The Corrugated Packaging Industry in India continues to witness dynamic transformation since last decade. GOI's bold reforms like GST, Make-in-India, Organised Retail's entry, E-commerce etc. have unleashed the boost in demand and have raised expectations for secular growth in the consumption of Corrugated Packaging.

Huge over-capacity built-up in the Industry over last 3 - 4 years, however, has generated fierce and unhealthy competition amongst all the players thus setting in motion vicious cycle of value erosion.