Publish Time: 2016-10-01 Origin: Site
Against a backdrop of uncertain global growth the IMF is forecasting that
India's GDP growth will outpace that of a showing Chinese economy next year.
What does this mean for the relative propects for flexible packaging in the two countries?
PCI film' view is that of all the five BRICS economies;Brazil,Russia,India,and China.
It is India that offers by far the greatest potential for rapid long term growth.
In the country's USD 5.7 billion flexible packaging market,foreign investors
are increasingly in evidence,with Huhtamaki,Amcor and Costania Flexibles making large investments
via acquisition,green field projects and expansion of existing plants,
to meet rapidly growing demand.