India Inc seeks relief from soaring packaging material costs.

Thimmiah Napanda, Managing Director & CEO, Alternicq, highlighted that the packaging industry is facing tighter supply conditions, longer lead times and increased allocation-driven sourcing amid volatility in crude-linked raw materials. He noted that smaller players are disproportionately impacted due to limited working capital and weaker supplier relationships. As supply chains remain under stress, resilience and continuity are becoming key priorities across the value chain. Napanda added that if these conditions persist, part of the cost pressures could gradually be reflected in end-market pricing.

India Inc flags surge in cost of packaging raw material, seeks relief measures