UFlex Blog - Flexible Packaging Industry in India

 Ashok Chaturvedi, Chairman and Managing Director, UFlex Limited, recently released a report on recyclability of Multi-Layer mixed Plastic (MLP) waste at an event organised and hosted by Plastic Packaging Research and Development Centre (PPRDC). On this occasion, Ashok Chaturvedi, CMD, UFlex Ltd ., released a study report on Recyclability of Multi – Layer mixed Plastics. “At UFlex, we have always taken the lead in developing sustainable packaging solutions for our clients and for facilitating discussions with brand owners and regulators around recyclability of multi-layer mixed plastic waste. As a global leader in packaging, we have made significant investments in recycling facilities across our global locations to demonstrate the various applications of MLP waste. UFlex runs an advanced injection moulding facility at its Noida site and this was established to recycle granules and to demonstrate various possibilities to the moulding industry. Today, decorative, functional, engineer...

As we move into a new year, it’s time to ask what kinds of trends, priorities and disruptive innovations will be the key drivers in 2023. We spoke to Jeevaraj Pillai, joint president, flexible packing business and new product development, UFlex , about the year that has passed by, and the challenges and opportunities for the industry in 2023 and beyond. Consumer markets are experiencing rapid growth, especially in the food, personal care, and pharmaceutical industries and coupled with phenomenal growth in e-commerce sales, the packaging industry continues to register robust growth. Flexible packaging is gaining preference over rigid packaging alternatives, as it is lightweight and cost-effective. Research by allied market research indicates the size of the global flexible packaging market at USD 68.5 billion in 2021, which is projected to reach USD 102.8 billion by 2031 at a CAGR of 4.2%. Read more

A leading flexible packaging solution provider with customers across FMCG, consumer product goods, pharmaceuticals, and other sectors. A leading flexible packaging solution provider with customers across FMCG, consumer product goods, pharmaceuticals, and other sectors. Established in 1985, UFlex has become one of India's most reliable flexible packaging companies. The company offers an extensive range of manufacturing capacities of packaging films, flexible packaging, printing, and other value-added packaging applications, that cater to its customers spread across 140 countries. The services include technologically superior packaging for various products such as snack foods, candy, confectionery, sugar, rice and other cereals, beverages such as tea and coffee, and more. Read more

Mr.Ajay Tandon, President, Engineering business and new product development, UFlex Limited said, “Plastindia is one of the largest platforms to display raw material, converting machines, processing machines, and other products and solutions catering to the packaging and printing industries. Here we are promoting our rotogravure machine with quick auto change over trolley and displaying a solventless laminator with improved tension control systems at the stand. The displayed laminator has a speed of 400 to 450 mtr/min. We also have a different range of slitters, like the new Ecoslit- 600, which can accurately perform at 600 mtrs/mins, giving value for money and better ROI to customers.” Recently, we have introduced the automatic ink trolley change system. It is the first-of- its-kind innovation in the world, where the trolley change-over happens with the press of a button. Usually, in a gravure press, it takes almost 45 minutes to do a change-over of the job, and it is the most tedious...

 Uflex, one of India's leading flexible packaging companies, share price declined 7 percent in the morning session on February 15, a day after the company reported a loss in the December quarter of the financial year 2022-23. The company reported a net loss of Rs 85 crore against a profit of Rs 313 crore in the same period a year ago. At 12.13 pm, Uflex was trading at Rs 483.30 on the National Stock Exchange, down 5.52 percent from the previous day's close. Read more

 Rajesh Bhasin, joint president, UFlex Chemicals Business, in a conversation with the WhatPackaging? Team, gives insights about UFlex’s chemical business and what has been transpiring on the ground with inks and coatings, at Plastindia 2023, held at Pragati Maidan WhatPackaging? (WP): What did UFlex display at Plastindia with the chemical business? Rajesh Bhasin (RB): At Plastindia, we showcased our entire portfolio of products and solutions. The UFlex chemical business has a product basket that consists of inks, adhesives, and coatings. But when we talk about their applications; they include offset, narrow-web, and converting inks and that is the bandwidth we present here. While our initial focus was on the converting industry; we have now added narrow-web and offset to our portfolio as well. Read more

 Joint president and CMO, Flexible Packaging business, UFlex Limited , discusses industry trends and recent developments at UFlex. The flexible packaging industry is growing rapidly, and UFlex is a leader in the industry, both in packaging and in inks. Amit Shah, joint president and CMO, Flexible Packaging business, UFlex Limited, discusses the drivers for this growth as well as some of the recent innovations at UFlex. Ink World: How has the flexible packaging industry been faring in recent years, and is it still growing today? Read more

 Clocks highest ever revenue in FY23 at INR 14,784 Crore and 11.4% YoY revenue growth. UFlex , one of India’s largest multinationals in flexible packaging and solutions company, announced its consolidated financial results for the fourth quarter and full year that ended March 31, 2023. The company’s unaudited results were approved by the Board of Directors in a meeting held 2 June 2023. FY23 Highlights 1. Consolidated revenue grew by 11.4% YoY to INR 14,784 Crore 2. EBITDA (Before currency devaluation/fluctuation gain/l oss) at INR 2068 crore 3. Profit After Tax (PAT) is INR 480.7 crore 4. Highest-ever packaging (Flexible and Aseptic) sales volume; up 32.6% YoY Read more at

"They had no choice but to reduce their consumption for some of the things which are nice to have. And that is what affected the packaging industry because the demand for the energy, especially in the winters, is quite a bit and they had to reallocate their budgets based on the current energy prices," says Rajesh Bhatia,CFO, Uflex. Wanted to begin by asking you about the outlook going forward because FY23 of course was a bit of a dull year for the entire sector given a lot of headwings but going forward what is the outlook looking like for FY24 Read more at

Indian flexible packaging converter UFlex has posted its highest ever revenue in the financial year ending 31 March, 2023, driven by sales volume growth in flexible and aseptic packaging. Revenues grew by 11.4 per cent year-on-year to INR 14,784 crore ($1.79 billion) on the back of a 32.6 per cent growth in sales volume. Company… Read more

A leading flexible packaging solution provider with customers across FMCG, consumer product goods, pharmaceuticals, and other sectors. Established in 1985, UFlex has become one of India's most reliable flexible packaging companies. The company offers an extensive range of manufacturing capacities of packaging films, flexible packaging, printing, and other value-added packaging applications, that cater to its customers spread across 140 countries. The services include technologically superior packaging for various products such as snack foods, candy, confectionery, sugar, rice and other cereals, beverages such as tea and coffee, and more. Read more

Uflex, one of India's leading flexible packaging companies, share price declined 7 percent in the morning session on February 15, a day after the company reported a loss in the December quarter of the financial year 2022-23. The company reported a net loss of Rs 85 crore against a profit of Rs 313 crore in the same period a year ago. At 12.13 pm, Uflex was trading at Rs 483.30 on the National Stock Exchange, down 5.52 percent from the previous day's close. The primary reason for the loss was the devaluation of the Egyptian currency, which caused a loss of Rs 84 crore. During the third quarter, notional foreign exchange losses due to currency devaluation/fluctuations aggregated to Rs 236 crore. Read more

 At the much-awaited Plastindia 2023, UFlex’s engineering, chemicals, and printing cylinder businesses showcased their wide range of printing cylinders, inks, adhesives, coatings, advanced printing, laminating, and slitting machines at booth no A-06, Hall No 11. Mr.Ajay Tandon, President, Engineering business and new product development, UFlex Limited said, “Plastindia is one of the largest platforms to display raw material, converting machines, processing machines, and other products and solutions catering to the packaging and printing industries. Here we are promoting our rotogravure machine with quick auto change over trolley and displaying a solventless laminator with improved tension control systems at the stand. The displayed laminator has a speed of 400 to 450 mtr/min. We also have a different range of slitters, like the new Ecoslit- 600, which can accurately perform at 600 mtrs/mins, giving value for money and better ROI to customers. Read more

 Rajesh Bhasin, joint president, UFlex Chemicals Business, in a conversation with the WhatPackaging? Team, gives insights about UFlex’s chemical business and what has been transpiring on the ground with inks and coatings, at Plastindia 2023, held at Pragati Maidan WhatPackaging? (WP): What did UFlex display at Plastindia with the chemical business? Rajesh Bhasin (RB): At Plastindia, we showcased o ur entire portfolio of products and solutions. The UFlex chemical business has a product basket that consists of inks, adhesives, and coatings. But when we talk about their applications; they include offset, narrow-web, and converting inks and that is the bandwidth we present here. While our initial focus was on the converting industry; we have now added narrow-web and offset to our portfolio as well. Read more

 Joint president and CMO, Flexible Packaging business, UFlex Limited, discusses industry trends and recent developments at UFlex. The flexible packaging industry is growing rapidly, and UFlex is a leader in the industry, both in packaging and in inks. Amit Shah, joint president and CMO, Flexible Packaging business, UFlex Limited , discusses the drivers for this growth as well as some of the recent innovations at UFlex. Ink World: How has the flexible packaging industry been faring in recent years, and is it still growing today? Ink World magazine, Ink Industry magazine, finishing, ink manufacturers, pigments, resins, varnishes, solvents, waxes, equipment, flexo, gravure, radiation-cured, inkjet, RFID, printed electronics, specialty inks, coatings, allied products. Read more

Aseptic Packaging is a globally accepted technique for packaging of liquids and semi-solids contents ideally for on the go drinking. The term “aseptic” comes from the Greek word “septicos,” which means “without potentially pathogenic microorganisms” in food. Therefore, aseptic packaging is the filling of a commercially sterile product into a sterile container under aseptic conditions and then hermetically sealing the containers so that it completely eradicates the possibility of contamination. It also ensures that your food doesn’t require refrigeration and remains bacteria-free. Aseptic packaging is mostly used for liquid commodities like dairy, dairy alternatives, juice and for non-carbonated alcoholic beverage packaging, etc. Read more

The difficulties that ensue from counterfeiting result in a broad spectrum of negative after-effects for businesses, governments and consumers. The International Anti-Counterfeiting Coalition (IACC) describes counterfeiting as a crime, involving fraudulently manufacturing or distributing goods under someone else’s name, without their permission. Evolving into a worldwide challenge over time, counterfeiting incurs heavy losses on companies as they try to combat duplication and undermines the brand image as well as the consumers’ trust they have worked so hard to build over a long time. As per a study by Supply Chain Resource Co-operative, the counterfeited goods market has grown from $30B in the 1980s and exceeds $600B today. With rising counterfeiting incidents this number could soon rise to over $1.8 trillion, which is more than the gross domestic product (GDP) of many developing countries around the world.The rapid development of the internet and the proliferation of various digital...

The power of proper packaging has significantly risen over time, since as eager as customers are to see what’s inside, that first glimpse of the product might just be the difference between long-term brand loyalty or a disappointed customer base. Brands have upped their packaging game, realizing that not only high-quality products but also the right packaging, is the key to great customer satisfaction. Whether bought online or through in-store shopping, the packaging is a buyer’s first impression of the product that often leads to representing the product and the brand as a whole. Product Packaging plays a vital role in building brand recognition and heavily influences consumer buying behaviour an aspect of production and marketing that shouldn’t be overlooked. Packaging in general caters to many needs including but not limited to protection, improved usability, providing information and safety. Furthermore, the right packaging with relevant info-graphics a quintessential design with ...

The purpose of packaging in the life sciences and healthcare industry ranges from protecting the products to facilitating utilization and extending the shelf life. The global pharma packaging industry , in the recent few years, has been rethinking its strategy around sustainability and its entire packaging methods to be in tune with the rising sustainability standards and EPR guidelines. Increasing the use of renewable packaging materials, safe and reusable transport packaging for packaging of healthcare products, and reducing CO2 emissions in manufacturing and supply networks, are some of the vital methods adopted in the creation of a safer, more sustainable healthcare packaging for a better tomorrow. In the vision to create a circular economy recyclable packaging is gaining preference for the packaging of healthcare, pharmaceutical, nutraceutical and life sciences products. Recyclable packaging uses lightweight materials, primarily a similar family of mono-materials, and integrates ...

With the growth in consumer needs and other factors such as increase in purchasing power, the global rigid packaging market is set to surpass $800 bn by 2024. However, the world is currently witnessing a shift of focus towards greater convenience and sustainability. Today consumers prefer product packaging that offers portability, resealability, convenience,and is made of sustainable materials. This set of preference is resulting in speedy transition from rigid to Flexible Packaging Solutions and formats. The Flexible Packaging market is likely to grow at 3.95% growth rate to reach $299 Billion by 2024 as brands look to reduce production costs and enjoy the competitive advantage of Flexible Packaging over Rigid Packaging . Read more