The document presents a comprehensive summer training project on Uflex Limited, focusing on its specialization in flexible packaging and working capital management. It includes the company's history, products, industry positioning, and research methodologies employed in the study. The objective is to provide insights into the practical aspects of the finance sector while fulfilling academic requirements for a Bachelor's degree in Business Administration.

1. A
PROJECT
ON
UFLEX LIMITED
SPECIALIZATION: FINANCE
A detailed study done in
WORKING CAPITAL
SUMMER TRAINING PROJECT
Submitted in Partial Fulfillment of the Requirement for the Award of
Degree of Bachelor of Business Administration (BBA)
2013-2016
SUBMITTED BY UNDER THE GUIDENCE OF
RAJVARDHAN MS. SURINDER KAUR WALIA
BHARATI VIDYAPEETH DEEMED UNIVERSITY
SCHOOL OF DISTANCE EDUCATION
Academic Study Center- BVIMR, New Delhi
An ISO 9001:2008 Certified Institute
Re-accredited Accredited Grade “A” University
DECLARATION
1

2. This is to certify that I have completed a Project title "UFLEX LTD.” under the guidance of
SURINDER KAUR WALIA in the partial fulfillment of the requirement for the award of
Bachelors of Business Administration of Bharati Vidyapeeth University, New Delhi. This is an
original piece of work & I have not submitted it earlier elsewhere.
RAJVARDHAN
2

3. PREFACE
It is designed in such a way that student can grasp maximum knowledge and can get practical
exposure to the corporate world in minimum possible time. Business schools of today realize the
importance of practical knowledge over the theoretical base. The research report is necessary as
it provides an opportunity to the researcher in understanding the industry with special emphasis
on the development of skills in analyzing and interpreting practical problems through the
application of management theories and techniques. It is a new platform of learning through
practical experience.
3

4. ACKNOWLEDGEMENT
I wish to record my gratitude to all the person with whom I interacted and have contributed
significantly for the completion of the project. It is very difficult to put their names individually
but their contribution cannot be underestimated without their help and co-ordinated their project
would not have been possible.
I sincerely thank MR. A.R. DESHMUKH Director of Distance Education, BVIMR, New Delhi
for providing me a good environment to undergo this project. I wish to express my profound
gratitude and regards to MS. SURINDER KAUR WALIA faculty guide, Institute of
Management and Research, New Delhi for providing the inspiration to undertake this topic and
continuous support, encouragement and guidance at all stages of the project. I am indebted to all
faculty members for their generous help and kind cooperation throughout the course. Lastly I am
greatly, indebted to those people who helped me indirectly on completion of my project.
Last but not least I would like to thank my parents and friends for their valuable contribution at
every moment.
Signature of the student
(RAJVARDHAN)
4

5. Table of Content
S.No. Topic Page No.
1. Chapter 1: Introduction
1. About the Company (Formation, Vision, Mission, Objectives,
Functions, Product & services, Organizational Structure, SWOT
Analysis)
2. Environmental Scanning –Political environment, Economic
environment, Socio-Cultural Environment, technological
environment,
Environmental issues (Green environment) and Legal
environment.
3. Porters five forces model of competition –Michael Porter
7-55
7-53
53-55
55
2. Chapter 2: Research Methodology
1. Statement of the Problem
2. Objectives & Scope of Study
3. Managerial usefulness of study
4. Type of Research and research Design
5. Data Collection Methods
6. Limitations of Study
56-60
56-57
57
57-58
58-59
59
60
3. Chapter 3: Conceptual Discussion
1. Review of Literature (Discussion about the work done by others
on similar
Issues and published articles/books/research projects etc.)
2. Current Issues (From Newspaper, Journals –For Company and
Industry)
3. History and Development of Company and Industry
4. New Development of Company and Industry
61-67
61
62
63-66
66-67
4. Chapter 4: Data Analysis
1. Methods and techniques of data analysis (Questionnaire, Graphs,
Statistical
Methods, SPSS etc.)
2. Primary Data Analysis
3. Secondary Data Analysis
4. Working Capital
68-85
68-77
78-79
79-80
80-86
5. Chapter 5: Findings and Recommendations 87-88
6. Chapter 6: Conclusions and Suggestions 89-90
7. ANNEXURES 91-94
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6. 8. BIBLIOGRAPHY 95
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7. Chapter-1:Introduction
About the Company
Formation
Uflex Ltd (Uflex) is one of India’s largest and fastest growing flexible packaging company with
large capacities of plastic film and packaging products which provide end to end flexible
packaging solutions. Since its inception in 1985, Uflex has been integrating its operations from
manufacturing of Polyester chips, Plastic films (BOPET, BOPP & CPP), laminates, and pouches
to all types of packaging and printing machines thus offering a complete flexible packaging
solution. All throughout the journey, Uflex has grown through value additions in terms of
product innovations, quality enhancements and cost effective products to its valued customers.
ASHOK CHATURVEDI - FOUNDER, CHAIRMAN & MANAGING DIRECTOR (UFLEX
GROUP)
Uflex Ltd (Uflex) formerly known as Flex Industries Ltd was established in 1988 and is a
flagship company of Uflex Group of companies. Uflex is promoted by Mr. Ashok Chaturvedi,
whose visionary outlook about the demand for flexible packaging solutions led to the formation
of Uflex Ltd. During 2000, it got listed on BSE. Over the past 25 years, Uflex has attained
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8. significant position in the flexible packaging industry led by its thrust on innovation and
development. The company offers end-to-end flexible packaging solutions to its customers, from
packaging design & structure to packaging products & packaging equipment’s. Uflex has a
strong global sales & distribution network with customers across more than 110 countries.
Uflex is engaged in the business of manufacturing flexible plastic films and flexible packaging
materials. It offers finished packaging of a wide variety of products such as snack foods, sugar,
rice & other cereals, beverages, noodles, soaps & detergents, vegetable oil, spices, dairy
products, pharmaceuticals, plant nutrients, automotive & engineering components among others.
Uflex has state-of-the-art manufacturing facilities, accredited by ISO/BRC/ HACCP spread
across India, Mexico, Dubai and Egypt catering to global markets spanning the US, Canada,
South America, UK, Europe, Russia, CIS countries, South Africa and other African countries,
the Middle East and the South Asian Countries with an employee base of more than 5,000. In
India, Uflex has nine manufacturing facilities, which are spread across various locations in India
namely, Noida, UP; Bhind, MP and Bari Brahmana, Jammu.
As on Mar 31 2011, the installed capacity for its various class of goods stood at - 149,400 MT of
printed, laminated, metalised, co-extruded, coated, embossed and plain plastic films; 54,000
units of rotogravure cylinder and shims; 70 mn units of hologrammed sticker sheets; 1,570 of
packaging & converting machines and structure & fabricated items; 72,000 MT of PET chips;
12,000 MT of printing ink and 9,000 MT of adhesive.
Management
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9. Vision
"Be a leading company and preferred supplier for providing flexible packaging solutions to
customers across the world maximizing value for all stakeholders"
At Uflex we believe that, to eventually emerge as a World leader in providing total Flexible
Packaging solutions, we need a customer focused approach.
The way to being a world class player is paved with state-of-the-art facilities blended with world
class practices. And it shall be our endeavour to be placed amongst the top ten international
players by the year 2005
To be the most admired innovative company in the world by:
• Providing flexible packaging solution and experience.
• Creating value for stakeholders.
We shall achieve this through:
• Best practice
• Sustained growth
• Working collaboratively
With respect and responsibility for our people and environment.
UFLEX redefines packaging by touching and improving everyday lives.
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10. Mission
"To meet customers’ dynamic packaging needs by providing innovative, productive, cost-
effective, optimised and eco-friendly packaging solutions, continually adding value to their
business."
We believe in using our creativity and aesthetic potential in providing flexible packaging
solutions which make packaging easier, faster, more efficient and user friendly. In this way we
too have a share in contributing to the conservation of resources by enhancing the shelf life of
the perishable products.
Every UFlex employee has the commitment to achieve Company’s VISION. They have pledged:
• To consistently deliver quality product by adhering to the set specifications, contractual,
regulatory and statutory requirements
• To achieve enhanced customer satisfaction through cost-effective and timely completion
• To motivate and train the staff for continual improvement of quality standards
• To update and implement the procedure complying with international standards
Objectives
• To understand the US paper (International Market) and Packaging industry and also the
competitor (both small and large players) presence and strength in the Digital Media
space.
• Facilitate product transportation and protection.
• Aid product consumption.
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11. • Corporate Social Responsibility (CSR).
• Convey descriptive and persuasive information.
• Identify the brand.
• The initiative hopes to attract capital and technology investment in India and overseas.
• The initiative hopes to increase GDP growth and Tax revenue.
• To increasing employment rate.
• To providing Flexible Packaging.
Functions
Packaging Film
Uflex is India’s largest end to end flexible packaging solutions company serving as a one
stop shop for all flexible packaging needs across varied industry sectors spanning USA,
Canada, South America, UK, Europe, Russia, CIS countries, South Africa and other
African countries, Middle East and the South Asian Countries.
Headquartered in Noida (National Capital Region, Delhi) we have packaging film manufacturing
facilities in India, Dubai, Mexico, Poland, Egypt and USA with a cumulative capacity in excess
of 380,000 TPA (743 million lbs/ year). We are already the world’s largest supplier of polyester
films for flexible packaging applications.
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12. The irreproachable legacy that we have earned is on account of two factors Quality and
Services.
Our focus on Quality emanates from our firm belief that we will only deploy the finest
technology available coupled up with State-of-the-art equipment that will add maximum
value to your business. This is our unspoken yet universal commitment to all our customers
who deserve nothing less than the best. The second focal point is Service. With an
overarching aim of serving our customers by maintaining a close proximity with them, we
started our first overseas plant in United Arab Emirates (UAE). Ever since, there has been
no looking back and we have increased our global footprints to Mexico, Egypt, Poland and
United States of America. We assure just in time deliveries to our customers that give them
the much needed ease and effective working capital management. We are with you, for you
when ever and where ever you desire.
We are a multi-million conglomerate spread
over 350 acres across four continents. We operate from India, UAE, Mexico, Egypt, Poland
and United States of America. Our manufacturing facilities are ISO 9001, 14001 and
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13. HACCP certified. Uflex is the only global packaging film manufacturer with global
outreach that together accounts for over 90% of the global packaging market.
We have state-of-the-art ISO 9001, 14001 and HACCP certified plants producing BOPET (Bi-
axially oriented polyethylene terephthalate), BOPP (Bi-axially oriented polypropylene), CPP
(Cast polypropylene) and Metallized films in Asia, Europe, North America and Africa.
Our manufacturing facility in Noida has three
lines of 6.7 meters each for PET films, with a combined capacity of 60,000 TPA, two lines of
6.7 meter each for BOPP films with a combined capacity of 28000 TPA, and one CPP line
with capacity of 5000 TPA. In addition, we have five State-of-the-arts 2.5 meter wide plasma
enhanced high-barrier metallizers with a capacity of 27000 TPA.
Flex Middle East has two ultra-modern 8.7 and
6.7 meter wide Polyester film lines, operating at 500m/minute to produce 60,000 TPA of
polyester films (BOPET). Two State-of-the-arts 2.5 meter wide plasma enhanced high-barrier
metallizers are capable of producing12, 000 TPA of high quality metalized film.
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14. Flex Americas S.A. de C.V’s plant in Mexico
produces BOPET films and High-barrier Metalized Films. It houses two 8.7 meter wide BOPET
film lines running at 500m/ minute to produce 72,000 TPA of film. These are some of the
world’s largest film plants – much bigger than any other film lines presently running in North
America – and are complemented by two plasma enhanced high-barrier metallizers and one
AlOx metallizer.
Flex P Films (Egypt) S.A.E. has three film lines in operation – one 8.7 meter wide 500 m/minute
BOPP film line that produces 36,000 TPA; one 8.7 meter wide 500 m/ minute BOPET film line
that produces 36,000 TPA; and a CPP line that produces 12,000 TPA of film. The film lines are
complemented by three State-of-the-art Plasma enhanced High-barrier Metallizers that churn out
22,800 MT of high quality metalized films per year. The plant also houses an AlOx coating line
that produces 2,400 TPA of high barrier, transparent film per year.
Flex Films Europa Sp. z.o.o. plant in Poland is our first manufacturing facility in Europe. The
plant houses a State-of-the-art 8.7 meter wide BOPET film line that runs at 500 m/minute and
can produce 36,000 TPA of film supplemented by Plasma enhanced High-barrier Metallizer that
can produce 6,000 TPA of film every year.
Flex (Films) USA Inc’s plant in Kentucky houses an 8.7 meter wide BOPET film line running at
500 m/minute and is capable of producing 36,000 TPA. It is complemented by Plasma enhanced
High-barrier Metallizer that can produce 6,000 TPA of metalized film. The BOPET film line is
bigger than any other film line presently operating in USA.
Hailing from the core value system of Uflex Group, we at Films Division, incubate mutually
enriching business partnerships. We specialize in defining and designing solutions with
immaculate precision to maximize your operational economy and bottom line.
IN DOING THIS WE PARTICULARLY FOCUS ON:
• Path-breaking innovations with differentiation;
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15. • High material efficiency leading to greater production yield;
• Reduced operating cost;
• Optimum asset utilization.
We are now working towards attaining world class operational excellence by systemic
elimination of losses in all areas of operations. Our focus incessantly remains on sustainability as
we work towards reducing wastes and energy consumption.
Flexible packaging is the fastest-growing
sector globally. India’s packaging industry is no exception. The shift from traditional rigid
packaging to flexible packaging mainly on account of its attractiveness, cost-effectiveness
and strength is largely aided by ever increasing consumer demand. To continually innovate
and meet the demand, Uflex Films Division India has a dedicated Research and
Development Department.
At Films Business of Uflex, one of our prime thrusts is to develop and execute an appropriate
innovation strategy as an essential part of our overall business plan.
This starts with a predominant and
unwavering focus on developing the necessary skills, having a well-defined roadmap,
15

16. identifying and earmarking the requisite resources, efficient implementation and last but not
the least undiluted attention on achieving results. This has been the key to our consistently
good track record of new and innovative products and shall continue to be. This is a
daunting task that requires complete dedication and a never say die attitude. We also
customize products as per clients’ requirements and carry out a feasibility and viability analysis
for their benefit.
Packaging
Uflex is India’s Largest Flexible Packaging Company headquartered in Noida, in the
National Capital Region of Delhi. Uflex with its three manufacturing facilities supplies to
all Major Multi National and Indian Customers. Uflex is also the largest Flexible
Packaging Exporter with major presence in North America, Europe, Africa, South East
Asia and the Middle East. Uflex has a manufacturing capacity of over 80000 TPA with
plants located in Noida and Jammu.
16

17. We offer the broadest product range in
Flexible Packaging and Laminated Roll Stock. Some of the products of our portfolio are wide
variety of Pouches including 3D and 4 D Pouches with re-closable options, Wicketed Bags for
Baby and Hygiene markets with handle, Pet Food Pinch Bottom Bags, Cement Block Bottom
Bags, Flexi-Tubes, Lids, Confectionary Foils, Embossed Foils, Hygiene Films, Innolock
Pouches, Pocket PTC Zipper, Spot Embossing, Electron Beam Curing, Cast ‘n’ Cure
Technologies etc. Uflex offers flexible packaging solutions under the brand “Zip Pouch” for use
in Refrigerators, School Lunch and for home storage storage purposes.
Uflex has the unique advantage to deliver customized solutions due to its full backward
integration into Films (BOPET, BOPP, CPP, Metalized Films), Chemicals (Inks, Coatings,
Adhesives), Engineering (Converting & Packing Equipments), Holography (Films, Labels) and
Cylinders (Electronic, Laser and Flexographic Plates).
Uflex has Four Research and Development Laboratories approved by the Ministry of Industries,
Government of India, with advanced equipment’s such as Differential Scanning Calorimeter,
FTIR, OTR, MVTR, UTM, Gas Chromatograph that facilitate analysis and development of new
Flexible Packaging Solutions.
Uflex is the pioneer in India in introducing
various innovative products that deliver Consumer Convenience and Extended Shelf Life E.
Uflex’s consistent product quality is maintained through Systems and Procedures as defined in
ISO 9001:2000, BRC: IOP, ISO 2200 and HACCP.
Uflex has marketing offices around India and across the world to ensure quickest response time
17

18. and prompt service to its customers. All activities of the business are focused on delivering
Customer Delight and Satisfaction through meeting On Time in Full (OTIF) and Consistent
Quality.
Uflex operates one manufacturing facility
in Noida and two manufacturing facilities in Jammu. The total manufacturing capacity of these
plants is over 80000 TPA. All plants and marketing offices are interlinked through Enterprise
Resource Planning (ERP) system operated through Oracle software, to offer seamless
information flow to ensure ‘On time Communication’ with all stakeholders.
Over the years Uflex has transmitted best practices across businesses, resulting in higher
productivity and reduction in consumption at source. Uflex has one of the highest employee
satisfaction indices in the industry with people assuming greater responsibilities and sense of
pride within the division and across businesses.
Uflex significantly invests in the Research
and Development activities and towards the equipment’s required for advanced polymeric
research and barrier technologies to provide extended shelf life to products.
Uflex is the only company in India capable of Metalizing Polyethylene Film providing functional
barrier and significant reduction at source. This Metalized PE Film has replaced the traditional
three layer structure used in personal product categories.
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19. Uflex has pioneered the Electron Beam Coating Technology in India and has successfully
eliminated the Print carrier layers, which are not required in both primary and secondary
packages. The advanced Electron Beam Curing is also now offered with Cast N Cure solutions to
provide superior aesthetics to packages.
Chemicals
Uflex Chemicals (ISO 9001:2008) is a leading manufacturer of Liquid Inks, Adhesives and
Specialty Coatings. We serve a wide array of domestic and international customers spread across
various countries. We enjoy the distinction of being a complete solution provider for flexible
packaging industry in terms of printing inks and binding needs of laminates.
With over two decades of industry experience and
a sound performance track record makes us a recognized and respected brand for unmatched
product quality and impeccable customer service.
19

20. Our wide range of proven products is compatible with all kinds of substrates and machines
instilling confidence in our customers. Apart from flexible packaging, our adhesives also serve
footwear and foam industries.
We have 2 State-of-the-art production facilities in Noida and Jammu.
Uflex chemicals Business is ISO 9001:2008 accredited. Our Ink and Adhesive Labs are
recognized by the Department of Science and Technology, Govt. Of India.
Uflex Chemicals seeks continuous process improvements in an endeavour to make each
transaction a world class experience for its clients.
Supported by the finest software’s and regular process calibrations we maintain our agenda of
zero loss of information and efforts.
20

21. Engineering
Established in 1985, Engineering Business of Uflex has grown to be the manufacturing major of
top of the line packaging, printing and allied machines. Our success is centered on our
commitment to providing high performance machines and customized solutions meeting and
exceeding global standards while reducing total cost of ownership.
We as pioneers in providing end to end flexible packaging solutions engineer best in class
machines, designed for efficient operations to meet the varying requirements across industries.
We provide our customers with the widest range of machines, from simple and basic
specifications to highly sophisticated ones involving seamless integration of advanced
21

22. engineering, enhancing their production efficiency and thereby increasing our reputation. Our
machines, running successfully in many countries, are customized to respond efficiently to
customers’ requirements. Incorporating frontline technology with unique features and prompt
after sales services make these machines the most dependable solution on the packaging
horizon.
By maintaining highest quality standards in our production process to deliver a flawless range for
cent percent client satisfaction, we are recognized as one of the leading Manufacturers, Exporters
& Suppliers in the market. Our transformation into an international enterprise is based on the
standardization, productivity and internationalization of our production and sales systems.
Spread across the huge sprawling premises of over 11 acres in Noida, India, plant is designed for
fast and sequenced multiple operations. Over the years Engineering Business at Uflex has
experienced sustained and steady growth in production and service offerings. As a result, the
company has had to physically expand to accommodate expanding business levels. (To cover all
regions of the world)
Today, the Engineering Business has five well equipped assembly lines with a variety of State-
of-the-art machining & fabricating technologies coupled up with latest CNC machines.
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23. We are equipped with a world class machine shop, CNC based sheet metal fabrication &
machining centres, tool room, sophisticated galvanizing, paint shop with advanced technology,
buffing plant and MIP line for moveable parts. Machines are assembled and meticulously tested
in the assembly workshop.
We have incorporated modern production techniques to improve the performance of our
machines. Utilizing new techniques, streamlining our production processes and with our cutting
edge research and development facilities, we have been able to expand our product range to keep
pace with the dynamic international trends.
23

24. Cylinders
Uflex Cylinder Business has a State-of-the-art manufacturing facility for producing Rotogravure
Cylinders, Flexo Plates & Flexo Printing Sleeves that carry out intaglio printing process, which
involves engraving & Transfer of the image onto an image carrier. The image is engraved on
Cylinders/ Flexo plates. For manufacturing these printing cylinders we carry out the entire
process right from the steel base, copper plating, surface finishing, digital engraving, chrome
plating and subsequently to final proof print.
24

25. 25

26. A) GRAVURE PRINTING CYLINDERS
Uflex Cylinder Business has Production Facilities in India:
• Noida, Uttar Pradesh India
• Jammu, J & K, India
1) IN HOUSE DESIGNING:
In-house “CREATIVE Team…..
We offer one stop solution from Design to Print – traversing the complete life-cycle.
A dedicated team of designers does an exceptionally creative job with immaculate finesse.
We create designs for all kinds of Stock Keeping Units (SKUs)
2) PRE-PRESS:
Uflex Digital Pre-press Department uses a specialized packaging and planning software
ARTPRO & Pac Zed to meet Gravure & Flexo printing requirements. The software is the
last word in techniques like color separation, trapping, bar code generation and pantone.
Highly experienced and internationally trained professionals spin their magic on color
calibrated monitors for optimum halftone results. Besides this, exclusive soft-wares are
deployed for making wall papers, wood grain and texture design cylinders. To get vibrant
and rich colors, Hexa-chrome technology is put in use.
The digital file finally gets ready to be engraved on the cylinder. Most importantly, in order
to maintain the confidentiality of the job, our State-of-the-art ERP solution makes sure to
safeguard all the interests of our esteemed customers.
26

27. 3) CYLINDER MANUFACTURING FACILITIES:
27

28. I) IN-HOUSE BASE SHELL MANUFACTURING
• Accuracy up to 10 microns/ meter.
• CNC Machines, Inner Bore Making Machine, Cone & Flange making Machine, High
Accuracy Grinding machine, Auto Wielding Machine etc.
• This ensures Dynamic Balancing for achieving line speed up to 500 m / min.
• Speed to market: Design to Dispatch – all in 4 working days.
II) PLATING LINE FROM TRUSTED SUPPLIERS
To make sure engraving meets international standards, dynamically balanced base shells
with accurate thickness and hardness are passed through high precision imported grinders
The base shells then undergo a sophisticated multistage galvanic process on the State-of-
the- art fully automated, environment friendly galvanic line from MDC Daetwyler,
28

29. Switzerland. Here they are de-creased to get rid of dust, oil, dirt or any other foreign
particles before undergoing a uniform electroplating of nickel and copper. In chrome
plating we can get hardness above 1100 vikers & micro cracks 400/cm (Min.).
• De-chrome
• De-greasing
• De-chrome
• Nickel Plating
• Chrome Plating
• Hrome Polishing
III) HIGH PRECISION COPPER POLISHING LINE FROM TRUSTED
SUPPLIERs
A high precision digitally controlled MDC Daetwyler "Polish master machine" with an accuracy
of 10 microns per meter is used to achieve accurate and mirror surface that is required for
electronic engraving on the cylinder.
29

30. IV) ENGRAVING
Electronic Engraving:
Mega depth up to 80-100 microns can be engraved. Extreme Head & Transcribe Head
Technology for sharper / micro text.
Laser Engraving:
Apart from existing 12 electronic engraving lines, A State-of-the-art Schaper LASER has
been added and also latest robotic laser Engraving Line has been installed at our
manufacturing site in Noida.
30

31. V) CYLINDER PROOFING
All the manufactured cylinders are proofed to cross check the process parameters and also
to validate output synchronization amongst Pre-press, Engraving machine and Printing
machine…..so we ensure “whatever we proof , replicates in print…”.
Accucheck proof reader:
The unique proof reading process ensures errorless and efficient, proof checking. The
actual proof on substrate is scanned and superimposed on soft file of the approved design.
Any deviation can be easily detected by this customized software.
VI) QUALITY CHECKS
QC at each and every stage of the process:-
• Chemical analysis of plating bath on daily basis.
• Standardized engraving parameters & Cylinder quality analysis.
• Proof reading, shade matching as per customer requirement; checking for Delta E and
LAB values of colors, Barcode verification & reporting.
31

32. B) FLEXO PLATES PRODUCTION FACILITIES:
Our Digital Flexoplate processing set up offers significant advantages to advance the
quality & productivity of your organization owing to a unique combination of direct digital
imaging and CYREL fast thermal processing.
32

33. FLEXO PROOFER:
A Unique Flexo Plate Proofing Machine Developed by Uflex
Can provides proof on actual substrate with various Anilox rollers as per client’s
requirement.
Uflex is the only Company in India having Proofing Facility for Flexo Plates & Sleeves.
C) FLEXO PRINTING SLEEVES:
Using the sleeves technology, the fiber glass sleeves are covered with elastomer or polymer
and then the sleeves are directly engraved by using of CO2 or YAG lasers. The finished
sleeves are then slid onto the air mandrels of the flexography printing machine. A Lead
33

34. Laser Sleeve making facility has been introduced to make high precision flexo sleeves at
Uflex Jammu plant.
A recently installed Robotic Laser Engraving Line from M/s Think Lab, Japan, can produce
more than 80 Cylinders per day. To make sure that engraving meets international standards,
dynamically balanced base shells with accurate thickness and hardness are passed through high
precision imported grinders.
We adopt Stringent Quality Control at each stage of production to ensure world class cylinders.
Few of our practices include:
• Period Calibration of Scanner-Monitor-Prepress Digital-Cylinder Proof;
• Checking and improving the H/T images on the colour calibrated monitors to the
minutest of detail;
• Dynamic balancing of each cylinder at 500 RPM;
• Blue print for cone and bore's accuracy;
• Proof reading and comparison with the original artwork before engraving cylinders;
• Inkjet proofing of complete cylinder layout through the circumference and width;
34

35. • Daily analysis of electroplating baths for Nickel, Copper and Chrome.
• Accurately checking copper hardness of each cylinder.
• Accurately checking chrome hardness of each cylinder.
• Diameter of each cylinder from one end to the other is gauged.
• Roughness of each cylinder is ascertained.
• Cell geometry (Cell width/ Cell wall/ Depth) for each cylinder is checked to ensure
correct reproducibility and consistency.
• Meticulous checking and matching of each cylinder proof with the master sample/
artwork-prior to dispatch. Appropriate packing of cylinders is carried out to avoid any
damage while in transit.
Holography
Uflex is one of the world’s leading organizations providing brand protection and anti-
counterfeiting solutions to its customers globally. Uflex’s Holography Division develops,
produces and markets products and solutions that offer brand protection, textile value addition &
packing solutions to various industry verticals and Government organizations globally. Uflex
implements cutting edge technology to develop & produce its anti-counterfeiting solutions for
brand protection of goods and important documents.
35

36. Uflex’s Holography Division’s products range from Holograms, Holographic Scratch,
Holographic Wads, Self Adhesive Labels, Printed Labels to Holographic Paper Labels,
Holographic Strips, Holographic Pouches, Holographic Films, HSF Foil, Glitter Film, Sequins
Films, Hot Melt Film, Fancy Yarn Films & Security Documents.
Our State-of-the-art Manufacturing Plants are based out of Noida & Jammu with modern in-
house manufacturing facilities that cater to the requirements of large volume production orders
ensuring highest quality standards.
Being world leaders in Holography, it is in our Corporate DNA to ensure that we provide exactly
what the client wants at the most effective price coordinates. At Uflex Holography Division, our
goal is to deliver quality that instills confidence in our discerning buyers globally and become a
benchmark for others.
We remain uncompromising in our adherence to excellence at every stage of production, right
from the selection of raw materials till the final product delivery.
36

37. Product & Services
Uflex is engaged in the business of plastic based flexible packaging materials and provide end to
end packaging solution to its customers spread across the world.
The products of the company are:
• Main Products
 Value added flexible packaging material.
 BOPET/BOPP/CPP (plain, metalised, corona and other barrier coated films)
• Intermediary products
 Polyester chips
 Holographic material
 Printing inks and Lamination adhesive
 Rotogravure cylinders
37

38.  Packaging & converting machines
PACKAGING FILMS
Uflex’s Packaging Films Division’s products range from Biaxially Oriented Polyethylene
Terepthalate (BOPET) Films “F L E X P E T”, Biaxially Oriented Polypropylene (BOPP) Films
“F L E X O P P”, Cast Polypropylene (CPP) Films “F L E X C P P”, Metallised BOPP, BOPET
& CPP Films “F L E X M E T P R O T E C T”, Special Effects Films, AIOx Coated Films and
Poly Ethylene Terephthalate (PET) Chips. Uflex’s Packaging Films Division’s products range
from Packaging Films.
BIAXIALLY ORIENTED POLYETHYLENE TEREPTHALATE (BOPET) FILMS
“FLEXPET”
Our Packaging Films Business produces 3, 00,000 TPA of BOPET films on its ten State-of-the-
art lines. These films come in thickness range of 6.5 – 75 microns and are available in plain,
surface treated, chemically coated, matte, heat sealable, metallisable, green, clear and extra clear
varieties.
BIAXIALLY ORIENTED POLYPROPYLENE (BOPP) FILMS “FLEXOPP”
Film Business at Uflex produces over 68,000 TPA of BOPP films on its three State-of-the-art
lines. These films come in the thickness range of 8 – 75 microns and are available in plain, heat-
sealable, metallisable, matte, pearlised, cavitated, overwrap, white opaque and speciality film
grades variety.
CAST POLYPROPYLENE (CPP) FILMS “FLEXCPP”
Film Business of Uflex produces over 17,000 TPA of CPP films which can be supplied in widths
up to 3000m. These films come in thickness range of 18 – 200 microns and can be offered with
corona treatment on one or both sides. These films are available in plain, heat-sealable,
metallisable, polished, mirror finish, embossed surface, glossy/ matte finish, high stiffness,
flexible, clear and opaque varieties.
METALLISED BOPP, BOPET & CPP FILMS “FLEXMETPROTECT”
With its fourteen State-of-the-art metallizers with plasma treatment facilities for better metal to
film adhesion and superior metal coverage, Film Business of Uflex produces over 45,000 TPA
(100 million lbs) of High Barrier Metalized films per annum with optical density ranging from
0.4 to 3.5 in widths up to 2,850 mm. These films come in the thickness range 6.5 – 75 microns
for BOPET; 8 – 75 microns for BOPP and 18-200 microns for CPP.
SPECIAL EFFECTS FILMS
38

39. Special Effects Films are a range of films that have been embellished with special optical effects.
The films are especially processed to get special optical effects, customized patterns and
proprietary designs on their surface. These can also be metalized and/ or printed to further
enhance appearance.
AIOX COATED FILMS
AlOx coating is the application of a thin and highly transparent aluminium oxide on packaging
films that imparts high moisture and gas barrier properties giving a tough fight to aluminium
foils and metalized films. It is the only true high-barrier flexible packaging material available,
that is transparent and allows packaged product to be clearly visible. AlOx coating is a cutting
edge technology that only a very select/ handful of film manufacturers are equipped with.
POLYETHYLENE TEREPHTHALATE (PET) CHIPS
With abundant experience, flexible batch technology advantages and through continuous R&D
efforts we have developed different varieties of polyester chips. Since we have a flexible batch
technology process and a team of dedicated, experienced professionals, many customers have
chosen our plant for carrying out their Research & Development activities. In fact we have
jointly developed products in absolute confidentiality. Thus we are not only chips manufacturing
plant but also a technology provider. We will be very glad to be your partner in developing better
products and solving problems.
PACKAGING
Uflex’s Packaging Division’s products range from Flexible Laminates, Pre-Formed Pouches,
Flexo Printed Rolls & Bags , Laminated Woven Poly Propylene (WPP) Bags, Electron Beam &
Cast N Cure, Pharmaceutical Products, Flexi Tubes, Hygiene Films and Flexfresh™ Modified
Atmosphere Packaging. Uflex’s Packaging Division’s products range from Packaging.
FLEXIBLE LAMINATES
WE OFFER FLEXIBLE LAMINATES MADE OF VARIOUS PLASTIC, ALUMINUM AND
PAPER COMBINATIONS SUCH AS:
• PET/PE, PET/MET PET/ PE, PET / Foil/ PE, PET/CPP, PET/BOPP (Nat, White &
Metalized), PET/Extr/Foil/Extr/PE
• PET/Foil/BON/CPP, AlOx Pet/BON/CPP (Retort)
• BOPP/BOPP, BOPP/CPP, BOPP/PE (Nat, White & Metalized), BOPP/Extr/Met Pet/PE
• BON/PE, PE/Tie/PA/Tie/PE
39

40. • CPP/PP Thermoformable Laminates
• Paper/Al. Foil/ HS Coating, Paper/Extr/Foil/Extr/PE,
• Al. Foil/Paper (Embossed)
• PET/HS, Foil/HS (Lids)
• BOPP/Extr/WPP, BOPP/Extr/Met Pet/WPP,
• Zip Pouch and Zip Foil (Consumer Business)
PRE-FORMED POUCHES
WE OFFER FLEXIBLE POUCHES MADE OF VARIOUS FORMATS SUCH AS:
• Slider Zipper Pouches (for powder and granules)
• Innolok™ Pouches
• Pouring Spout Pouches (for liquids)
• 3D Pouches (Quad- Seal- Bags)
• 4D Pouches
• Carry bags
• Flexi Bottles
• Stand-up
• Centre sealed
• Three side sealed
• Gusseted pouches
• Reclosable-Press to Close
• Flexi Tubes
FLEXO PRINTED ROLLS & BAGS
WE OFFER FLEXO SURFACE PRINTED BAGS FOR BABY AND FEMININE HYGIENE
PRODUCTS MADE OF VARIOUS FORMATS SUCH AS:
40

41. • Surface Printed Poly Rolls
• Bottom Gusset Bags
• Wicketed Bottom Gusset Bags
• Handle Gusseted Bags
LAMINATED WOVEN POLY PROPYLENE (WPP) BAGS
WE OFFER WPP BAGS MADE OF VARIOUS FORMATS SUCH AS:
• Block Bottom Bags for Cement, Building Materials, Chemicals, Fertilizers, Seeds etc.,
• Pinch Bottom Bags for Pet Foods, Rice etc.,
• Handle Bags for Rice, Commodities etc.,
• Business Promotion Bags
• Reusable Shopping Bags
• Bulk Bags for Collation
PREMIUM SHOWER PROOF BAG
An excellent example of packaging innovation at its best; Uflex presents a winner in building
material packaging due to excellence in technological advancements. With the impressive use of
nano technology to address multiple industry challenges such as preventing waste, enhancing
brand equity, and increasing worker safety. Uflex has set an example of the use of sophisticated
technology in an emerging region.
ELECTRON BEAM & CAST N CURE
WE OFFER VARIOUS PRINT FINISHES IN ELECTRON BEAM AND CAST N CURE
TECHNOLOGIES IN FLEXIBLE PACKAGING:
• Super Gloss Finish
• Matte Finish
• Registered Cast n Cure
• Holography Cast n Cure
• Registered E Beam
41

42. PHARMACEUTICAL PRODUCTS
WE OFFER VARIOUS PRODUCTS FOR THE PHARMACEUTICAL INDUSTRY SUCH AS:
• Cold Form
• Alu Laminates
• Strip Foil
• Blister Foil
• Child Resistant Foil
• Suppository Film
FLEXI TUBES
WE OFFER FLEXI TUBES IN DIFFERENT DIAMETERS AND COMBINATIONS FOR
USE IN:
• Beauty: Face Wash, Face Scrub, Fairness Cream, Face Mask, Face Pack, Lip Colorant,
Lip Balm
• Personal Grooming: Shaving Cream, Hair Remover
• Hair Care: Hair Cream, Hair Gel, Hair Colorant
• Pharmaceutical: Cosme Pharma, Derma Care, Other Pharma OTC and Non OTC
products
• Traditional & Custom Applications: Henna Paste
• Oral Care: Niche Products, Prescribed Products
HYGIENE FILMS
42

43. WE OFFER SEVERAL OPTIONS IN HYGIENE FILMS FOR USE IN:
• Diaper Breathable Films
• Sanitary Napkin Back Sheet Films
CHEMICALS
Our wide range of proven products is compatible with all kinds of substrates and machines
instilling confidence in our customers. Apart from flexible packaging, our adhesives also serve
footwear and foam industries. Uflex’s Chemicals Division’s products range from Adhesives,
Inks, Coatings & Polyols.
ADHESIVES
• Laminating Adhesive
• Ink Binders
INKS
These are flexible packaging inks, suitable for Flexo & gravure printing processes. Majority of
substrates are polymeric films, paper, aluminium foil...etc.
• Flexo
• Gravure
COATINGS
Coating is a covering that is applied on a substrate / surface with a Polyurethanerpose of
protection, decoration and enhance the quality.
POLYOLS
Polyols for case and foam applications: 100% Solid resins used for the case application
ENGINEERING
We manufacture machines that are highly reliable, efficient and consistent in operation. These
machines are designed and developed to suit various requirements of industry. Our uniquely
designed machines are simple to use, cost effective, require less maintenance. Made from quality
raw material, these machines are manufactured with the best available technical know-how to
update packing process and increase productivity - a burgeoning need of this competitive age.
OUR PRODUCTS HAVE BEEN CATEGORIZED AS FOLLOWS:
43

44. PACKAGING MACHINES
We at Uflex Engineering Division manufacture wide range of Packaging Machines like Form
Fill & Seal machines, that are both Single as well as Multi Track; Wrapping machines, that are
capable of wrapping product of any shape and size; Special Purpose machines, in which the
products are packed not only in centre seal / three side or four side seal pouches but also in other
attractive pouches like Stand up or as Three Side Gusset Pouches.
PACKAGING MACHINES CAN BE CATEGORIZED AS UNDER:
• Form Fill & Seal (FFS) Machines
• Wrapping Machines
• Special Purpose Machines
• Semi-automatic machines
CONVERTING MACHINES
We at Uflex offer end to end flexible packaging solutions. We manufacture a wide range of
converting machines for carrying out various operations like printing, lamination, slitting/
rewinding, inspection, doctoring and pouch making. We have different models in these machine
categories that vary according to speed / output, level of technical sophistication and
specifications as per clients’ requirements.
CONVERTING MACHINES CAN BE CATEGORIZED AS UNDER:
• Rotogravure printing machines
• Lamination machines (Solvent less, Solvent base, Combi & Triplex)
• Slitting/ Rewinding machines
• Inspection machines
• Doctoring machines
• Pouch making machines
• Embossing machines
SPECIALITY PRODUCTS
44

45. We at Uflex also offer speciality products that are ancillary yet important for the purpose
of packaging.
Auger Filler: Auger filler (Screw based filling system) is applicable for stick powder.
Volumetric Cup Filler: Volumetric cup filler is applicable for powders and granules.
Weigh Filler: Multi head weigh filler is applicable for free flow granular products.
45

46. CYLINDERS
Our product range extends from rotogravure cylinders to Anilox rollers, lamination and coating
rollers, embossing rollers to mica & wood-grain cylinders. Uflex’s cylinders Division’s products
range from Cylinders & Flexo.
GRAVURE CYLINDERS
PRINTING CYLINDERS:
COATING CYLINDERS:
SPECIAL PURPOSE CYLINDERS:
46

47. CTP FLEXO PLATES
FLEXO PRINTING SLEEVES
HOLOGRAPHY
47

48. Uflex’s Holography Division’s products range from Holograms, Holographic Scratch,
Holographic Wads, Self Adhesive Labels, Printed Labels to Holographic Paper Labels,
Holographic Strips, Holographic Pouches, Holographic Films, HSF Foil, Glitter Film, Sequins
Films, Hot Melt Film, Fancy Yarn Films & Security Documents. Uflex’s Holography Division’s
products range from Holography.
HOLOGRAM
Uflex offers best in class holograms available in 2D/3D, Dot Matrix & High resolution Kinemax
technology. Our range is reckoned for its vibrant color combination, print clarity and quality.
Further, these are offered in standard and customized shapes to the clients at most competitive
price coordinates.
HOLOGRAPHIC FILM (WIDE WEB FILMS)
We produce high quality holographic films for the purpose of security and for self-appeal,
ranging from 12 to 50 microns. These films can be used for wrapping gifts. The film can also be
laminated with paper board and printed polyester in order to make pouches or boxes. It increases
the aesthetic value of the product evoking buyers’ interest at the point of sale (POS).
TEXTILE VALUE ADDITION PRODUCT
• SEQUIN FILM
• HOT MELT FILM (50 MICRON.)
• 23 Micron Holographic Glitter Film
• Hot Stamping Foil
PAPER METALIZED HOLOGRAPHY
Uflex is India’s leading company producing metalized paper and board. This product is coated
with a layer of aluminum with a matte or gloss finish that offers decorative and protective
properties to the product. Two different systems can be used to create metalized paper:
Lamination, Vacuum metallization.
LABELING SOLUTION
Uflex is one of the leading organizations providing most popular labeling solutions to various
industry verticals. Uflex’s pressure sensitive labels/self-adhesive labels are an excellent choice
for products in home care, pharmaceuticals, personal care, wine liquor, food and beverages,
automobile and several other industry verticals. Our label product facilities offer customized
labels and printing in a variety of stocks, inks and processes.
48

49. Organizational Structure
49
Board of Director
Director
Mr. Dinesh Jain
Jt. President Group HR
Film
Division
Ms. Sarbani-EM
Mr. Raghunath-EM
Aditya-Officer
Neeraj-Officer
Garima-Officer
K. Kant-Officer
Packaging
Division Noida
Mr. D.K
Jain
A.G.M
Mr. Manish
Jain A.G.M
(T&D)
Mr. Akash
Thakur
-Officer
Cylinder Packaging,
WPP A-1
Export & Tube
Holography
Jammu-1
Mr. Arun sharma
A.G.M
Santosh singh
J.E.M
K.Murari-Officer
Akhil-E.T
Vishal-Sup.
Sushil-Sup.

50. 50
Mr. S.
Quarishi
J.E.M
Manish-Officer
Dheeraj-Sup.
Mr. Shailesh Shukla-E.M
Brij Mohan-Officer
Ritesh-Officer
Parul-Officer
Ajay kumar-Sup.
Anil kala-Sup.
Vaibhav
sharma-E.O
Anushree-Officer
Jammu-2
Mr. Dheeraj
E.M
Anurag-Officer
Rahul-E.T
Rishu-Sup.
Vikram-Sup.
Jammu-3
Mr. Sunil kumar
Em
Deepak-E.T
Sunil-Sup.
Pankaj-Sup.
Corp. Office
Anita Ambardar-JEM
Jitendar Garg-JEM
M.Ali-EO
Naresh Sharma-Officer
Sarika Jain-Officer
Shantanu Mondal-Sup.
Vineet-Sup.
Jai Prakash-Sup.
Recruitment
Iti Jain-JEM
Misha-EO
Deepti-Officer
Nidhi-Officer
Engineering
Division
Mr. S.N Singh-
A.V.P
Mr. Bignesh
Dubey-EM
Purshottam-
Officer
Amba Dutt-
Officer
Vidhi Bisht-
Officer
Sanjeev-
Officer
Sushil-Officer
Devesh-Sup.

51. SWOT Analysis
Strengths
1. The company has strong global presence and operates in India, the UAE, Mexico, Egypt,
Poland, the US, the UK, Mauritius and Singapore.
2. Provides technical know-how and is the trend-setter in the flexible packaging industry.
3. They have a strong employee base of about 5000 people.
4. First to come up with advanced products those cater to the changing demands of the packaging
industry.
Weaknesses
1. Decrease in operating profit due to the turbulent economic conditions.
2. Scarcity and availability of raw material for the business is a concern.
3. Increasing volatility has affected the robust business structure.
51
Legal & Compliances
Mr. Sudhir Singh-
AGM
Mr. Sanjeev Agarwal-
JEM
Mr. Anupam
Chaturvedi-EO
Admin/H. Keeping
Ms. Anjali Bidani-EM
Chemical
Division
Ved Prakash-
EO
Naresh-Officer
Shilpi-Officer
Sudhir-sup.
Lallan-Sr. Asst.

52. Opportunities
The flexible packaging market is vast and a mature sector in terms of various stakeholders such
as processors, packaging manufactures, raw material suppliers, and end-user industries which
includes personal care products, manufactures of food & beverages, and pharmaceuticals. Some
of the key materials used in flexible packaging market include polypropylene, polyamide,
aluminum, PVC, and so on, it is due to such durable, light weight, and highly aesthetic flexible
packaging material, the market for consumer preferences is rising and is expected to significantly
boost the growth of the market over the next coming years.
India’s rapidly growing flexible packaging demand compared with other countries is
underpinned by a number of factors:
• The Indian government is keen to provide a much more welcoming business environment
for international investors than hitherto. The government’s ‘make in India’ campaign is
promoted with the aim of increasing manufacturing’s share of GDP from the current
15%, which is low for an emerging economy, to 25% by 2022. Foreign inward direct
investment is clearly seen as an integral part of this strategy. Measures already introduced
of planned include simplifying the tax system, simplifying investment procedures in
industry, including food processing, and most crucially devoting much greater resources
to improving infrastructure, especially roads, rail and energy, leading to reduced
production and distribution costs.
• Approaching half of India’s population is under the age of 25 compared with only around
one third in china where the one-child family planning policy is resulting in an
increasingly ageing population. India’s much larger youthful population is increasingly
receptive to buying and consuming pre-packaged products. Also, India’s fast growing
and increasingly sophisticated middle class is driving demand for an ever growing range
of higher value processed food products which utilize flexible packaging.
• Currently barely 5% of food in India reaches the consumer in pre-packaged form. As a
result of poor distribution infrastructure nearly 40% of fresh food in India is estimated to
perish before reaching the consumer, resulting in lost income for small farmers and
higher prices for consumer. These present huge opportunities for rapid flexible packaging
growth.
• High demand in the segment of flexible packaging with the developments in SCM.
• Rapid increase in propagation of polymer based technology products.
52

53. • Innovation in flexibility of the product makes in compatible for new demands in industry.
Threats
The company operates in flexible packaging industries; some of the products are commodity
grade and are to a large extent fungible with our competitors’ products. Demand for the products
of the company is sensitive to changes in industry capacity and output levels, cyclical changes in
regional and global economic conditions and changes in consumer demand.
Plastic Film business is highly competitive. The company faces stiff competition both from
international as well as domestic manufactures.
• High competition can lead to further decrease in the profit margin of the company
• Stringent environment rules can restrict the growth avenues
• Huge risk associated with the high concentration in polymers
Environmental Scanning
Political environment: - Political environment highlight the probable government laws and
regulations, Security measures and restrictions that can apply to the industry as a whole. The
probable environments that affect the Uflex Ltd. (MNC) are:-
• Laws & regulation had affected the Flexible packaging industry since its outburst. These
laws generally revolved around the environmental norms that were to be fulfilled by any
packaging industry had to take care of the environmental issues during Flexible
packaging of products.
• Taxes and Government foreign policies are critical for the packaging industry. The
foreign policies help to us decide the probability of success in the global market.
• Introduction of new Flexible packaging of products in the international market wherein
regulation led to packaging of product with increase in sales & production.
Economic environment: - Economical environment related to the exchange rates, economic
growth globally and the business setting prevailing in the industry. Economic environment for
the Flexible packaging industry are:-
• There was excess capacity of flexible packaging thus giving rise to high amount of
revenue in marketing & new product design. Thus there was lot of revenue withheld even
through demand was less supply.
53

54. • It rising slightly in 2014, to 2.6 percent, world GDP will grow by an estimated 3.0
percent in 2015 and 3.3 percent in 2016, supported by gradual recovery in high-income
countries, low oil prices, and receding domestic headwinds in developing countries.
• Surplus capital and buying power in the developing economies like India and China and
their personal emergence in the global market place.
Socio-Cultural Environment: - Socio-cultural environment include the changes in cultures and
demo graphics globally apart from change in buying pattern and capacity of the customer. Socio-
cultural environment having an impact on the packaging industry are:-
• Changes in the customer predilection from flexible packaging being a status symbol to
unique or innovative design.
• Changes in buying pattern of the consumer due to recession in mature market.
• Environmental issues and awareness of the harmful chemical through flexible packaging.
Technological environment:-
• Increase in use of technology to gain a clear competitive advantage.
• Use of new and sophisticated design to overcome the decreased margins in the industry.
• Modification or restriction on technology causing environment pollution.
Environmental issues (Green environment):-
• Sustainability is fast gaining favors among companies, with consumers increasingly
looking to buy products that are ‘green’. A recent report highlighted the growing trend of
sustainable packaging in growing markets of China and India. The cause is attributed to a
growing middle class who is aware of health and environmental issues of flexible
packaging. It is forecasted that by 2018, Asia will become the largest market for
sustainable packaging in the world accounting for 32% of the overall market share. In the
same year consumer demand, technological advancement will push sustainable packaging
to a $244 billion mark.
• Packaging companies in India like the Uflex Ltd., which is India’s largest flexible
package provider, has always been committed towards sustainable options of flexible
packaging. Being on the edge of innovation they provide packaging that keeps the
products safe, fresh and devoid of any harmful reactions. With the constant R&D for
safer and environment friendly packaging, the company is dedicated to bring safer, better
and sustainable packaging solutions.
54

55. • Their Green pet and rPET techniques ensure that the plastic is manufactured in an
environment friendly manner without compromising on the quality of the product and the
recycling and reprocessing of the plastic waste is done in a safe and non-hazardous
manner.
Legal environment:-
• Restriction and strict pollution norms set up in European and US markets.
• Strict implication of the EURO norms in developing countries e.g. Formation of
BHARAT norms in India.
Porter’s five forces model of competition
55

56. Chapter 2: Research Methodology
Statement of the Problem
Approaching half of India’s population is under the age of 25 compared with only around one
third in China where the one-child family planning policy is resulting in an increasingly ageing
population. India’s much larger youthful population is increasingly receptive to buying and
consuming pre-packaged products. Also, India’s fast growing and increasingly sophisticated
middle class is driving demand for an ever growing range of higher value processed food
products which utilize flexible packaging. Currently barely 5% of food in India reaches the
consumer in pre-packaged form. As a result of poor distribution infrastructure nearly 40% of
fresh food in India is estimated to perish before reaching the consumer, resulting in lost income
for small farmers and higher prices for consumers. This presents huge opportunities for rapid
flexible packaging growth. The growth is projected to continue because flexible packaging,
56

57. particularly pouch packaging, uses less energy and materials and has lower transport costs,
environmental impact and carbon footprint than its rigid counterparts. These current trends
concerning flexible packaging and rapid growth are anticipated to continue and increase over the
next 10 years to 2023. High growth is expected in Europe and North America, as well as in the
emerging markets of Asia and Central and South America.
Objectives & Scope of Study
 To determine the Profitability, Liquidity, Leverage, Payout, Coverage, Component
Ratios.
 To know the present status of the suppliers in terms of their supplied material & services.
 To offer appropriate suggestions for the better performance of the organization.
 To analyze the capital structure of the company with help of Leverage ratio.
 To study the present financial system at Uflex Ltd.
 To enhanced the communication & co-operation between the internal suppliers and their
customers.
The study helped in managing the finances for profit society. The findings can be generalized
from regional level. The product offerings of different companies to create awareness and to
increase market share were studied. The awareness of endowment policies in particular was also
studied. This provided scope for understanding the consumer preferences and retaining present
customers while adding new ones. The study helped to understand the customer expectations, the
potential customers’ requirement and customers’ problems and has helped to keep customers
highly satisfied.
Managerial usefulness of study
57

58. The study gives the information regarding the market competition, innovative products offered
by competitors, present demand of the products in the market etc.
The main usefulness of the study on the managerial level is:
 Market survey will help to know the prevailing market condition and also help in framing
the policies accordingly.
 The study will help the management to understand the customer mindset and also
estimating the present and future market demand for the products.
 It will help to estimate the level of awareness established in the market and in deciding
the extent of promotion required.
 It will help in finding out the customers’ expectations about the product and also help to
know the customer physiology.
Type of Research and research Design
A research design is the “blue print” of the study. The design of a study defines the study type
(descriptive, correlational, semi-experimental experimental, review, meta-analytic) and sub-type
(e.g., descriptive-longitudinal case study), research question, hypotheses, independent and
dependent variables, experimental design, and, if applicable, data collection methods and a
statistical analysis plan. Research design is the framework that has been created to seek answer
to research questions. Research design is the first and foremost step in methodology adopted and
undertaking research study. It is overall plan for the collection and analysis of data in the
research project. Thus it is an organized, systematic approach to be the formulation,
implementation and control of research project. In this project we used descriptive research with
the instrument of questionnaire. Descriptive research is used to find out the perception of
customer. There are various elements used in descriptive research. Which are following as
under:-
• Quality and price
• Demand and supply
• Purchasing power
• Branding
58

59. • Advertising
• Satisfaction level
• After sales service
Uflex Holography Division has an in-house R&D facility and fully trained manpower that
delivers unmatched quality. We are equipped with State-of-the-Art Manufacturing Facilities and
enjoy technology tie-ups with world leaders. This provides us an access to leading innovations in
the industry. We ensure that latest technology is at our disposal and the most efficient processes
are in place at all times.
Data Collection Method
Data collection is the process of gathering and measuring information on variable of interest, in
an established systematic fashion that enables one to answer stated research questions, test
hypotheses, and evaluate outcomes. The data collection components of research is common to all
field of study including physical and social sciences, humanities, business, etc.
Registration: registers and licenses are particularly valuable for complete enumeration, but are
limited to variables that change slowly, such as numbers of fishing vessels and their
characteristics.
Questionnaires: forms which are completed and returned by respondents. An inexpensive
method that is useful where literacy rates are high and respondents are co-operative.
Interviews: forms which are completed through an interview with the respondent. More
expensive than questionnaires, but they are better for more complex questions, low literacy or
less co-operation.
59

60. Direct observations: making direct measurements is the most accurate method for many
variables, such as catch, but is often expensive. Many methods, such as observer programs, are
limited to industrial fisheries.
Reporting: the main alternative to making direct measurements is to require fishers and others
to report their activities. Reporting requires literacy and co-operation, but can be backed up by a
legal requirement and direct measurements.
Limitations of Study
The process used to collect information and data for the purpose of making business decisions.
The methodology may include publication research, interview, surveys and other research
techniques, and could include both present and historical information.
Financial year of Uflex Ltd with competitors
60

61. Chapter 3: Conceptual Discussion
Review of Literature
61

62. Current Issues
Packaging firm Uflex, which supplies packing material to Nestle's Maggi, on Tuesday said its
revenue would be not be affected by the recent ban on the instant noodles brand. The company in
a statement said that its packaging portfolio is evenly spread out among several top notch brands
and the Maggi as part of its portfolio does not add significantly to its bottom line. "In the wake of
recent developments surrounding Maggi noodles, we would like to clarify that the recent
incidents pertaining to Maggi does not affect the bottomline of Uflex in any way," the company
said. It further said that its revenue growth will continue at its pace due to its diverse reach in the
local as well as global market. "The recent banning of Maggi noodles will have no negative
impact on Uflex's turnover as the company is on a higher growth trajectory both in India and
overseas market," it added. On June 5, the Food Safety and Standards Authority of India
62

63. (FSSAI) banned Maggi noodles directing Nestle to immediately withdraw and recall all nine
variants of the instant noodles from market due to presence of lead and taste enhancer
monosodium glutamate (MSG) beyond permissible limits. Nestle India has also recalled the
product from the market and is in the process of destroying Maggi noodles worth Rs 320 crore
after the ban. However, Uflex also said that it considers "Nestle as its premier customer and
considers its association as most valued" and is sure it "will be able to resolve the present crisis
to the satisfaction of all stakeholders and revive Maggi brand in no time".
Apart from India Uflex has manufacturing base in Mexico, Dubai, Egypt, Poland and USA and
caters to global markets spanning USA, Canada, South America, UK, Europe, Russia, CIS
countries, South Africa and other
African countries, the Middle East and the South Asian Countries
History and Development of Company and Industry
Founded in 1983, as Flex Industries by the Flex Group to manufacture multilayer laminated rolls
of plastics, paper, cloth or metal foils that are used separately or in combination for various
packaging application, Uflex is India’s largest flexible packaging major with large
manufacturing capacities of plastic film and packaging products providing end-to-end solutions
to client across more than 140 countries. Uflex has vast capacities for production of Polyester
Chips, Biaxially Oriented Polyethylene Teraphthalate (BOPET) and Biaxially Oriented Poly
Propylene (BOPP), Cast Polypropylene (CPP) films, Printing & Coating Inks, adhesives,
63

64. facilities for Holography, Metallization & PVDC coating, Gravure Printing Cylinder, Gravure
Printing, Lamination and Pouch formation. Uflex today has state of the art packaging facilities in
India with installed capacity of 99,000 TPA. After having established a leadership position in
India, Uflex set up its first overseas operation in 2005 at Dubai, UAE. This was followed by
expansion there and new facilities at Mexico, Egypt and Poland that were commissioned in 2009,
2010 and 2012 respectively. Today Uflex has 18 state-of-the-art film lines located in 6 countries
that run 24x7. The cumulative installed film manufacturing capacity in excess of 337,000 TPA.
Flexible Packaging
Uncertainties, volatility and major bank failures dominated global economic scenario during
2008-2009, resulting in steep fall in global real GDP and affecting sustained growth of emerging
market economies. Albeit strong financial sector and resilience of the economy, the global
slowdown affected Indian external sector specifically exports and impacted industrial slow down
due to reduction in consumption demand. Indian economy is estimated to slow down with a GDP
growth of 6.5% to 6.7% during 2008-09 as against 9.0% in 2007-08 while the projected GDP
growth for 2009-10 stood at 6.0%. India’s strong domestic consumption and investment drivers
will continue to support healthy rates of growth over the medium term. India has weathered the
global storm with a high degree of resilience and we expect the Indian economy to return to a
robust growth path ahead of other economies that are experiencing recessionary conditions.
Flexible packaging and printing is the fastest growing segment of the packaging industry
worldwide. The growth rate of flexible packaging in global market, more particularly in
developed markets such as USA and Europe has been around 5-6% per annum, which is
expected to grow at least at the same rate in future.
Packaging, as distinct from mere “packing”, plays its most visible and catalytic role in a modern
economy with widespread adoption of branding of products and development of consumer
preferences. Packaging consumer products safely, conveniently, attractively and in environment
friendly packaging improves brand value which in turn increases market share. In the aggregate,
packaging as sectorial activity boosts consumption and economic growth. Increased competition
in all product sectors within the country as also the need to look for export markets have
contributed to the rising demand for appropriate and cost-effective, packaging material and
technologies. Growth of the packaging industry has led to greater specialization and
sophistication in addressing host of environmental issues. The need for addressing environmental
issues is more in food and pharma industry.
The World Packaging Organization’s (WPO) slogan, “Better Quality of life Through Better
Packaging”, sumps up the important place that packaging occupies in a modern economy. To
ensure that public appreciation of this role and the policy-makers’ support to the industry are not
diluted, attention should be paid to basic issues like collection, segregation and reuse of synthetic
packaging material and observation of regulatory requirements. Indian packaging industry,
presently at about USD 14 billion is growing at 14%-15% on annual basis. Growth is expected to
64

65. double in next couple of years. It is estimated that more than 80% of the total packaging in India
constitutes rigid packaging, which is the oldest and the most conventional form of packaging.
The remaining 20% comprises flexible packaging. Rigid packaging constitutes glass bottles,
metal cans, aerosol cans, battery cell cans, aluminum collapsible tubes injection mounded plastic
containers made of PVC, PET, HOPE barrels, paperboards, and corrugated boxes. However,
with the expanding middle class and rising income levels, the patterns of consumption are bound
to change substantially and the demand for quality and convenience-based products will
increase. Concurrently, the increased interaction with the developed world will considerably
influence the aesthetic and quality norms of the Indian consumer and leads to better consumption
standards. This is expected to stimulate greater consumption of branded products and thus
increase the use of flexible packaging. Flexible packaging contains multi-layered laminated
sheets of single or a combination of substrates such as plastic, paper and aluminum. Flexible
packaging finds preferred use because of its ability to provide strength, moisture resistance,
aroma retention, gloss, grease resistance, heat retention, printability and low dour. Flexible
packaging has gained vast acceptability because of the protection it offers to the product against
environmental threats like moisture, heat, and chemical reaction. Convenience in handling the
product and the cost benefits are added advantages.
Packaging Raw Materials – Poly Condensation (PET Chips)
PET chips are mainly classified as polyester chips of film grade, yarn grade and bottle grade.
These chips are used as raw material for manufacturing of polyester films, polyester yarn and
PET bottles. The market for fi lm grade chips in India has grown beyond expectation. However,
installation and commissioning of number of production facilities by new entrants as well as end
users themselves, has led to disbalancing of supply demand ratio and has resulted in steep drop
in price and margins. The yarn grade chips market in India is going through a dull and difficult
phase. Though, there has been demand for yarn grade chips, the falling price and margins and
competition from countries like China and Indonesia have made it quite unprofitable. The market
for bottle chips in India is very competitive with exceptionally low margins. The Company has
therefore, strategically decided tomainly concentrate on production of fi lm grade polyester
chips.
Packaging Raw Materials – Inks & Adhesives
Printing ink, colour material in form of a fluid or paste which is used for printing on a substrate
and then dried. Depending on the process and end use, inks are classified into letterpress,
lithographic, flexographic, rotogravure, and others. Although most of the raw materials used in
ink manufacture are available in India, a large percentage is imported due to vast demand. The
growth of the printing ink sector had been very fast. Adequate quality control through research
and development can help the industry in meeting future requirements. For increased qualitative
and quantitative production, absorption of imported technology and its upgradation is essential.
Manufacturers shall follow standard tests and procedures for proper quality inks. The use of
65

66. enviro-friendly inks reduces and controls pollution to a great extent. Research efforts in India, on
this aspect, have just been initiated.
Printing inks are formulated from three basic components: a colorant, a vehicle system to carry
the colorant, and additives such as waxes and driers. Colorants may be dyes, but are typically
pigment-based. They may be in powder form (dry toner), in a concentrated paste dispersion
known as a flush, or in a liquid dispersion. Additives can include waxes, driers and other
materials that add specific characteristics to an ink or the dried ink fi lm. Together, these
ingredients produce the key properties of printing ink: visual properties, runnability properties
and end-use performance properties. Printing Ink industry has witnessed an encouraging growth
in domestic market during the year under review, but having pressure on the margins in view of
the increase in input costs and rising other costs. The growth of the printing ink sector including
that of rotogravure and flexographic inks has been very fast. Many new and innovative products
are being introduced on a regular basis to meet the specific requirements of customers and other
factors such as environmental concerns.
Adhesives have a variety of applications in the packaging industry for a broad range of
materials. Different applications require different adhesive systems. Globally, solvent less
adhesives are the fastest growing adhesive technology in fi lm laminating. The application
process involves metering a curable adhesive onto a multiple application roll configuration that
applies the adhesive to primary substrate, which is then mated to a secondary substrate via a
heated nip. Your Company has confined itself to the production and marketing of flexographic
inks primarily used by flexible packaging industry. With increase in demand of flexible
packaging material, due to shift in customer preference and opening up of organized retail, the
demand for flexographic inks is increasing. Further, the Company has indigenously produced the
new generation cost effective polyether base solvent less adhesive system for flexipack, new ink
system for PVC profile and special coating for producing matt effect in laminates. These
products are now well established in the market against competitions.
Packaging Machinery
The Indian capital Industry has played a key role in achieving the industrial growth rate. The
capital goods sector has been on the upswing since 2002, due to investment in infrastructure, oil
and gas sector steel plant, automobile industries etc. The demand for capital goods is going to be
large in the coming years and the industry needs to invest more in order to meet the demand.
New Development of Company and Industry
66

67. Uflex has presence in all major segments of the value chains that allows the company to present
itself as ‘one stop shop’ for customer’s packaging needs. The distinct feature and key growth
drivers for Uflex are vertical integration providing complete flexible packaging solution, world
class manufacturing facilities at strategic location globally with reliable quality, new product
development and assured timely delivery. Uflex is setting up one BOPET film line (30,000 TPA)
at Poland to cater large markets of Central and Eastern Europe and one BOPET film line (30,000
TPA) at Kentucky (USA) to cater American markets. It has also been adding up capacity for
flexible packaging materials and its intermediary products in Jammu, India. These investments
are intended to cope with the growing demand of flexible packaging materials in national and
international market.
67

68. Over the last couple of years, Uflex has developed several innovative products such as Green
PET films, Antimony free Pet film, rPet films, direct embossable PET films and special heat-
sealable PET films amongst others. Some of the other recent innovations in the packaging
products segment includes, slider zipper with diaphragm, 3D Bags, WPP Bags, Eco-friendly
flexi tube for cosmetic & paste, spot hologram products and non-plastic laminates for mouth
freshener industry. Uflex has been awarded Flexible Packaging Award, AIMCAL award and
Plastindia foundation Silver award for one of its newly developed product -Land of Sybaris stand
68

69. up bag. Moreover, it has also been awarded AIMCAL award for its innovative stand up pouch
which is developed for Cadbury India for its product Eclairs.
Chapter 4: Data Analysis
Methods and techniques of data analysis
Q1.Is this company….?
Interpretation:-
In the above graph we found that type of industry in flexible packaging. 83% are the
manufacture, 13% are trader and remaining 6% are the distributor industry. This is working for
the flexible packaging company.
69
Particular Respondent
Manufactured 83
Trader 13
Distributor 6
83
13
6
0
10
20
30
40
50
60
70
80
90
Manufacture Trader Distributor
No. fo Respondent

70. Q2. Contact person
Particular Respondent
General Manager/CEO 7
Sales Representative 36
Technical Manager 33
Quality Manager 25
7
36
33
25
0
5
10
15
20
25
30
35
40
General
Manager/CEO
Sales
representative
Technical manager Quality manager
No. of Respondent
Interpretation:-
In the above question we have surveyed people who are working in different position in the
organization. 7% are general manager/CEO, 36% are the sales representative, 33% are technical
manager, and 25% are the quality manager.
70

71. Q3. Which type of packaging do you like to purchase mostly
Particular Respondent
Paper packaging 41
Plastic packaging 46
Steel cans packaging 18
Metal packaging 5
41
46
18
5
0
5
10
15
20
25
30
35
40
45
50
Paper packaging Plastic packaging Steel Cans
packaging
Metal packaging
No. of Respondent
Interpretation:-
In the above graph we find out which type of packaging company purchase. 41% company
purchase the order of paper packaging, 46% company purchase the order of plastic packaging,
18% company prefer steel cans packaging, and remaining 5% company prefer metal packaging.
Q4. Do you prefer the purchase on which basis?
71

72. Particulars Respondent
Advertising 17
Packing 30
Price 26
Quality 26
17
30
26 26
0
5
10
15
20
25
30
35
Advertising Packing Price Quality
No. of Respondent
Interpretation:-
In the above graph we survey the question of company purchase the material on which basis.
Where the result is 17% are based on advertisement, 30% are based on packing, 26% are based
on price and Quality.
Q5. From where do you purchase packaging material?
Particulars Respondent
72

73. India 65
Singapore 10
USA 8
U.A.E 12
65
10
8
12
0
10
20
30
40
50
60
70
India Singapore USA U.A.E
No. of Respondent
Interpretation:-
In the above question we have observe that 65% of the company of packaging purchase their
material from India (Delhi, Mumbai, Noida, etc.), 10% from Singapore, 8% from USA, and 12%
from U.A.E purchasing their materials.
Q6. How do you know “Uflex laminators”?
Particular Respondent
Advertisement 27
73

74. References 29
Past purchase 9
Sales persons visit 16
Other specify 7
27
29
9
16
7
0
5
10
15
20
25
30
35
Adertisement References Past purchase Sales person
visit
Other specify
No. of Respondent
Interpretation:-
In this question we have the survey about the how the other company should know about the
Uflex. Where the result is shown that 27% know through advertisement, 29% are references, 9%
are past purchase experience, 16% are sales person visit, 7% are other.
Q7. Have you heard the name of the “Uflex”?
Particular Respondent
Yes 74
No 26
74

75. 74
26
0
10
20
30
40
50
60
70
80
Yes No
No. of Respondent
Interpretation:-
In this question we have observed the awareness to know about the name of Uflex ltd. Where
graphically result shows that 74% people are known about the Uflex and 26% people are not
know about the name of Uflex ltd.
Q8. Which type of advertisement you do to attract more?
Particular Respondent
Internet 46
TV 25
75

76. Bill boards 12
Newspaper 21
46
25
12
21
0
5
10
15
20
25
30
35
40
45
50
Internet TV Bill boards Newspaper
No. of Respondent
Interpretation:-
In the above graph represent the result of which kind of advertisement attract mostly. Where the
result is 46% say internet, 25% say TV, 12% says bill boards, 21% newspaper this are the result
in this survey which suggest to improve the work more on advertisement which leads the growth
of company.
Q9. Is there any substitute of packaging company in Gujarat?
Particular Respondent
Yes 68
No 26
76

77. 68
26
0
10
20
30
40
50
60
70
80
Yes No
No. of Respondent
Interpretation:-
In the above graph represent the result of no. of substitute of packaging company in Gujarat.
Where the result is 68% say YES and 26% say No. from the result we can say that there are
many company is in flexible packaging.
Q10. Quality of product packaging and labeling
Particular Respondent
Poor 3
Fair 26
Average 22
77

78. Good 44
Excellent 5
3
26
22
44
5
0
5
10
15
20
25
30
35
40
45
50
Poor Fair Average Good Excellent
No. of Respondent
Interpretation:-
In the above graph represent the quality of packaging and labeling. Where the result is 3% is
poor, 26% is fair, 22% is average, 44% is good, and 5% is excellent quality of packaging. So
from the above analysis we conclude that mostly respondent are provide quality and labeling.
Primary Data Analysis
78

79. Primary research Center based out of Noida is recognized by The Department of Science and
Technology, Govt. of India.
Engineering Business at Uflex has a well-established R&D unit offering unmatched capabilities
towards complete printing and packaging solutions to a wide range of products. The team
consists of mechanical & electrical engineers, seasoned designers and data analysts. With these
strengths, highly focused R& D team work in perfect synergy with production & quality team,
sales & marketing and service team besides regular consulting professionals & experts from the
fields. Our Design department is equipped with 30 work stations where high end 3D CAD
software by Siemens and Dassault Systems are used.
Data which are collected fresh and for the first time and thus happens to be original in character.
Primary data are gathered for specific purpose. Primary research consists of a collection of
original primary data collected by the researcher. It can be accomplished through various
methods, including questionnaires and telephone interview in market research, or experiments
and direct observations in the physical sciences, amongst others.
Our production facilities are Centre’s of excellence where passion and innovative interest
combine into creating a technologically superior machine. Owing to the advanced manufacturing
technology integrated with our fully developed infrastructure, we are capable of offering our
79

80. clients extensive wide range of machines. We stock components with rationalization based on
life cycle study and failure mode analysis ensuring availability in time.
Our operational excellence stems from our shared value of responding to customers’ specific
requirements in the shortest lead time and at the most competitive price coordinates. The path to
being world-class player is paved by our State-of-the-art facilities blended with best people,
processes and practices.
Primary data could be collected in three different ways, which is interview by visit, interview by
phone or by questionnaires. Every method has its advantages and disadvantages. In this thesis,
focus has been on telephone interviews.
Secondary Data Analysis
State-of-the-art machines under State-of-the-art technology achieved with the support of
Secondary research and in house manufacturing facilities put us in an altogether different league
as manufacturers with the sharp edged technology by our side. Data that collected from primary
data i.e., they are already exiting somewhere. For the purpose of our study we collected both the
data.
For the purpose of this study we collected:
Secondary data through induction manual, Magazines, Corporate journals and Web site
Primary Data through
A) Questionnaire Method.
B) Interview Method.
80

81. Working Capital
Profit & Loss account
81

82. The Balance Sheet Page of Uflex Ltd. presents the key ratios, its comparison with the sector
peers and 5 years of Balance Sheet.
82

83. Balance Sheet
83

84. 84

85. Calculation of some ratios on the basis of P&L and Balance sheet of Uflex Ltd
85

86. 86

87. 87

88. Chapter 5: Findings and Recommendations
Findings
1. They arrange meeting of management person and discuss the problems with each other.
It’s good thing for the company and makes strong company’s management.
2. In the UFlex we have visited we saw that all the people are doing their work is given to
them the work is going on systematic only.
3. At the time of survey we find that there are many competitors who are having the good
technology to produce packaging.
4. Competitors are having very skilled people in the company.
5. Uflex ltd having the lack of contract with the domestic company nearby Gujarat.
6. More than 20 companies are connected with the Uflex. And from that 5 companies are
within the Gujarat and other are situated out of Gujarat and abroad.
7. Quality is the most important parameter for the Uflex ltd. And company is trying to work
more to innovation in flexible packaging.
8. Company has maintained a good relationship with their supplier and customer. This leads
to growth of the company.
Recommendation
Today, Uflex has 18 state-of-the-art film lines located in 6 countries that run 24x7. Uflex’s
strong manufacturing base in India, Mexico, Dubai, Egypt, Poland and US caters to global
markets spanning US, Canada, South America, UK, Europe, Russia, CIS countries, South Africa
and other African countries, the middle east and the South Asian countries.
88

89. The demand for flexible packaging is mainly derived from the demand of the user industries like
processed food, personal products, beverages, lubricants, pesticides and pharmaceuticals etc.
Approximately 80% of Uflex’s production is consumed by Food & FMCG industry, which gives
strong business visibility.
At the CMP of Rs158, the share is trading at a P/E of 3.7x on FY16E & 3.5x on FY17E. We
maintain BUY with an increased target price of rs229 at which, the share will trade at a P/E of
5.0x on FY17E.
Chapter 6: Conclusions and Suggestions
89

90. Conclusions
At last, we finally consider that this practical experience at Noida Uflex laminator of flexible
packaging company was a great experience in this project; we had learned the practical aspects
of marketing management this practical report will be helpful to us in future.
“Uflex ltd” is one of the largest manufactures of flexible packaging by care full analysis of this
report it is found that this company is developing at a very fast rage and will become the largest
manufactures in their product.
Uflex started as small organization with limited capital. The company has becomes large-scale
organization with multi furious quality. It has got a reputation among its customers.
The management of the organization is very keen in introducing sophisticated technology to
upgrade the quality. It has made a proper plan for future development. For conducting the project
work the authorities of the company has given its full support and better co-operation. It helps to
conduct the study in an easy way and to reveal its performance.
Suggestions
1. In the survey there are many respondents who refuse to co-operate and give the dishonest
answer. This leads problem.
2. UFlex try to improve their technology to stay in competitive market of flexible
packaging.
3. Company has lack of to focus advertisement. Company did not try to advertise in TV.
Company has only website, print media or online media for promoting their business.
4. Company has to use of metal packaging due to lifestyle changes and demand for plastic
remaining constant.
5. There are diverse packaging systems for different kinds of products. The manufacturers
adopt them in order to satisfy the requirements and in accordance to the taste of the
consumers.
6. Discover the latest market trends and uncover sources of future market growth for the
Packaging industry with research team.
90

91. 7. Energy conservation.
8. Reduction in Carbon Based Resources.
9. Waste minimization.
10. Recycling.
ANNEXURE:-
Questionnaire
Dear respondent,
91

92. I am the student of Bharati Vidyapeeth Deemed University, New
Delhi pursuing BBA as a part of our curriculum we have to submit a summer
project for which we have selected the topic “Working capital”
 Part-1 GENERAL
1. Company name:-………………………………………………………….......
2. Address (head office):-…………………………………..................................
3. Is the company…….
a) Manufacture [ ]
b) Trader [ ]
c) Distributor [ ]
4. Contact person:-
POST NAME PHONE EMAIL
General
manager/CEO
Sales representative
Technical manager
Quality manager
 Part-2 INDIVIDUAL
5. Which type of packaging do you like to purchase mostly
a) Paper packaging [ ]
b) Plastic packaging [ ]
92

93. c) Steel cans packaging [ ]
d) Metal packaging [ ]
6. Do you prefer the purchase on which basis?
a) Advertising [ ]
b) Packing [ ]
c) Price [ ]
d) Quality [ ]
7. From where do you purchase packaging material?
a) India [ ]
b) Singapore [ ]
c) USA [ ]
d) U.A.E [ ]
8. How do you know “Uflex laminator”?
a) Advertisement [ ]
b) References [ ]
c) Past purchase [ ]
d) Sales person visit [ ]
e) Other specify [ ]
9. Have you heard the name of “Uflex”?
93

94. a) Yes [ ]
b) No [ ]
10.Which type of advertisement you do to attract more?
a) Internet [ ]
b) TV [ ]
c) Bill boards [ ]
d) Newspaper [ ]
11.Is there any substitute of packaging company in Gujarat?
a) Yes [ ]
b) NO [ ]
12.Quality of product packaging and labeling
a) Poor [ ]
b) Fair [ ]
c) Average [ ]
d) Good [ ]
e) Excellent [ ]
94

95. Bibliography
www.uflex.com
http://economictimes.indiatimes.com/uflex-ltd/infocompanyhistory/companyid-13781.cms
http://www.flexindustriesltd.com/profile/profile.htm
http://www.moneycontrol.com/financials/uflex/balance-sheet/U01#U01
95

96. http://profit.ndtv.com/stock/uflex-ltd_uflex/reports
http://www.mbaskool.com/brandguide/industrial-products-and-chemicals/8239-uflex-ltd-flex-
industries.html
http://www.uflexltd.com/blog/?tag=sustainable-packaging
http://capitalmind.in/2010/12/uflex-dives-20-promoter-gets-4-years/
Books
Uflex limited (Twenty sixth annual reports 2014-2015) by Uflex
We also use the book let. Uflex ltd.
96