Logo


Uttar Pradesh packaging industry in tatters

The unorganised packaging industry in Uttar Pradesh has begun to feel the heat of fierce competition and raw material scarcity, eating into their already slim profit margins. The corrugate box manufacturers are incurring losses due to intense pressure to keep the prices low despite the constant increase in raw material and manufacturing costs, coupled with strong lobby of organised and branded packagers. The main raw material required is craft paper and polyester foils, whose prices have risen by more than 50 per cent over the past two months. Paper mills have twice increased their prices ...