New Delhi [India] SIG, a premier packaging solutions provider, has experienced exponential development and is poised to become one of India’s fastest-growing aseptic packaging businesses. (Net Zero Target)
With improved manufacturing capacity and agreements with the majority of the largest Indian beverage, juice, and dairy businesses, the brand intends to develop its business in India.
The journey of India’s aseptic carton began with two iconic customers: ITC and Coca-Cola India. Its success in the industry can be ascribed to its excellent value offering, which offers clients innovative, aseptic packaging solutions.
As a result, SIG now works with leading beverage companies in India, including Amul, Parle Agro, Coca-Cola, ITC, Milky Mist, PepsiCo, KMF, Dabur, Haldiram, and Creamline Dairy. SIG is looking to accelerate its growth trajectory in India today, with a solid foundation of installed filling machines across the country and a full-fledged, experienced local team.
“SIG’s growing customer base in India is a testimony to our attractive product offering and our sustainable packaging technology. With the new investment and increased production capacities, we are set to grow significantly in the upcoming years” states Samuel Sigrist, the global CEO of SIG.
Samuel Sigrist visited India “SIG’s growing customer base in India is a testimony to our attractive product offering and our sustainable packaging technology. With the new investment and increased production capacities, we are set to grow significantly in the upcoming years” states Samuel Sigrist, the global CEO of SIG.
Between April 3 and 5, Samuel Sigrist traveled to India with SIG executives to inaugurate SIG’s second production plant in Palghar, which specializes in the production of SIG’s bag-in-box and spouted pouch packaging, previously marketed under the Scholle IPN and Bossar brands.
“The Switzerland-based food and beverage packaging major SIG Combibloc Group AG is betting big on India to meet its Net Zero Target by 2050,” he added. We face a major issue in feeding the world’s population, and the most effective method to do so is to eliminate food waste. Food waste can be greatly reduced with our industry-leading packaging options that provide a long shelf life and durability during transit.
The population growth in India will continue to fuel our market growth, and we are thrilled to be a part of it.” on April 3 and 5, accompanied by SIG executives, to open SIG’s second manufacturing plant in Palghar, which specializes in the production of SIG’s bag-in-box and spouted pouch packaging, previously marketed under the Scholle IPN and Bossar brands. “The Switzerland-based food and beverage packaging major SIG Combibloc Group AG is betting big on India to meet its Net Zero Target by 2050,” he added. We face a major issue in feeding the world’s population, and the most effective method to do so is to eliminate food waste.
Food waste can be greatly reduced with our industry-leading packaging options that provide a long shelf life and durability during transit. India’s population growth will continue to propel our market expansion, and we are thrilled to be a part of it.”
SIG’s current expansion goals align with the “Make in India” strategy, which promotes local production. In light of this, the company recently announced the establishment of its first aseptic carton plant in Ahmedabad, Gujarat. It will invest up to EUR60 million between 2023 and 2025. The goal is to achieve a production capacity of 4 billion packets per year. Furthermore, significant further capacity investments can be made over time, and buildings will be financed via a long-term lease with an NPV of around EUR30 million.
”It is impressive to see SIG’s operations in India expand rapidly, even amidst market fluctuations and challenges. The company has demonstrated remarkable potential, and I am confident that this success can be attributed to its focus on sustainability and integrated production capacities,’ says Vandana Tandan, Head of Markets for India, and Bangladesh.
SIG first entered the Indian market in 2017. The company has rapidly expanded its activities and will have over 40 SIG filling lines for aseptic carton packs in operation for its customers in India by the end of 2023.
Furthermore, SIG intends to launch globally acclaimed and innovative products in India as a result of its thorough R&D strategy. NewsReach provided the content for this article. ANI accepts no responsibility for the content of this article.
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