Top 10 Packaging Companies In India

The packaging market in India was valued at $50.5 billion in 2019 and is predicted to grow to $204.81 billion in 2025, with the market at a CAGR of 26.7 per cent between 2020 and 2025.

A high degree of potential exists for almost all user segments which are expanding appreciably, such as processed foods, hard and soft drinks, fruit, and marine products.

The emergence of e-commerce has dramatically boosted the Indian packing industry. The country has experienced an explosion in the online retail sector in the last decade. Tier 2 and tier 3 cities are also joining the race, with a growing number of online buyers.

Here is the list of the top 10 packaging companies in India.

Balmer Lawrie & Co. Ltd

Headquarters: Kolkata
Founded: 1 February 1867, Kolkata
Parent organizations: Balmer & Lawrie Investments, Government of India, Ministry of Petroleum and Natural Gas
Subsidiaries: Balmer Lawrie – Van Leer Limited (BLVL), AVI-OIL India Private Ltd. (AVI-OIL),  Balmer Lawrie Indonesia (PTBLI).

https://www.balmerlawrie.com/

The top packaging company is headquartered in Kolkata,  India. Founded by two Scotsmen, Stephen George Balmer and Alexander Lawrie, in Kolkata, Balmer Lawrie & Co. Ltd. started its journey on 1st February 1867. Today Balmer Lawrie is a Miniratna Public Sector Enterprise under the Ministry of Petroleum and Natural Gas, Govt. of India.

Along with its four Joint Ventures and one subsidiary in India and abroad, today Balmer Lawrie is a market leader in Steel Barrels, Industrial Greases & Specialty Lubricants, Corporate Travel and Logistics Services. It also has significant presence in most other businesses, it operates, viz, Chemicals, Logistics Infrastructure etc. It is one of the Top 10 Packaging Companies In India.

Cosmo Films Ltd.

Headquarters: Delhi
Founded: 1976, Delhi
Parent organizations: Balmer & Lawrie Investments, Government of India, Ministry of Petroleum and Natural Gas

https://www.cosmofilms.com/

Cosmo Films Ltd., one of the top packaging company, was founded in the year 1976 by Mr. Ashok Jaipuria. The company has its headquarters located in New Delhi, India. Today it is a multinational corporation that manufactures bi-axially-oriented polypropylene films (BOPP) for packaging, label, lamination, and industrial applications. It is the largest exporter of BOPP films from India and the largest producer of thermal lamination films in the world.

Cosmo is the largest BOPP films exporter from India and the world’s largest manufacturer of thermal lamination films. Cosmo offers a comprehensive range of speciality films for flexible packaging, lamination, labeling and industrial applications, including films such as high barrier films, velvet lamination films, synthetic paper. Apart from a dominant share in the Indian market, Cosmo exports to more than 80 countries worldwide.

Ester Industries Ltd.

Headquarters: Grugram
Founded: 1985
Subsidiary: Sriyam Impex Private Limited

https://www.esterindustries.com/

Ester Industries, headquartered in the National Capital Region of India (Gurgaon), manufacture Speciality polyester films and engineering plastic compounds. Ester is. The company has a state-of-the-art manufacturing facility located at Khatima, Uttarakhand, about 300 km north of New Delhi. One of the top packaging company is serving customers all across the globe including Europe, Asia-Pacific, Middle East, Americas, etc.

Backed by 30 years of industry expertise, Ester manufactures Polyester Films, Specialty Polymers and Engineering Plastic compounds. Polyester Films find applications primarily in flexible packaging while Specialty Polymers find applications into niche areas including rigid packaging.

One of the top 10 packaging companies in India,  Ester has a global presence, supplying to large customer base in 75 countries across Europe, Americas, Africa, the Indian sub-continent, Far East, Asia Pacific and the Middle East.

Essel Propack Ltd.

Headquarters: Mumbai
Founder: Subhash Chandra
Founded: 1982
Subsidiaries: Creative Stylo Packs Private Limited, RAs Propack Lamipack Ltd., Arista Tubes Inc., Lamitube Technologies Ltd., etc.
Parent organizations: Blackstone Inc., Epsilon Bidco Pte. Ltd.

https://www.eplglobal.com/

Essel Propack is a global tube-packaging company headquartered in Mumbai in India. It is part of the Essel Group and is a specialty packaging manufacturer of laminated plastic tubes for the FMCG and Pharma space.

The company was formed from the merger of two pre-existing companies, Essel Packaging and Propack AG led by then CEO Cyrus Bagwadia. The company was acquired by The Blackstone Group in 2019.

Employing over 2852 people representing 25 different nationalities, Essel Propack functions through 20 state of the art facilities and in eleven countries, selling circa 7 billion tubes and continuing to grow every year.

The Company has manufacturing and marketing presence in eleven other countries through its direct and step down subsidiaries and an associate. In the year 1993 the company took their first step towards becoming a global player by setting up their first overseas plant in Egypt.

The company was acquired by The Blackstone Group in 2019 during an assets sale of the debt-ridden Essel Group. The company was renamed to EPL Limited in October 2020.

Flexituff Ventures International Ltd.

Headquarters: Pithampur (M.P.)
Founded: 1993
Subsidiaries: Ujjivan Luit LLP, Flexiglobal Holding Limited

http://flexituff.com/

Flexituff Ventures International Ltd, one of the top packaging companies in India, was incorporated in 1993 in the name of “Naviska Packaging Private Limited”. However, it was originally constituted as a partnership firm in 1966, which was reconstituted from time to time. It has one of the very fully integrated plants in India. It is one of the Top 10 Packaging Companies In India. Flexituff now is a multi-product, multi-market, multi-location enterprise.

Having evolved from a leading global FIBC major to a foremost Indian Geosynthetics solution provider, Flexituff – through its niche products – now serves the domain needs of Retail, Agro and Infrastructure sectors. With four manufacturing plants across India, a wholly-owned distribution company in United Kingdom and a dedicated warehousing supply and Technical Services network in all continents, exports to over 60 countries, employing over 7000 global citizens, Flexituff is truly an Indian multi-national company that has come of age.

Jindal Poly Films Ltd.

Headquarters: Bulandshahr (U.P)
Founded: 1974
Subsidiaries: JPFL Films Private Limited

https://www.jindalpoly.com/

Jindal Poly Films (JPFL) is a part of B C Jindal group, a 50-year-old industrial group. From being only a polyester yarn producer in 1985, JPFL diversified in 1996 into BOPET film production. In 2003, JPFL commenced production of BOPP film and metallised film. JPFL commenced production of coated film products by July 2005

Today it offers a huge range of products and solutions like Bopp Films, Metalized Films, CPP Films, Non-Tearable Paper, Pet Films, Coated Films, Thermal Films, Medical X-Ray Films, etc. The Company is engaged in the business of manufacturing flexible packaging films at Nasik in India. It has presence in 95% of the world markets through its distribution network across 40 countries.

The Company is India’s largest producer and has the world’s largest single location plant to manufacture Polyester (PET) and Polypropylene (OPP) films at Nasik, Maharashtra.

Polyplex Corporation Ltd.

Headquarters: Noida (U.P)
CEO/Executive Director: Pranay Kothari

https://www.polyplex.com/

Polyplex Corporation Ltd. is among the world’s largest manufacturers of thin PET film. It has the seventh-largest capacity of polyester (PET) film globally. The company was founded in the year 1984 and has headquarters in Noida, India. The company offers products including BOPP (Biaxially Oriented Polyester), Blown PP / PE, and CPP films. The company has a global presence in around 76 countries across Europe, America, the Indian sub-continent, Far East, Asia Pacific, and the Middle East. It is one of the Top 10 Packaging Companies In India.

Its diversified business portfolio also includes BOPP, Blown PP/PE and CPP films produced in state-of-the-art plants with economic size. Integrated downstream capabilities of Metallizing, Holography, Silicone Coating, Offline Chemical Coating, Extrusion Coating and Transfer Metallized Paper deliver further value-added products.

Polyplex has a global presence, supplying to about 1950 customers in 75 countries across Europe, the Americas, the Indian sub-continent, Far East, Asia Pacific and the Middle East.

TCPL Packaging Ltd.

Headquarters: India
Founded: 1987
Subsidiaries: Creative Offset Printers Private Limited, Accura Reprotech Pvt Ltd

https://www.tcpl.in/

TCPL Packaging is one of India’s largest manufacturers of folding cartons, and India’s largest standalone converter of paperboard.

TCPL is also an innovative player in the flexible packaging industry, with the capability to produce printed cork-tipping papers, laminates, sleeves and wrap-around labels. We are investing in pioneering new technology to aid our customers’ requirements for environmentally sustainable packaging and the circular economy.

In 2021, TCPL achieved a turnover of greater than Rs.1000 Crore. TCPL is proud to have over 1,900 employees. TCPL Packaging is promoted by the Kanoria family, which has varied business interests such as jute, tea, textiles, pharmaceuticals and chemicals. In 1990, the Kanoria family ventured into folding cartons manufacturing, with a unit in Silvassa. It is one of the Top 10 Packaging Companies In India.

Time Technoplast Ltd.

Headquarters: Mumbai
Founded: 20 December 1989
Subsidiaries: TPL Plastech, NED Energy Limited,

https://www.timetechnoplast.com/

Time Technoplast Ltd is an Mumbai-based company which is engaged in manufacturing of polymer & Composite products. The company has operations in local as well as in foreign countries. The company got incorporated in the year 1992. And since then, there has been no looking back.

Time Tech group operates more than 34 production facilities across the globe and is recognized for its innovative plastic products.

Time Technoplast Ltd is operating in Egypt, Malaysia, Taiwan, Thailand, U.A.E, etc. It is a leading manufacturer of polymer products. It offers a range of products catering to different segments. It offers Industrial Packaging Solutions, Automotive Components, Construction Related products, Material Handling Solutions, Composite Cylinders, etc. The leading packaging company is known for innovative plastic products. It has more than 40 production facilities all across the globe.

Uflex Ltd.

Headquarters: Noida
Founded: 1985
Subsidiaries: Flex Engineering Ltd., Uflex Packaging Inc.

https://www.uflexltd.com/

Ulfex Ltd is one of the top flexible packaging companies in India. It has also become a global leader. UFlex was founded in the year 1983 and is headquartered in Noida, Uttar Pradesh. It is also one of the Top 10 Packaging Companies In India. The company is engaged in the manufacture and sale of flexible packaging products. The Company also offers a flexible packaging solution to its customers across the globe.

The Company’s products include printed, laminated, metalized, co-extruded, coated, embossed, plain plastic films, and hologram sticker sheets. Its plastic film products include oriented polypropylene (OPP) films, polyester films, metalized and specialty films, and polyester chips of different grades. It offers finished packaging to a range of products, such as snack foods, candy and confectionery, sugar, rice, and other cereals, beverages, tea and coffee, dessert mixes, and noodles.

UFlex serves as one-stop-shop flexible packaging solution provider serving varied sectors spanning FMCG, Consumer Product Goods, Food and Beverage Products, and much more.

UFlex enjoys a global reach with unhindered speed making it truly multinational. It has state-of the-art manufacturing facilities for packaging films in India, UAE, Mexico, Poland, Egypt, USA, Russia, Hungary & Nigeria. It has a new packaging films plants coming up in Dharwad in South India. In India, its plants are located in Noida & Jammu for packaging products and allied businesses & in Sanand for aseptic liquid packaging. UFlex manufacturing facilities enjoy ISO & HACCP accreditations and its products are approved by FDA.

List of Top Packaging Company in India

Here is the Complete List of Top Packaging Company in India which are arranged in alphabetical order.

Note: Most information has been sourced from company websites. This list is either exhaustive nor raked according to the order of importance. Photo credit: Ryzhov-Adobe-Stock