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Ayodhya based Pakka setting up $250 mn packaging paper plant in Guatemala

17Jul By NitishNo Comments

BUSINESS

Ayodhya based Pakka setting up $250 mn packaging paper plant in Guatemala

Ayodhya, 16th July 2023: Regenerative packaging solutions firm Pakka is setting up a 400 tonne per day bagasse-based packaging paper plant at an investment of USD 250 million (around Rs 2,065 crore) in sugarcane-rich Guatemala, South America. The company, began as Yash Papers in 1981, is also nearly doubling its capacity of the Ayodhya plant with around Rs 550 crore of investment from 130 tonne/day to 230 tonne/day. The Ayodhya-based company is into regenerative packaging solutions for the food packaging and serving segments. The paper-based food packaging industry or those making compostable packaging solutions, is highly fragmented and is led by Ecoware, Fomex, Dine Earth and Pakka, among others. "We have finalised a plan to set up a 400-tonne per say bagasse-based plant in t...

Swiggy Launches ‘Swiggy Packaging Assist’ for Packaging Solutions

4Sep By Gauri SinghNo Comments

BUSINESS

Swiggy Launches ‘Swiggy Packaging Assist’ for Packaging Solutions

The food delivery major Swiggy has announced the launch of a marketplace program called ‘Swiggy Packaging Assist’ for restaurant partners. This marketplace is basically launched for allowing packaging solutions to restaurants on its platform as it looks to diversify its play in the food technology sector. The program will offer restaurants the access to a variety of packing solutions for their menu needs with about 30 products, to begin with. It will also connect restaurants with vendors of these materials. Also, it would offer eco-friendly and food grade certified materials including leakproof, sturdy, stackable, eco-friendly and heat insulant packaging materials. Apart from this, the vendors on Swiggy Packaging Assist will offer discounts of up to 5% to restaurants opting for these...

Swachh Bharat: 94% People Willing to Be Part of E-commerce Packaging Reuse

31May By AnkitaNo Comments

News

Swachh Bharat: 94% People Willing to Be Part of E-commerce Packaging Reuse

IANS- With e-commerce rapidly growing in India, a survey has said that 94% people want to be part of any initiative for recycling of packaging material and contribute to the cleanliness campaign. "94% people surveyed said that they would be willing to recycle for a small incentive," said the survey by LocalCircles, a citizen engagement platform. The participants were asked if they would take part in box recycling programme towards the cause of Swachh Bharat (Clean India) if e-commerce companies or their affiliates collected empty goods boxes for a small shopping credit. The survey report has also been shared with the Urban Development Ministry and the Commerce Ministry. According to an Assocham report, digital commerce market in India has grown steadily from $4.4 billion in 2010 to...

Interactive Screens: The Future of Packaging

9Apr By NitishNo Comments

Story

Interactive Screens: The Future of Packaging

What if you could interact with your package's label, instead of reading it? A team of scientists has developed a new way of attaching electronic screens to paper-based packaging that will be able to display simple messages to the customers. The University of Sheffield scientists collaborated with technology company Novalia to create a new way of displaying information on packaging, a move that could revolutionise the packaging industry. This technology could be used in greetings cards or products where a customer could receive a simple message. More complex developments could include a countdown timer on the side of a packet to indicate when a timed product was ready, such as hair-dye, pregnancy tests or home-baking using a 'traffic lights' system. The team explained how a screen...

ShopClues Tie-up With NMDFC To Support e-Karobar

7Apr By AnkitaNo Comments

BUSINESS

ShopClues Tie-up With NMDFC To Support e-Karobar

India's first and largest managed marketplace, ShopClues signed an MoU with National Minorities Development and Finance Corporation (NMDFC) to give a robust fillip to its e-Karobar initiative. The initiative seeks to e-market the exceptional products created by Indian artisans and craftsmen belonging to minorities who have been assisted by NMDFC. ShopClues will leverage the power of its widely popular e-commerce platform and its extensive reach to empower the artisans and craftsmen belonging to minorities by bridging the gap between artisans and buyers all over the country. As a part of the MoU, both ShopClues and NMDFC seek to act as catalysts for economic development of artisans and craftsmen belonging to minorities. ShopClues will offer a wide spectrum of assistances to sellers to...