Economic watcher pip packaging firms and paper manufacturers for growth

As 2014 sets in, economic publications based on the company's economic performance over the last calendar year and the potential growth of the industries have hand-picked 22 packaging converters and 13 paper manufacturers, who are expected to propel the growth in their respective industries.

04 Feb 2014 | By Mihir Joshi

India consumes about 3% of the total global paper consumption and the Indian paper manufacturing and trading industry is worth about Rs 40,000-crore. Ballarpur Industries, TN Newsprint, JK Paper and West Coast Paper are the biggest paper manufacturers in the country based on revenue and net worth.

The top 22 packaging firms in India recorded total combined revenue of Rs 30,536.60-crore. The Indian packaging industry is estimated to be worth 1,17,000 crore. Major packaging firms in India are Uflex, Essel Propack, Orient Enterprises, Paper Products, Manjushree Technopack and TCPL Packaging.

These economic prediction and ratings are exclusively for listed companies and depends upon their net sales, recurring income and non-recurring business.