SIG, a packaging solutions supplier, has experienced rapid expansion and aspires to rank among India's most rapidly expanding aseptic packaging businesses. The company also has aspirations to grow its presence in India through collaborations with the majority of the country's top juice, dairy and beverage producers and through additional production facilities.
SIG started conducting business in India in 2017. By the end of 2023, the company will have greatly expanded its activities, with over 40 SIG filling lines for aseptic carton packs serving its customers in India.
Samuel Sigrist travelled to India from April 3 to April 5 along with SIG officials to officially inaugurate SIG's second production facility in Palghar, which produces the bag-in-box and spouted pouch packaging that was formerly sold under the Scholle IPN and Bossar brands. His tour was also intended to strengthen his relationships with customers, key partners and industry leaders.
When SIG India established its regional headquarters in Gurgaon in November 2017, it began its aseptic carton adventure with two illustrious clients: ITC and Coca-Cola India.Its unique value proposition, which offers customers cutting-edge, aseptic packaging solutions, can be credited with its expansion in the market. As a result, key beverage producers like Amul, Parle Agro, Coca-Cola, ITC, Milky Mist, PepsiCo, KMF, Dabur, Haldiram and Creamline Dairy are now linked with SIG. Today, SIG is seeking to further accelerate its growth trajectory in India. With a solid foundation of installed filling machines across the nation and a fully functional, experienced local workforce, SIG is eager to do so.
Vandana Tandan, head of markets for India and Bangladesh Stated “It is impressive to see SIG’s operations in India expand rapidly, even amidst market fluctuations and challenges. The company has demonstrated remarkable potential and I am confident that this success can be attributed to its focus on sustainability and integrated production capacities. With these strengths at its core, SIG is poised to remain at the forefront of the industry.”
The 'Make in India' campaign, which aims to promote domestic production, is consistent with SIG's expansion goals in the current climate. In light of this, the business recently declared that Ahmedabad, Gujarat, will be the site of its first aseptic carton production. Between 2023 and 2025, it will make up to €60 million in investments. The goal is to increase output to 4 billion packs annually. Buildings will be financed by a long-term lease with an NPV of roughly €30 million, and significant further capacity investments can be made over time.