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The Machinist
|April 2020
The local economy has been a major aid for the glass container industry, allowing manufacturers to grow even during these uncertain times, says Rajesh Khosla President & CEO of AGI glaspac
Give us an overview of the container glass manufacturing industry in India. How’s been the last one year for the industry?
Glass packaging faces fierce competition from other forms of packaging in India. Despite the low per capita consumption levels, the country’s glass container industry is buoyant, with rising demand from local beverage, alcohol, food, pharmaceuticals and cosmetics industries. The industry is experiencing a surge in demand, owing largely to the growing purchasing power, urbanisation, modern retail and increasing awareness about the environment, health and hygiene among consumers. The industry’s success is likely to continue or possibly improve even further in the future due to rising disposable income and India’s GDP rate in the medium term. The local economy has been a major aid for the glass container industry, allowing manufacturers to grow even during these uncertain times.
How the container glass manufacturing sector is helping FMCG and Pharmaceutical companies fight Covid-19 through the supply chain mechanism?
This story is from the April 2020 edition of The Machinist.
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