The packaging industry is growing at 15-17 per cent and the sector has the potential to create employment opportunities in the country, industry experts said.
The experts also called for the promotion of domestic players and setting up the packaging industry in every district on the lines of the one district one product' initiative to create jobs at the local level.
"Presently, the demand for packaging of all things has increased a lot and there is a lot of scope for employment in this sector," Prof Tanveer Alam, Director of the Indian Institute of Packaging (IIP) Delhi, said at the Asian Packaging Congress here on Saturday.
The event was organised by the Indian Institute of Packaging (IIP), an autonomous body under the Union Ministry of Commerce and Industry, a release said.
The packaging business in the world is worth USD 79 billion and has a growth rate of 15-17 per cent, Alam said.
Industry experts opined that to boost the industry, packaging units should be set up in every district on the lines of one district one product scheme so that employment can be generated, a statement said.
Different types of packaging like glass, metal, paper and others are being adopted for each type of product, the expert said.
Recently, an MoU has also been signed with the Government of Uttar Pradesh and this product has already been launched in 15 districts of UP, IIP said.
Experts said that the packaging industry can also help bring agricultural products to the market which will increase farmers' income and cut farm production losses.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
)