Category: Press Release

Thimmiah Napanda, Managing Director & CEO, Alternicq, highlighted that the packaging industry is witnessing tighter supply conditions, longer lead times and more allocation-driven material availability amid ongoing volatility. He noted that smaller players are facing disproportionate challenges due to limited working capital and weaker supplier relationships. While larger, integrated players are better positioned to manage disruptions, prolonged cost pressures could gradually flow through to end-market pricing. Napanda emphasized that supply continuity and financial resilience are becoming increasingly important across the packaging value chain.

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

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

Thimmiah Napanda, Managing Director & CEO, Alternicq, welcomed the government’s mandate for 40% recycled content in food-grade packaging, describing it as a key step towards closing the loop on packaging and reducing waste leakage into landfills and oceans. He emphasized that scaling recycled content while maintaining quality, safety and performance requires significant R&D, innovation and advanced manufacturing capabilities. As a leader in rigid plastic packaging, which is inherently 100% recyclable, Alternicq sees the regulation as a strong catalyst for accelerating circularity and sustainable packaging adoption across the industry.

Centre mandates 40% recycled PET in food packaging to accelerate its adoption

Thimmiah Napanda, Managing Director & CEO, Alternicq, highlighted that the West Asia conflict has created significant disruptions across fuel, freight and raw material supply chains, prompting the packaging industry to move from cost optimisation to supply assurance. He noted that procurement cycles have lengthened, inventories have increased and long-term supplier relationships have become critical for ensuring continuity. With smaller players facing heightened working capital pressures, Napanda believes the environment is accelerating consolidation in the industry. In this new landscape, scale, resilience and strategic partnerships are emerging as the key competitive differentiators.

How India Inc is tackling fuel, freight and trade disruptions amid West Asia war

Thimmiah Napanda, Managing Director & CEO, Alternicq, highlighted that the current disruption extends beyond rising resin prices to availability challenges caused by supply tightening and inventory build-up across the industry. He noted that businesses are prioritising supply continuity over cost, with procurement cycles nearly doubling as companies build buffers for peak demand. “Not having inventory could mean losing much larger revenue,” he observed, underscoring the shift from margin optimisation to supply security. Napanda believes that companies with strong supplier relationships and scale are better positioned to navigate the volatility, while smaller players face disproportionate challenges.

Plastic packagers face crunch as crude spike, hoarding bite (Print)

Thimmiah Napanda, Managing Director & CEO, Alternicq, highlighted that the sharp rise in crude prices and supply disruptions have created a dual challenge of inflation and material availability across the packaging industry. As companies prioritize continuity over cost, procurement cycles have lengthened and inventory buffers have increased, making strong supplier relationships a key competitive advantage. Napanda emphasized that securing material has become more important than short-term margin optimization, with scale and resilience emerging as critical differentiators. He believes the current disruption is accelerating a structural shift toward larger, integrated players capable of ensuring supply continuity.

India faces plastic packaging crunch: Crude oil prices and hoarding create scarcity for F&B firms

Thimmiah Napanda, Managing Director & CEO, Alternicq, noted that crude prices above $100 per barrel are driving sharp increases in packaging material costs and fundamentally changing industry operating models. He highlighted that procurement strategies are shifting from cost efficiency to supply continuity, with companies building inventory buffers and strengthening supplier partnerships to mitigate disruptions. Napanda believes scale, resilience and long-term relationships are becoming critical competitive advantages, particularly as volatility places disproportionate pressure on smaller players. He expects the current environment to accelerate consolidation, favouring well-capitalised and integrated packaging companies.

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