Commanding a strong brand presence in the sustainable packaging segment
Bengaluru-based Manjushree Packtek has announced the acquisition of Jallan Polypack, a well-known name in the sustainable paper cups packaging segment in India. The strategic acquisition is expected to boost Manjushree’s footprint in the paper and delivery packaging solutions ecosystem, backed by cutting-edge research and technology.
The Indian packaging paper industry is expected to reach $23.6 billion by 2028. The growth in the consumption of paper cups and containers is largely driven by the increasing demand for eco-friendly solutions, the growth of the HORECA (hotel / restaurant / catering) sectors, especially food delivery companies and cloud kitchens, as well as the demand for packaged goods.
With the acquisition, Manjushree Packtek has already moved into its new state of the art facility in Bengaluru. The products are produced in a Class 100,000 cleanroom facility for servicing the food industry, with the help of 100% automatic high-speed lines with minimal human intervention. The facility is also equipped with custom printing technologies, using food-grade ink for manufacturing odourless products. The quality lab is setup in line with global standards of testing and qualification.
Manjushree Packtek also plans to set up an R&D centre to work on affordable eco-friendly products including coating solutions such as bio polymers and water solvent solutions along with other new-age designs and shapes for manufacturing of paper cups and containers.
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