The Indian packaging industry, currently pegged at USD 25 billion, is growing at a rate of 15 percent per annum and is set to touch USD 30 billion to 35 billion mark by 2020. Keeping in mind the growth of this key industry and India’s potential to boost exports, the Government is forming an expert committee to study packaging standards required to be met in a highly competitive global market. The panel would comprise members from the industry and exporters who would sit together and review packaging quality. The consumers cannot make out what quality standards have been set by manufacturers but under the domestic laws it has become mandatory to indicate such grades on products when they are being packaged for sale in the market. Currently some packaging material is imported by India. Time has come when such packaging material should be made in India which is trying to make its mark in the international market.

(Money Control)