ET Polymers|February - March 2020
Briefly tell us about the journey of Packman Packaging since its inception.
When Packman was established in 2002, it had a different name. It was called Swastik Packaging; later, it got the name Packman Packaging. In fact, I started my entrepreneurial journey immediately after graduating. The aim was to provide the right kind of packaging solutions for basic consumer products. It all began with a loan of Rs. 33 lakh, which was a big challenge in itself. But I was convinced about my idea and this conviction helped me persuade the bank to fund my project. With that loan money, I stated the manufacturing unit of my company.
The products were listed online as at that time it was India’s first e-commerce store for selling packaging services. As mentioned earlier, Swastik was a single proprietorship which I converted to Packman Packaging in 2011. The objective behind changing the company into a private limited company was to expand the company and diversify the product range.
With the new name, we started using high-end printing technologies for buyers to print their customized logos, designs, graphics, and images. Now, Packman Packaging is into making packaging for food, pharmaceutical, shipment, luxury, biodegradable and e-commerce sectors. Today, Packman Packaging is one of India’s largest manufacturers of corrugated boxes, corrugated rolls, bubble rolls, bubble pouches, courier bags, POD jackets, duct tapes, e-commerce shipping bags and more.
How has been the last one year for you? How has been Packman Packaging performing vis-à-vis the rest of the industry given the challenging market conditions?
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February - March 2020