SIG, a leading packaging solutions provider for a more sustainable world, has started construction of its first aseptic carton plant in India, the world’s largest milk market, and one of the largest juice producing countries globally.
The plant is located in Ahmedabad, and will meet the needs of SIG’s growing business in India, which it entered in 2018. The plant will supply its growing filler base, which now serves all leading dairy and non-carbonated soft drink players.
The investment will cover state-of-the art production capacity, for the printing and finishing of aseptic carton packs with high environmental standards. Commercial production will start by the end of 2024.
Angela Lu, President & General Manager Asia-Pacific South at SIG said, “India is fast becoming the world’s most populous country and has a very low per capita consumption of entry level packaged food and beverage goods. Since entering the market 5 years ago we have grown exponentially. We are looking forward to further expanding our presence and driving our market share. An established local infrastructure, will allow us to fast-track innovations and build strong and long-lasting partnerships with our customers.”
SIG will invest up to €60 million (US$64.5 million) over the period 2023 to 2025, to reach production capacity of up to 4 billion packs per annum. Subsequent investments could increase capacity to 10 billion packs.
Vandana Tandan, Head of Markets for India and Bangladesh at SIG said, “We are thrilled to announce that soon we will have locally produced Made in India aseptic carton packs. With this plant we will be able to further develop the range of products available to Indian consumers. Our long shelf-life packaging increases access to vital nutrition and avoids food waste through an array of sizes to suit all consumption occasions at affordable price points.”
SIG (FSCTM trademark) is a leading sustainable packaging solutions provider with its unique portfolio of aseptic carton, bag-in-box, and spouted pouch. In 2021, SIG produced 48 billion packs and generated €2.7 billion (US$2.9 billion) in revenue.
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