over 8000 buyers from various regions across India and abroad, emphasizing its international reach and impact on the industry.
The event is fortified by invaluable support from esteemed organizations playing pivotal roles in shaping the landscape of the Corrugated Packaging Machinery Industry including the PHD Chamber of Commerce and Industry, the Federation of Corrugated Box Manufacturers (FCBM), and the Indian Institute of Packaging.
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