Manjushree Packtek acquires Jallan Polypack
A rigid plastic packaging company, Manjushree Packtek has acquired Jallan Polypack, which deals in the sustainable paper cups packaging segment in India. The aim is to offer value in the paper packaging segment and across the spectrum of food service.
08 May 2023 | By Aditya Ghosalkar
The Indian packaging paper industry is expected to reach USD 23.6-bn by 2028
The Indian packaging paper industry is expected to reach USD 23.6-bn by 2028. The growth in the consumption of paper cups and containers is largely driven by the increasing demand for eco-friendly solutions, growth of the hotels, restaurants, and catering (HORECA) sectors, especially food delivery companies and cloud kitchens, as well as the demand for packaged goods.
Ankit Kedia, managing director, Manjushree Packtek said, "We focus on innovating and creating solutions that our clients and their customers need. With the impact of climate change, it is imperative to find and integrate alternatives that are sustainable in every field of operations." He believes that this is where paper packaging has assumed importance in recent years.
"Jallan Polypack’s goodwill gives us a head start for our future plans. To diversify our set of offerings in paper containers across the spectrum of food service and other segments as well,” Kedia added.
The company has shifted to its new facility in Bengaluru. The products are produced for servicing the food industry, with the help of 100% automatic high-speed lines with minimal human intervention.
With consumer safety in mind, food packaging has evolved with the development of food-grade inks. Such inks offer printability on a wide range of substrates from flexible plastics, and tin cans to corrugated cartons. The facility is equipped with custom printing technologies, using food-grade ink for manufacturing odourless products. The quality lab is set up in-line with global standards of testing and qualification.
Manjushree Packtek plans to set up an R&D centre to work on affordable eco-friendly products including coating solutions such as biopolymers and water solvent solutions along with other new-age designs and shapes for manufacturing of paper cups and containers. The company focuses on sustainable packaging.
About Manjushree Packtek
Manjushree Packtek is a leading player in providing sustainable and innovative packaging solutions for various industries. The company has established itself in the rigid plastic packaging space, catering to some of the biggest brands in the world.
In 2018, the company divested its stake in Manjushree Technopack to a global PE major and consolidated its business interests in one entity called Manjushree Ventures. The company is committed to delivering sustainable packaging solutions to its customers and minimising its impact on the environment.