The South India Scenario

  • Southern states including Andhra Pradesh, Karnataka, Kerala, Telangana and Tamil Nadu -- now lead the country in a number of indices, including Packaging.
  • South India has emerged as the largest consumer of ‘poly ethylene terephthalate’ (PET) material for packaging mineral water.
  • South India is emerging as a strong pharma hub with strong infrastructure of research facilities and scientists.
  • Dairy product packaging constitutes a large portion of the South India Packaging industry.
  • Abundant tea production in South India brings opportunities in paper bag packaging industry.
  • Retail Sales of packaged food is growing at a rate of 12 percent in South India.
  • As Coffee and Spice output in the Southern hemisphere see a steady incline of close to 10 percent individually and export markets pick up again, newer opportunities arise for various packaging segments.
  • While major components such as cartons, cans and laminates, which are Bureau of Indian Standards (BIS) certified, are of global standards, the glass bottles and outer cartons are areas that need to be upgraded.

Karnataka

  • Karnataka is the leader in the information technology sector in India and its capital Bangalore is known as the Silicon Valley.
  • Bangalore has the largest number of international and local Information Technology and Business Process Outsourcing (BPO) companies in the country.
  • Karnataka economy is largely service oriented and income from the sector contributes half the state's GDP with the agricultural and the industrial sector contributing to nearly 25% each.
  • Karnataka produces 70% of India's coffee, of which about 50% is exported.
  • Mysore & Bangalore account for more than 60% of the incense stick manufacture & export.
  • Karnataka is the only exporter of sandalwood in India.
  • It also produces cotton, onion, course cereal, sunflower, peanuts, timber and bamboo.