India's growth will propel as services and manufacturing rise equally

Jawa said, "The digital infrastructure has offered opportunities for companies to seamlessly connect with consumers, offering superior, tailored services."

The manufacturing and services industries play crucial and interdependent roles in the packaging sector. Together, they contribute to the development, production, and delivery of innovative and efficient packaging solutions. 

Highlighting India's favourable demographics and the "Make in India" initiative, Jawa pointed out that, unlike many economies where manufacturing has traditionally been the primary driver, India's growth will be equally propelled by the services industry.

A distinguishing factor, according to Jawa, lies in India's burgeoning domestic market. "While most growing economies rely on extensive export markets, India is experiencing a swift surge in consumption. This presents vast potential for growth and opportunities," Jawa stated.

The collaboration between manufacturing and services industries fosters innovation in packaging solutions. Together, they explore sustainable practices, such as eco-friendly materials and reduced packaging waste, aligning with global environmental concerns.

Both sectors work hand-in-hand to maintain high-quality standards in packaging. Manufacturers produce materials to meet specifications, while service providers contribute to quality control measures, ensuring that packaging adheres to safety and regulatory standards.

To complete the growth equation, Jawa identified key areas of focus, including generating employment, enhancing employability, increasing women's participation in the workforce, fortifying the rural economy, and addressing the climate crisis. He urged Indian businesses to integrate societal and environmental considerations into their operations, making it a holistic approach to sustainable growth.