hyderabad, nov 4 a twoday national summit on &lsquopackaging tomorrow&rsquo will be held here from november 6.the event, which is being organised by the indian institute of packaging iip, aims to provide an insight into the recent developments in the field of packaging of food, pharmaceutical and consumer products, iip director n c saha told reporters here today.&ldquogrowing competition and changing dynamics of presentation of product packs and packaging have even a greater and more contributory role to play.&ldquothe packaging industry has risen to the occasion to provide enhanced functionality, design, style and safety leading to development of newer functional materials, processes, machinery and systems. the summit is being organised in this background,&rsquo&rsquo saha explained.the meet will be inaugurated by telangana it minister k t rama rao.over 300 delegates, packaging experts and representatives from industries are expected to participate in the summit, he said.the global annual turnover of packaging industry is estimated at about 550 billion, wherein india&rsquos share is about 24.6 billion, saha said.he said the annual growth rate of this sector is about 15 per cent and it is expected that the annual turnover of indian packaging industry will touch 32 billion by 2025.iip is an apex body of packaging industries set up under the ministry of commerce. it will set up a new centre at guwahati.source httpwww.thehindubusinessline.comeconomypackagingsummitinhyderabadfromnov6ar…
