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Opportunities of fibc for indian market
- 1. Bulk Pack International Conference 8-9th April 2010 Hyderabad Deepti Prakash Moharana Business Development Group
- 4. Majority of domestic usage for packaging of export oriented items Untapped potential in domestic market 2009-10
- 5. Source:- UNIDO’s International industrial statistics database India – one of the top 10 industrialised nations But…is India exploiting its full potential in terms of FIBC usage? Ranking Country 1 USA 2 China 3 Japan 4 Germany 5 Rep of Korea 6 France 7 Italy 8 UK 9 India
- 6. India’s FIBC consumption - one of the lowest … in spite of being one of the top 3 FIBC manufacturing nations Ranking Countries/ Subcontinent 1 North America 2 Europe 3 China, Far East & South East Asia 4 Australian Subcontinent 5 Central & South America 6 Middle East 7 Indian subcontinent 8 Africa
- 8. Domestic share grew from 16 % in 2008-09 to 21 % in 2009-10
- 9. 09-10 – FIBC Domestic Demand 28 KTA Growth Projection – 22% in coming years
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- 19. Industry Issue Solution Steel Industry Dosage of alloy One time discharge Ferro Alloy Measurement Unit count Minerals Storage/ warehouse Stackable Alumina Transit Wastage Reduced by 7 to 10 % Refractory Dust Spout for clean filling
- 20. Srl No Requirement Profile of Industry 1 Induced demand from buyer Mostly Exporter 2 Reduced Labour cost Labour intensive industry 3 Faster movement of materials High production line 4 Space management Warehousing 5 Industrial pollution control - compared to bulk dumping To Avoid air Pollution 6 Quick & accurate discharge General need 7 Product durability Compared to bulk dumping
- 21. Hurdles Suggestion FIBC Handling Joint efforts with Bag Handling system developer Skilled labour Training school needed with joint efforts Reluctance to change Motivate by Cost benefit analysis Enquires handling Equal priority to customers
- 22. Introduction Growth Maturity Decline India Market Size Time 15 to 20 Years FIBC Industry… at the onset of growth phase