In the last 10 years, the Indian paper industry has upgraded a lot in terms of quality and consistency, the only key area now, where the paper mills need to focus on is the service & distribution part.
Mayura Offset is one of the leading and innovative manufacturers of cartons, inserts & outserts for the pharmaceutical industry. Established in the year 1987, Mayura has evolved from a small letterpress to a packaging firm with imported machinery manufacturing top-rated products for pharmaceutical companies. Paper Mart interviewed Mr. Piyush Sinha, Managing Director at Mayura Offset, wherein he shares his views on the key technologies of his company along with the current market situation, market trends, and projections for the future.
Paper Mart: Tell us about your company and manufacturing capabilities — monthly paper converting capacity and the key technologies you have in-house.
Piyush Sinha: We have an installed capacity of converting around 500 MT/month of paperboard in the form of cartons, labels & leaflets. Also, we have recently started our flexo division for catering to the requirements of roll form labels. We have in-house facilities for pre-press, UV, water base, metpet, Braille embossing, specialised outsert folding system for pharma, foiling, etc.
PM: What challenges do you face with regard to the quality of paper & paperboard? Please share some of your key expectations from the paper mills.
PS: In the last 10 years, the Indian paper industry has upgraded a lot in terms of quality and consistency, the only key area now where the paper mills need to focus on is the service & distribution part. Just-in-time delivery is the need of the hour.
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PM: With the ‘New Normal’ imposed due to the pandemic, what is the current market situation and what are your projections for the future?
PS: Currently, there is a major gap in demand and supply in the paper category due to multiple hurdles arising due to lockdowns, pricing of basic pulp, unavailability of raw materials and other related items. But if we look from a broader angle, the Indian paper industry has the opportunity to become a new global supplier for paper in the coming future as the demands of Indian paper & paper-based products have grown tremendously in the last few months. Demand in the food packaging sector is also growing very fast due to the majority of orders being converted into take-home delivery. With paper being the most easily recyclable eco-friendly substance, new horizons in retail food packaging are coming which will give a further boost to the demand for paper-based packaging products.
There is a major gap in demand and supply in the paper category due to multiple hurdles arising due to lockdowns, pricing of basic pulp, unavailability of raw materials and other related items, but if we look from a broader angle, Indian paper industry has the opportunity to become a new global supplier for paper in coming near future.
PM: Please share your views on the market trends and the demand drivers.
PS: Apart from pharma & food packaging buyers, there is not much change in the buying pattern of the buyers. Previously, pharma’s entire supply planning was based on projections but today they are even working on a make-to-order concept due to the unstable cost of raw materials and packing materials.
Demand in the food packaging sector is growing very fast due to the majority of orders being converted into take-home delivery.
