SIG is also developing India-centric solutions to address the needs of smaller dairies and juice brands
Manufacturer of aseptic carton packaging solutions based in Switzerland, SIG, recently announced that it was keen to make a strategic investment in a new plant in India. The investment would strengthen SIG’s operations in the country, which is one of the business’s fastest-growing regions, according to a statement from the company. “India is our top priority for the next investment in a new packaging facility, following the inauguration of our second plant in China and the start of building of a plant in Mexico for the North American market.” The decision-making process is still on, but we are optimistic that we will be able to begin construction on a factory in India in the near future,” said Samuel Sigrist, SIG Group’s Global CEO.
After setting its local office in Gurugram in November 2017, SIG India’s journey started with two customers: ITC and Coca Cola India. Now its customer base has expanded to a number of leading dairy and juice brands, including Amul, Dabur, Varun Beverages (PepsiCo bottler), Haldirams, Milky Mist and Godrej Creamline.
“The construction time for a new SIG packaging plant is 12 to 18 months, he added. Sigrist will visit India along with a team which includes newly-appointed President and GM, Asia Pacific South, Angela Lu, and Samuel Dambreville, Director Cluster Asia Pacific South.”
“Today, with a base of 17 high-speed filling machines across the country and a full-fledged experienced local team, SIG is looking to further accelerate its growth trajectory in India,” it added. SIG is also developing India-centric solutions to address the needs of smaller dairies and juice brands.
The construction time for a new SIG packaging plant is 12 to 18 months, he added. Sigrist will visit India along with a team which includes newly-appointed President and GM, Asia Pacific South, Angela Lu, and Samuel Dambreville, Director Cluster Asia Pacific South, the statement added. Aseptic carton is a multilayered packaging solution made after combining layers of paperboard, plastic and aluminium and is used for the packing of liquid foods and drinks. Companies such as Tetra and UFlex are also operating in the space. SIG, a 2.05 billion euro company, entered the Indian market four years ago.
“This is Sigrist’s first trip to India as Global CEO, and the aim of this visit is to meet customers and industry experts to further understand and discuss the future of the Indian market,” the company said.
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