manipal to build global packaging business to serve markets in asia, africa, middle east
Has announced the process of merging their packaging business with utility print package Pvt Ltd.
Pvt Ltd, a package solution known as the manapal utility (MUPL)
Will have manufacturing operations in manapal, Ahmadinejad and Chennai.
It will also take advantage of the manapal packaging business in Kenya and Nigeria.
Gautham Pai, general manager of MTL, said that the gathering of these two players will change the rules of the game in the field of packaging business in India and create unparalleled customer value proposition.
Pai said: packaging solutions are considered one of our high growth businesses in the future, and we hope to build a global packaging business in emerging markets in Asia, Africa and the Middle East.
Working with Utility print pack Pvt Ltd provides us with the ability to accelerate growth and deliver on our long-term vision in this business.
Manoj Mehta, chairman of utility Printing Limited, said: the cooperation with Manipal further strengthens our vision and commitment to the growth of key packaging businesses in India and globally.
The new entity will unite our strengths to provide our joint customers in India and more than 40 countries around the world with strong resources to increase manufacturing capabilities and capabilities, the geographic distribution and unparalleled range of innovative packaging solutions and technologies.