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?
Last one year has been quite progressive. The company managed to make an annual turnover of Rs. 20 crore. Given the challenges, Packman Packaging is continuously looking to adopt new and environment-friendly technologies while making its products. As we believe without adopting eco-friendly methods, our industry cannot survive in the near course of future. This is the major challenge rather than any other major market threat as both the Government and customers have become more aware in terms of environmental safety.
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