Mr. Gaurav Jalan, CEO & Director of India’s leading packaging company Packman Packaging, shares that India should expect strong growth of employment and revenue opportunity from the packaging industry by 2020. Mr Jalan says that at present the Indian packaging industry employs nearly 5 million people directly and another 15 million people indirectly and these figures should see a significant jump due to the industry growth.
Quoting on Assocham’s latest industrial report that forecasts Indian packaging industry size to touch USD 72.6 billion by 2020, Mr Jalan shares the reasons why the packaging industry is witnessing a 100% growth within a span of 5 years (in 2015 packaging industry was USD 31 billion).
Mr Jalan shares that a large percentage of packaging market growth is fueled by the rapidly growing pharmaceutical, organized retail and e-commerce industries. These industries are largely seeking the strength and durability of their packaging solutions to minimize the loss of goods while they are transported to the end-users. Also, these industries are gradually turning brand conscious and seeking high-quality printing solutions to print their logos and brand information on the packages.
Also, there is a rise in consumer expectations from brands to be more environmentally responsible and at the same time organization to are looking for cost-effective packaging solutions. This added to the growth of recyclable packaging solutions like corrugated boxes that can be recycled again and again, without any compromise in their strength, durability, and quality.
Similarly, there are additions of demand from new entrepreneurs, small and medium enterprise that are also contributing to the overall growth of the Indian packaging industry.
Mr. Gaurav Jalan is the Founder and Director of Packman Packaging, one of the largest Indian packaging company that has been serving some of the world’s eminent technology, pharmaceutical, retail, fast-moving consumer goods, food, courier, publication, Jewellery, fashion, e-commerce organizations for the past 30 years.
A brilliant academic, a good graphic designer and a graduate from India’s top management institutes, Mr. Jalan is a visionary businessman and an eminent spokesperson on matters related to the Indian Packaging industry. He has witnessed and as well as participated in the growth process of India’s packaging industry’s that was few billions dollar market in 2010, grew into USD 31 billion in 2015 and is expected to turn$72 billion by 2020.
Under the leadership of Mr Gaurav Jalan, Packman.co.in (Packman’s official website) became India’s first e-commerce store for packaging solutions in the year 2002 (5 years before Flipkart was launch).
In years 2003-2005, when the majority of Indian packaging companies were primarily focused on their revenue and operations, Packman under Mr Jalan’s leadership has started using eco-friendly and recycled packaging raw materials.
Today, Packman Packaging manufactures more than one lakhs of corrugated rolls, corrugated boxes, high quality bubble sheets, safety/courier bags and more from it state of art manufacturing unit, located in Delhi NCR region. The manufacturing unit uses some of the world’s most advanced packaging material manufacturing machinery with world’s best printing technology that ensures Packman’s customers get fast and efficient delivery, high-quality brand representation through their product packaging.