INDIA – Global supplier of carton packaging and filling equipment Elopak and its Indian peer GLS have formed a joint venture to expand its presence in India’s sustainable packaging market.
The newly formed company, GLS Elopak will leverage the respective expertise, assets and networks of Elopak and GLS to capitalize on the significant consumer demand in India, according to a statement from Elopak.
Commenting on the joint venture Elopak CEO Thomas Körmendi stated, “We are delighted to announce this latest exciting step in our journey as we look to deliver on our growth strategy. India is the world’s biggest milk market, with serious growth potential.
Together with GLS, there is an opportunity for us to be at the forefront of offering innovative and sustainable packaging solutions to this market that protect both the product and the environment.”
GLS Elopak is based in Gurugram in Haryana, India and will manufacture and process high-quality fresh and aseptic packaging solutions.
The solutions are designed to ensure that liquid food is safe and accessible to consumers across the globe.
The company will cater to both fresh and aseptic segments with applications such as dairy, plant-based drinks, juice, water and liquor.
With its manufacturing hub close to Delhi at Rewari in Haryana, India, GLS Elopak will be the only producer of fiber-based packaging for liquid food in the Haryana area.
It will immediately start to offer Roll-Fed aseptic cartons under the brand “ALPAK” in various sizes, along with end-to-end service support, to customers.
Going forward, the company will introduce Pure-Pak® fresh cartons, Pure-Pak® aseptic cartons and complementary solutions.
Collaboration between Elopak and GLS is built on the companies’ shared commitment to sustainability and innovation.
Commenting on the partnership GLS Director Arpit Goyal noted, “We strongly believe that the capabilities and synergies between the two organizations, and shared vision of the management will result in a leading liquid packaging company in India, which is both sustainable and innovative in its approach.”
Given the growth potential in India and the need for alternative packaging solutions, especially in the fresh milk and water segment, GLS Elopak will be able to add value and contribute to the country in the best possible manner.”
Elopak says that the joint venture aligns its ambitions to expand geographically and meet the rising demand for sustainable packaging solutions.
It aims to leverage its strong track record and investment in sustainability-focused innovations to achieve scale and meet customer expectations.
Geographic expansion is one of the five key growth pillars, Elopak has prioritized, executing its sustainability-driven growth strategy and driving the plastic to carton conversion.
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