PrintWeek Awards 2024: Printmann Group wins Packaging Company of the Year - Folding Cartons (Boutique)
On 13 February 2023, the Printmann Group was in the news due to a minority investment by Somerset Indus Private Equity. The funds have come in the form of primary investment in the company for Printmann’s growth prospects. And growth is on the rise.
23 Sep 2024 | 74 Views | By PrintWeek Team
That is why, Printmann is the Packaging Company of the Year — Folding Cartons (Boutique).
In addition to its specialisation in pharma, Printmann is broadening its scope beyond traditional operations by investing in cartons, labels, leaflets, and foils. With this plan in mind, the group has built a new factory.
The group has also announced a new initiative — a subsidiary, Packcellence, which would create inroads into innovative and sustainable solutions like gable-top packaging. Today, the Indian liquid packaging market has seen a compound annual growth rate of 7%. And Printmann, despite being a late entrant, is trying to create a unique identity.
Hence it is the proud winner of its fourth Prism.
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