The Indian packaging industry is about $23 billion and growing at 15 per cent year-on-year. It is expected to grow at 18 per cent in the coming years to reach $40 billion by 2015. The growth will largely be drived by food consumption, which is expected to touch $ 240 billion by 2013, according to Ministry of Commerce and Industry.

The demand for different types of packaging in the consumer goods sector has been growing phenomenally. Large supermarkets and malls have driven this growth even further. Innovative packaging solutions are the only way to maximise customer satisfaction in this sector. In India, there are about 600-700 packaging machinery manufacturers who are in the small and medium sector. The domestic packaging sector, which has registered a 15 per cent growth, is expected to grow at 18 per cent in the next few years to touch $40 billion by 2015. Currently, it accounts for 10 per cent of the global market, constituting nearly 400 billion containers in terms of unit volumes. India imports about $125 million worth packaging machinery from Germany, Italy, Korea and China, with some 600-700 machinery manufacturers operating locally.

An exhibition for 'Next Generation Packaging Technology' for packaging machines, equipment, materials and accessories is scheduled for 20, 21 & 22nd April 2012 at Chennai Trade Centre, Chennai, India.

BUYSELL INTERACTIONS PRIVATE LIMITED is one of the leading organizers of professional trade exhibitions, seminars & workshops having organized 120 plus shows in various cities in India & abroad.