Friday, 18 December 2015
Uflex, the packaging business of India, is figured for its Corporate Social Responsibility exercises and starting late in news is the association's sponsorship of the Stairs School Football League (SSFL) Delhi – Season. The affiliation is sorted out to pursue leading footballers who require the right stage to showcase their capacity. SSFL outfits them with the opportunity to make to national and overall football classes. Uflex has vowed a 5 year support for SSFL.
SSFL – Delhi saw enthusiasm from more than 6,000 youths across more than 288 schools in the National Capital Region in its second season. It started with at the end of the day 60 grassroots spotting camps over the four zones in Delhi. 592 matches were battled in a period spreading more than 100 days with collaboration from 288 gatherings. In a beginning, 32 young women's gatherings also took an enthusiasm for SSFL Delhi – 2 squaring up the gender diversity. In this process, STAIRS has been able to shortlist over 350 promising footballers for professional training. Over 150 underprivileged children including 52 girls were spotted and trained by STAIRS through the widely spread grassroots camps across Delhi.
4 winning teams – one each from Under 14 Girls, Under 14 Boys, Under 17 Girls, Under 17 Boys lifted the majestic gold plated Champions Trophy while the runners-up received the grand Silver Trophy. Both trophies are the running trophies and will remain with the winning teams’ school until the beginning of the SSFL 2016. The ceremony also witnessed 20 talented players who received the Golden Boot and Ball trophy. Individual prizes were given to 4 Best Strikers, 4 Best Defenders, 4 Best Goalkeepers, 4 Best Midfielders and 4 most promising players, one each for boys and girls in their respective age categories.
Mr. Ashok Chaturvedi, Chairman & Managing Director, Uflex Limited in an official statement said that nothing bonds people better than sports bringing out all emotions to the fore. He is a firm believer that Sport is a medium that helps furthering the cause of national integration. It doesn’t get better than starting at early adolescence like SSFL does. The adrenaline rush on both sides builds up the real climax and then the best team wins. Winning or losing the game is not important, as long as true sportsmanship rules the roost. Uflex is in the business of flexible packaging and he exactly understands the merit of sports in packaging and shaping up the personalities of these budding sportspersons.
He was particularly elated to learn about the participation from girls. Today children are creating miracles on Indian soil. Tomorrow they will win laurels for our country across the globe. This is just the beginning. He congratulated all the participants of SSFL-Delhi, their family members and coaches for putting up a spectacular show over the last 100 days. He was glad with the partnership between Uflex and STAIRS for this meaningful endeavor and he is looking forward to more exciting and successful SSFL seasons in the years that follow.
Speaking at the closing ceremony, Mr. Siddhartha Upadhyay, Founder and Secretary General, STAIRS said that today when the whole world is converging as a global village, SSFL is looked up to as one of the most promising football talent scouting platforms by clubs and bodies seeking to acquire talent right at early adolescence. While many officials and individuals from professional bodies keep their eyes on the budding players during the matches, selectors from international foreign clubs watch ‘live streaming’ of important matches and even call for recorded videos to assess the performance of promising players. STAIR’s efforts are focused at fulfilling children’s universal right to play; create opportunities for them to showcase their sporting talent and also nourish and nurture the promising players. The ultimate aim is to provide India with a pool of players who will ensure that we win at international competitions and make the whole country proud. In the process of scouting and training, the change in children’s personality, the positivity in their lives and the happiness that STAIRS is spreading are clearly the by-products of the engagement. It is extremely heartening to see the second season of SSFL being a whopping success. He firmly believes that season 3 will bet yet better and bigger in all respects.
Thursday, 3 December 2015
Uflex ltd. is a globally acknowledged packaging entity providing flexible packaging solutions to various clients in India and various countries across the globe. With state-of-the-art packaging solutions, the company is emerging as one of the leading flexible packaging entities in the country. Uflex’s quality standards are acknowledged in the form of various awards and achievements like DuPont Silver Award 2015, India’s Top 500 Companies 2015 by D&B, The Association of International Metallizers, Coaters and Laminators (AIMCAL) Awards and Asia’s Most Promising Brand 2013-14 by World Consulting & Research Corporation in the year 1983. The company has established yet another benchmark of success this year. Uflex ltd. was awarded the ‘Lokmat Corporate Excellence Award’ in the Financial Capital and the Chairman & Managing Director of the company, Mr. Ashok Chaturvedi was conferred the Innovative Leadership in Quality Award. It is a great moment of pride for the company. In an official statement, said that he Mr. Ashok Chaturvedi that he is humbled by this conferral. The company strives to serve the best to its customers with major focus on Anti-counterfeiting measures, eco-friendly products, timely deliveries, efficient services, easy functionality, good aesthetics, great shelf life and increased barrier properties of the products.
The ‘Lokmat Corporate Excellence’ award highlighted Uflex’s exemplary corporate governance and sustained performance to augment shareholders’ value. It acknowledges company’s overall excellence and innovation quotient in the product offerings. Uflex ltd. enjoys a strong market presence in around 140 countries across the globe, where its products are sold at large scales. The company has been particularly awarded for its modern state-of-the-art technologies to attain standards of excellence in the areas of operations. This is the third edition of ‘Lokmat Corporate Excellence Award’ with an ever growing interest and overwhelming response from the multinational companies. Competing around 26 entities in the packaging category, Uflex ltd. emerged as the winner of ‘Corporate Excellence Award’
Monday, 23 November 2015
The world's pioneer in flexible packaging Uflex has as of late facilitated His Excellency Governor , Commonwealth of Virginia, amid his visit to India. Over the previous years, Uflex has risen as a pioneer crosswise over India, Dubai, Poland, Egypt, Mexico and Kentucky. The brand's standing was additionally felt in their excellent facilitating of His Excellency.
His Excellency was joined by different dignitaries who included Mr. Maurice A. Jones, Secretary of Commerce and Trade, Commonwealth of Virginia and Mr. Martin J. Briley, President and Chief Executive Officer, Virginia Economic Development Partnership.
His Excellency met all the leading organizations of packaging industry which are expanding globally as a part of his business mission to India. He visited the headquarters of Uflex, one of India’s largest flexible packaging entities. During the financial year 2014-15.54% of Uflex’s total revenue was generated from international operations and transactions. The company has expanded its areas of operation covering over 140 countries all over the world.
Interacting with the Leadership of Uflex, His Excellency, Governor of Virginia said that they were indeed very pleased to meet Uflex and were excited to see their capabilities in the realm of flexible packaging business globally. They invited and welcomed Uflex to set up business in Virginia and assured them of full cooperation and support from their side.
Soon after the meeting that lasted for over an hour, Mr. Ashok Chaturvedi, Chairman & Managing Director, Uflex Limited in an official statement said that they had a very fruitful discussion with H.E. Governor, Commonwealth of Virginia, Honorable Terry McAuliffe and his delegation. Uflex’s three pronged approach of fostering innovation to create differentiation; proximity to customers and the ability to offer entire gamut of end to end flexible packaging solutions globally augurs well with Virginia’s business prospects. They are excited to take this discussion to the next level. It was extremely heartening to see a close coordination for enhancing business ties between India and United States of America particularly when his country and Brand India is making great strides under the aegis of our Hon’ble Prime Minister, Shri NarendraModi.
Wednesday, 18 November 2015
Uflex ltd. is a main packaging development element internationally recognized for its quality norms of magnificence in the packaging industry.It is developing as the biggest completely coordinated adaptable packaging solution supplier covering an extensive variety of customers in different commercial enterprises over the globe. Uflex ltd. has built up benchmarks of accomplishment and development obliging the constantly expanding interest for flexible packaging arrangements everywhere throughout the world. It has expanded its area of operations providing innovative packaging solutions for all solids, semi solids, pastes, gels, viscous fluids, powders and granular materials. The proximity to customers and innovation for creating differentiation are the hallmarks of the company. The persistent research & development along with technological expertise has provided Uflex ltd. a great advantage over the competitors.
Uflex Ltd. has achieved 20% growth in the net profit for Q2 FY 2015-16. The net profit lhas increased from Rs. 65 crores last year to Rs. 78 crores this year. The company has recorded total revenue of Rs. 1535 crores for the quarter period ending on 30th September 2015. It was Rs. 1655 crores in the last financial year during the same period. There has been 19% growth in the net profit rate of the first half of the financial year 2015-16. It has increased from Rs. 129 crores to Rs. 154 crores this year. It is another benchmark of success and innovation in flexible packaging industry establish by Uflex Ltd. In the financial period from 1st April 2015 to 30th September 2015, Uflex ltd consolidated total revenue of Rs. 3140 crores which was Rs. 3201 crore during the same period in the financial year 2014-15.The company will complete its range of product offerings with the new Aseptic Packaging Plant for packing liquid products that will go operational in the first half of 2017 at Sanand – Gujarat.
Uflex is globally acknowledged packaging industry which is ISO 9001 and ISO 14001 certified and is approved by FDA and BGA. The company’s quality standards and excellence are acknowledged in the form of various awards and achievements like the top exporter of BOPET and BOPP films, the Worldstar award for packaging excellence, FPA, AIMCAL and the DUPONT in 2004-2005. It is pioneering the packaging industry with benchmarks in quality and customer satisfaction. . With unparalleled quality standards, durability quotient, great aesthetics, anti-counterfeiting features, maximum customer satisfaction and the ability to cater to different requirements of sizes and products, Uflex is emerging as one of the leading packaging entities.
The company has made its presence felt across the globe with escalating manufacturing facilities, established offices, areas of operation and expanding market in more than 85 countries. With its state-of-the-art technologies and innovative packaging solutions, Uflex is emerging as India’s largest flexible packaging company.
With the aim of expanding its areas of operation and providing innovative packaging solutions to different countries, Uflex ltd. is ready to set up its new venture in Aseptic Packaging industry at Sanand in Gujarat. With this project the company strives to provide innovative packaging solutions for liquid products. With various factors supporting the growth of aseptic packaging solutions, it is excelling and emerging as the new trend in the packaging industry. It offers various advantages over the conventional packaging methods like portability & light weight, preservation of nutrients, cost effectiveness, longer shelf life, sustainability, easy storage and handling. Uflex’s foray into the aseptic packaging industry has expanded its areas of operation and completed its range of product offerings.
Friday, 23 October 2015
The world pioneer of flexible packaging Uflex sorts out different projects and gathering which are gone for illuminating and spreading awareness among individuals about flexible packaging. As of late, Uflex held a confrence which discussed Make in India and how this activity is a basic to the achievement of advancement .
Chief Managing Director of Uflex Mr. Ashok Chaturvedi delivered the keynote address at the Speciality Films and Flexible Packaging Global Conference 2015 on the 16th of September 2015 at Mumbai.
The Speciality Films and Flexible Packaging Global Conference is organized annually by ElitePlus Business Services and is one of the world’s largest and most prestigious conferences on Flexible Packaging. This year’s edition drew over 800 participants from 340 organizations spanning 25 countries and was an unparalleled success.
Mr. Chaturvedi’s address was titled “The Innovation Journey – Make in India” and featured the importance of innovation in Packaging to ensure the success of the Make in India initiative. He also addressed the role of innovation in countering brand theft, counterfeiting and look-alike products.
His session was a very interactive and all the attending employees actively participated. Peopple pooled in their ideas and feedbacks on how ‘Made in India’ can be incorporated and be used in the industry of flexible packaging. The unanimous conclusion of the session upheld that this national initiative is going t o reap heavy benefits for the packaging industry.
The Conference also featured opening remarks by Mr. Pradeep Tyle and Mr. Amit Ray, who were also members of the Core Committee for the Conference. They appreciated the initiative of Uflex in organizing such conferences which get people of the packaging industry together. This helps all of them to learn, grow and implement fresher ideas.
The Plastics Export Promotion Council 2013-14 gave Uflex Ltd. with the Export Award in the Metalized Polyester Film classification on 25th September 2015. The occasion concurred with the jubilee celebration of PLEXCONCIL. The sending out crew in the Indian Plastics Industry is spoken to by The Plastics Export Promotion Council; supported by the Ministry of Commerce and Industry, Department of Commerce, and Government of India. Uflex Ltd. has built up quality measures in the packaging business giving the most productive adaptable packaging arrangements over the world at the best value facilitates. After winning the recompense, Mr. Ashok Chaturvedi, CMD, Uflex gathering highlighted the organization's dedication and genuine endeavors to serve the best to its clients regarding creative packaging arrangements and plastic films.
The Export Awards are settled on the premise of the export returns documented by the individuals from the Council. The main two exporters are chosen among those filing returns for a specific item class. Chartered Accountant certificates corroborating and supporting the declared figures finally help the Jury to decide about the winners. Uflex ltd. is widely known and trusted name is the packaging industry and is the largest fully integrated Indian flexible packaging solution provider to a range of clients across industries both in India and overseas. Its market is expanded to more than 140 countries in the world.
Uflex ltd. has achieved considerable success with its state-of-the-art technologies and established benchmarks since its inception. Its excellence and durability quotient is acknowledged in the form of various awards and achievements like DuPont Silver Award 2015, India’s Top 500 Companies 2015 by D&B, The Association of International Metallizers, Coaters and Laminators (AIMCAL) Awards and Asia’s Most Promising Brand 2013-14 by World Consulting & Research Corporation in the year 1983.
Thursday, 15 October 2015
The flexible packaging business sector giant Uflex is developing and differentiating which runs as an inseparable unit with the general development of the packaging industry. Uflex is a packaging brand which has first rate brands as its customer base. The organization is presently wanting to contribute Rs. 1,000 crore over the accompanying two years to grow its operations.
The company has plans on enhancing its capacity and adding more value to its flexible packaging product range spanning liquid and granular materials, as told by a top company official.
Uflex chairman and managing director Ashok Chaturvedi said during an interview that as part of their growth plans, the company has proposed to invest Rs.1,000 crore in the next two years to expand capacity and product range for packaging semi-liquids and liquid materials and powder and granular materials.
Uflex is based at Noida and works multinational with production plants in India, Dubai, Egypt, Mexico, Poland and the US and markets in 85 countries worldwide. Uflex makes polyester chips, plastic films, laminates, inks and adhesives for packaging liquid and solid goods.
Industry Council for Research and Packaging on the Environment (INCPEN) says that flexible packaging helps reduce food wastage to one percent from three percent by increasing its shelf life, especially of vegetables and dairy products.
The 32-year-old firm has plants at Noida in Uttar Pradesh near Delhi, Jammu and in Malanpur in Bhind district of Madhya Pradesh and is now setting up an aseptic plant at Sanand in Gujarat to pack liquid products at Rs.550 crore in first phase.
Chaturvedi said that when they will be fully commissioned in phases over the next two-three years, the Sanand plant will employ about 3,000 people and 90 percent of its production will be to meet domestic demand.
Uflex has many big names as its customers which span across 140 countries of the world. These include P&G, PepsiCo, Tata Global, Mondelez, L' Oreal, Britannia, Haldiram, Amul, Kimberly Clark, Ferro Rocher, Perfetti, GSK, Nestle, Agrotech Foods, Coca Cola, Wrigley and Johnson & Johnson. The company has lately unveiled a range of inks, which are rub-scratch and crinkle resistance and offer good gloss and tape release.
Uflex has developed technology to reprocess mixed plastic waste arising from production process. The technology also reprocesses mixed plastic waste after customers refuse into articles for making durable plastic products.
Monday, 21 September 2015
Flexible Packaging can be modified into for all intents and purposes any shape or size. It can likewise fuse a mixed bag of hues and styles. An alternate looking, startlingly smooth packaging without a doubt turns into a head turner at the Point of Sale and stands a reasonable shot of being picked.
Flexible packaging is relatively cheap, therefore even the most cost conscious business can afford it. Flexible Packaging can be customized to suit a brand so that businesses aren’t pushed to strike a compromise between short term gains and long term brand equity.
In the flexible packaging market, food packaging is one of the fastest growing segments due to a steep rise in consumption of packaged food items. A growing sense of concern for health coupled up with knowledge about nutrition of the packaged food has given a huge fillip to the packaging industry.
Flexible packaging has immensely benefited from the ever increasing influx of brands in the market. Materials like BOPET,BOPP, CPP and EVOH have stood the test of time by offering superior barrier properties. This is one of the reasons why flexible packaging has been in great demand given the improved shelf life and greater protection that it offers. Other features like durability, convenience, designabilitiy, eco-friendliness etc have been desirable in making flexible packaging a whopping hit amongst food retailers.
Flexible packaging paves way for new and sophisticated printing and designing techniques. This alone gives the manufacturers to create attractive logos, designs, graphics etc on their package which can catch the attention of the consumer. Uflex believes that the greatest boon to the FMCG sector in contemporary times has been the advent of flexible packaging, that owes its existence to Mr. Ashok Chaturvedi (Founder & CMD of Uflex) who created ripples in the market by introducing this concept in the decade of 80’s.
Uflex under the aegis of Mr. Ashok Chaturvedi has steered the packaging industry to the NEXT LEVEL delivering the absolute best in terms of aesthetics, functionality, barrier properties and eco-friendliness at the most competitive price coordinates.
As per Uflex 4 Ps of showcasing have now included another P which implies packaging. So what portrays advertising in today's business division are Product, Price, Place, Promotion and Packaging. The packaging business has seen an impact inferable from its usage especially in FMCG and retail zone. The use of bundling in these business undertakings is particularly tremendous as it speaks to the quality of product.From being just a source of storage, packaging and especially flexible packaging, has come of age. There is a detectable movement in food packaging towards flexible packaging materials, as these are solid, lightweight and space-sparing. Flexible packaging is made from materials like plastic, aluminum and paper. These materials undergo a detailed conversion process such as printing, lamination, coating, extrusion, and pouch & roll making to develop different types of flexible packaging products.
The role of packaging in marketing has become more important than ever as it creates the first ‘impression of truth’ for the customers at the Point of Sale. Packaging can actually make or break the deal.
A number of manufacturers are turning to flexible packaging of their products as it offers a variety of exciting marketing opportunities to the producer without increasing the cost of production. The packaging solutions can be actually ‘bespoke’ with respect to merchandising requirements.
The global packaging industry is expected to grow to $820 billion by 2016. The Indian packaging industry, growing at roughly 15% annually, is estimated to become the fourth-largest in the world, with revenues of $43.7 billion in 2016. Market research reports have also estimated the flexible packaging market in India to grow at a compounded annual growth rate of 15-16% over the next five years. These statistics are giving rise to new prospects for the industry, especially the SMEs in the flexible packaging industry. Given the fast changing dynamics of the industry, there is a need to elevate the knowledge levels of all the value chain participants to international standards through relevant capability building and best practice sharing platforms.
Monday, 10 August 2015
Environmental concerns are gaining more and more concern with time. With nature in a declining state, it has become an increasing need to redress the problem. Following this consideration, Uflex has incorporated an environmental policy in its working techniques. The policy ensures that the company boosts its effectiveness without adversely affecting environment and pollution control. It also devises ways to beneficially contribute to the maintenance of the environment.
The environmental policy of Uflex states the following:
•Reduce resource and material wastage.
•Ensure to adopt the highest available environmental standards and follow the set environmental legislation.
•Wherever possible use reusable and recycled materials.
•Encourage the contribution of management and staff in the environmental performance of the company.
•Assess the environmental impact of all its operations and make necessary changes if needed.
With an emphasis on producing non-toxic, recyclable products, Uflex is ensuring that its processes of production minimize emissions that trigger negative climate change. Uflex is sincerely trying to reduce the adverse environmental effects of its products and is moving towards green packaging.
Being one of the world’s leading packaging companies, Uflex is making sincere efforts to sustain a healthy environmental policy in its working. As environmental concerns are a part of the measure used to quantify a company’s sense of responsibility towards its society, Uflex’s efforts do not go unnoticed by its various stakeholders.
Thursday, 6 August 2015
Sustainability is an important aspect for packaging industry as packaging is usually considered as a waste for consumers. Uflex, an international leader in packaging industry, ensures a proper material optimization and has identified four key areas to ensure sustainability:
Using eco-friendly technology in order to conserve maximum energy. This includes the use of intercept technology which is clean, green, reusable and recyclable.
• Uflex ensures a reduced carbon footprint by using biodegradable packaging material (Carbon footprint measures the impact our activities have on environment and climate, based on the amount of emission greenhouse gases by burning of fossils). Uflex emphasizes on cutting the use of materials made from fossil fuels, including plastics. It has adopted flexographic printing technique which helps in getting more energy efficiency while reducing material consumption.
• Uflex runs with the motto ‘tomorrow’s packaging using today’s waste’. It uses fizzy water bottles and plastic packages which produce a unique material which can be further used for packaging.
• Uflex firmly holds that all flexible packaging should be recycled in the same industry.
Uflex has been using the following techniques for recycling and reusing:
Green pet: It is made from PTA and GREEN MEG resin. PTA is manufactured by oxidation of p-xylene and GREEN MEG is manufactured from Ethanol obtained from Agro based source. This film does not contain any MEG which is conventionally made through the crude oil route. Green MEG is made from renewable source and GREEN PET film contains 30% of GREEN MEG. The film is FDA approved and adheres to EC Food Compliance Guidelines, making it absolutely safe for food contact, at the same time, maintaining the same qualities as that of natural PET film made from MEG which is derived from crude oil, with environment friendly characteristics.
rPET: It is made from Post Consumer Waste Recycled (PCR) Resin, which refers to material previously used by consumers and again recycled to use in a new product. rPET contains up to 30% of PCR resin obtained by tertiary chemical glucoses route. rPET is US FDA approved, EU compliant and is safe for food contact. It offers the same performance properties as standard PET films while being environment friendly, and is available in all thicknesses and widths.
Friday, 10 July 2015
Uflex Ltd won a Silver Award at the DuPont Awards for Packaging innovation 2015. The FLEX SAFE PACK is a Moisture Proof Bag designed to protect product in the cement industry.
The cement industry in India is the fourth largest in the world, but more than 3% of the cement produced is lost in the supply chain. This loss is largely attributed to the cement bags being stored in open environments across the supply chain, making them vulnerable to damages caused due to exposure of cement bags to rain, unpredictable outdoor conditions and extreme climate.
The Flex SafePack is specially designed to provide a barrier to moisture and water from entering into the bag, helping the cement withstand harsh environments and maintain its full functionality over an extended period of shelf life.
In developing the SafePack, UFLEX had to address two conflicting requirements: providing de-airation holes required for air to escape during filling and prohibiting moisture from entering into the bags during transportation. UFLEX was able to achieve this challenge through optimized nano-embossing over a flexible extrusion layer. This technological achievement also allows high definition graphics of up to 10 color printing, giving a premium look to a commodity product.
Thursday, 25 June 2015
While storing food in containers is a practice that is thousands of years old, and selling food in bottles and cans is prevalent since 1700s and 1800s respectively, the modern age of food packaging began in 1890s. Crackers were first sold in sealed waxed paper bags inside a paperboard box and plastics and other synthetics began to appear in the 1920s and ’30s.
That being the background, today the packaging industry is growing at a fast pace and rides on increased industrial production and international trade. The demands on package converters have become more intense and sophisticated.
Interestingly, while India has the second-largest GDP among emerging economies based on purchasing power parity and is the fourth largest economy in terms of purchasing power parity, the packaging industry in the country is one of the fastest-growing industries which has its influence on all industries.
The Indian packaging industry is growing continuously. Its total worth is about US$24.6 billion. The average annual growth rate is about 13 - 15%. However, there is great growth potential in the sector since India’s per capita consumption of packaging is only 4.3 kg whereas Asian countries like China and Taiwan show about 6 kg and 19 kg, respectively. This clearly indicates that there are many more commodities which need to be marketed in packaged condition and thus, a great business opportunity stands for the Indian packaging industry.
Moreover, the Indian retail market is the fifth largest retail destination globally and has been ranked the second most attractive emerging market for investment. The market is currently valued at US$350 million and is expected to rise to US$1.3 trillion by 2015. The packaging industry is expected to grow at a CAGR of 12.3% during the forecast period, to become the fourth-largest global market, with sales of US$43.7 billion in 2016.
Manufacturers of consumer packaged goods face two key challenges in 2015. The first is continued slow or negative growth in people’s disposable incomes. The second is changing consumer attitudes toward products and brands, as the the great fragmentation of consumer markets takes another turn. In response, companies must dramatically shift the route they take to reach consumers in terms of both product distribution and communications.
In many markets, consumer wages have been static for five years. Even where economies are starting to perform better, the squeeze on after-tax wages, especially for the middle-class, younger people, and families, is affecting consumer spending. Although growth in developing countries is still better than in the United States and Europe, a slowdown in emerging countries such as China — where many companies had hoped for higher sales — has translated quickly into lower-than-expected consumer spending growth. It is expected to continue regardless of which way macro GNP uncertainties break.
Fragmentation is manifested in consumer behaviour and market response. In both developed and emerging markets, there is a wider variety among consumers now. Growth is evident both at the top of the market (where more consumers are spending for higher quality food and other packaged goods) and at the lower end (where an increasing number of consumers are concentrating on value). But the traditional middle of the market is shrinking.
Further, individual consumer behaviour is more pluralistic. We are used to seeing, for example, spirits buyers purchasing a premium brand in a bar, a less-costly label at home for personal consumption, and yet another when entertaining guests. But this type of mixed shopping has now spread to the grocery basket. Fewer consumers are making one big stocking-up trip each week. Instead, shoppers are visiting a premium store and a discounter as well as a supermarket, in addition to making frequent purchases online. In the recession, more shoppers became inclined to spend time hunting for bargains, and as some traditional retailers either went out of business or shuttered stores, retail space was freed up and was often filled by convenience stores, specialty shops, and discounters.
Read full article at: F&B News
Wednesday, 24 June 2015
UFLEX LTD. ADJUDGED NUMBER ONE IN TERMS OF TOTAL INCOME IN THE PACKAGING AND ALLIED ACTIVITIES SECTOR BY DUN &BRADSTREET
India’s largest flexible packaging company Uflex has been adjudged number one company in the Packaging and Allied Activities Sector by Dun &Bradstreet (D&B), the world’s leading provider of global business information, knowledge and insight. D&B in its 15th edition of the report “India’s Top 500 Companies 2015″ has ranked Uflex as number one, on account of its total income in the year 2014 which is highest by any company in the sector.
Friday, 12 June 2015
Mr. Ashok Chaturvedi has the vision and far-sightedness that has made him the Founder and Managing Director of theUflex Group, one of India’s largest Flexible Packaging Company. He has been the pioneer of Flexible Packaging in India and his dynamic approach has made Uflex one of the fastest growing companies in Packaging Industry.
Uflex deals in flexible packaging solutions, bi-axially oriented plastic films, chemicals, engineering, cylinders, holography and food. Initiated in 1983, the company has a turnover in excess of USD 1.5 bn. One of the largest leading business conglomerates, the company has fetched an international status by extending its operations to USA, Mexico, Poland, Egypt and Dubai. Mr Chaturvedi delivers the 3 Qs of Quality, Quantity and Quickness to his customers and has his customer base across 120 countries around the world.
Mr Chaturvedi believes in excellence, modernization, quality and quantum. Having taken Uflex to the summit of success, he is always focused on bringing about innovation and value addition. His experience of an extensive travelling lends him a global outlook which he considers mandatory for the growth of any business. He has also been the recipient of various awards and honors.
Mr Chaturvedi elaborately emphasizes on the pillar of people not only within the organization but also with his customers, business partners and other stakeholders. He is known for his efforts towards bettering the lives of others. He has also been contributing towards the development of management institutions and educational facilities for the underprivileged.
He is very passionate about cricket and thus contributes a great portion towards improvement of sports facilities in the country, particularly for the underprivileged. He has recently been a promoter of an advanced Modern Cricket Club in the country.
Sunday, 11 January 2015
We, at uflex group, honored to host the Wrzesnia City Council at our Poland Plant. The 24-member Wrzesnia City Council headed by mayor Tomasz Kaluzny and Deputy Mayors Jan Maciejewski and Artur Mokracki visited our Poland Plant on 7th January 2015.