Packaging firms remain upbeat on FY27 growth
India, June 8 -- India's leading packaging solution providers are navigating rising raw material costs, supply chain disruptions, and export uncertainties stemming from the ongoing geopolitical tensions in West Asia, but remain optimistic about stronger growth prospects in FY27 driven by domestic consumption, capacity expansion and improving product mix.
Executives from major listed packaging companies in their latest quarter earnings said the crisis in West Asia has disrupted the availability of key petrochemical-based inputs and increased logistics costs, creating near-term challenges for the industry that serves sectors such as FMCG, personal care, pharmaceuticals, and food products.
"The crisis has affected both availability and cos...
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