Tag: Interview

Thimmiah Napanda, Managing Director & CEO, Alternicq, highlighted that the sharp rise in crude prices and resin costs has triggered a structural shift in the packaging industry from cost-led sourcing to supply-assured procurement. He emphasised that long-term supplier relationships, inventory buffers and collaborative customer partnerships are becoming critical to ensuring continuity in a volatile environment. Alternicq has prioritised supply security and transparent cost pass-throughs while leveraging its scale and strategic supplier network. Napanda also sees the disruption accelerating industry consolidation and driving greater adoption of circular packaging solutions through initiatives such as Project Earth.

‘Packaging industry faces resin price surge,’ Thimmaiah Napanda

Thimmiah Napanda, Managing Director & CEO, Alternicq, shared that the transformation from Manjushree Technopack to Alternicq represents much more than a change in identity—it reflects the company’s ambition to drive innovation at scale. He emphasized that Alternicq’s competitive advantage is built on four pillars: scale, operational excellence, solution capabilities and a one-stop packaging approach. With a strong manufacturing footprint and customer proximity, the company is positioning itself as an innovation-led partner for FMCG, food and pharma sectors. Napanda believes that differentiated thinking and continuous innovation will define the next phase of growth for the Indian packaging industry.

Manjushree Technopack rebrands as Alternicq