UFlex Blog - Flexible Packaging Industry in India

  An average supermarket carries over 40,000 items, creating a daunting task for brands when it comes to attracting customers to their products. The array of choices on the shelves allows shoppers to make the majority of their buying decisions in the supermarket or store itself. As a result, the packaging is what makes a product stand out in the eyes of the consumers! Packaging design is no longer just about aesthetics, but also encompasses improving consumers’ perception about the product’s quality. It educates the shopper about the product, leading to an interaction between the consumer and the brand. For instance, more and more brands are using minimal sustainable packaging to attract eco-conscious consumers and highlight their commitment to the environment.  Read more

Since ever the world returned to normalcy, there has been a lot of focus on health and hygiene. The beauty sector which witnessed a major setback has made a strong comeback since the world graduated to a new normal. This combined with the shift to e-commerce stores has resulted in a significant rise in the consumer’s demand for beauty and personal care products. Beauty and personal care companies are therefore innovating new solutions that do not just deal with the evolving lifestyle and high volume sales on one hand but are also taking the onus to stand at par and responsibly abide by the environmental standards by adopting more and more Sustainable Packaging formats that promote easy recyclability and reduces greenhouse emissions. Big brands in the personal care segment are coming together to help the industry address the environmental challenges they face. The objective is to create a scoring system that will assess the environmental impact of beauty products through packaging, ing...

  India’s largest multinational flexible packaging materials and solution company Uflex Limited has declared the earnings for the Quarter ended 30 June 2018. The company has been maintaining a sustained growth curve and achieved the Consolidated Income for the quarter ended 30th June 2018 of Rs. 1912 crores as against Rs. 1627 crore for the same period last year, thus registering a growth of 17.5%. The consolidated EBITDA for the quarter ended 30th June, 2018 has been higher at Rs. 255 crore as against Rs. 237 crore for the same period last year up by 7.9%, and as against Rs. 229 crore for the quarter Jan-March 2018, up 11.3%. The profit after tax for the quarter ended 30th June 2018 is also higher at Rs. 94 crore. Talking about the numbers for the Q1 FY 2018-19, Mr. Rajesh Bhatia, Global CFO, Uflex Limited said, “Buoyed by the highest ever quarterly production & sales volumes, Uflex achieved Revenue growth of 17.5% in Q1 FY 18-19 over Q1 FY 17-18, thus registering highest ever...