By Mr. Thimmaiah, MD & CEO, Manjushree Technopack.
”We believe the past week has marked a pivotal moment for India’s manufacturing and packaging ecosystem, driven by the alignment of policy support from the Indian Government and major trade developments, including progress on the India–US trade deal and the India–EU Free Trade Agreement.
The progress on the India–US trade deal is a significant positive for Indian manufacturing and exports, lowering U.S. tariffs on Indian goods and supporting a rebound in bilateral trade. For the packaging sector—particularly rigid plastic and pharmaceutical packaging—this creates a meaningful opportunity through lower trade barriers, improved price competitiveness, and stronger retention and expansion of U.S. business.
As India’s largest manufacturer of pumps and dispensers used in beauty, home and personal care applications, Manjushree Technopack is particularly well positioned to benefit as U.S. brands diversify sourcing away from China. In parallel, progress on the India–EU Free Trade Agreement and the recent budget initiatives such as BioPharma SHAKTI are expected to drive rising demand for high-quality, EPR-compliant and globally compliant packaging, positioning India as a trusted hub in global supply chains”.