Advantage India
Today India is exporting about 40,000 MT per month of FIBC at a very steady CAGR.
Manpower
- Large English-speaking, intelligent and youthful workforce from 18 to 41 years
- Willingness to learn new manufacturing processes in line with manufacturing 4.0
Knowledge & technical expertise
- Excellent product domain expertise
- Access to the best production technology and contemporary processes
- Superior technical know-how, machinery and skilled manpower
- India has become a value-added manufacturer in comparison to other competitor countries and is more cost effective and consistently making a better value proposition for FIBC end users & customers.
Large Integrated units
- Achieving certain economies of scale makes the total value proposition for the customer far more valuable
Higher Certification/ compliances / Better rated infrastructure for Food Contact & Other packaging
- Most integrated FIBC manufacturing units are ISO certified and ensure Environmental & Occupational Health and Safety Certification. They have world-class infrastructure and management systems to ensure the best quality FIBC product is coming out of the unit.
Logistics
- Good global connectivity through dry ports, inland haulage, multiple sea ports and ocean liners and short transit times to Europe, USA and the rest of the world.
Government Policies
- Liberal government policies to promote export of FIBCs.
- Today India is exporting about 40,000 MT per month of FIBC at a very steady CAGR.
- Global FIBC market size has been valued at USD 4.0 billion in 2018, expected to advance at a CAGR of 5.9% over coming years. Total Global FIBC trade is 2.5 billion USD ($2,416,767,511) and India alone exports FIBCs about worth 0.7 billion USD ($702,569,203) which is more than 25% of Global FIBC Trade.
- Atmanirbhar Bharat campaign and vision. It is the brainchild of our Honourable Prime Minister and is based on the five pillars of the economy, infrastructure, system, demography and demand. It advocates self-reliance, not for protectionism, or isolationism, but to enable the country to identify its inherent strengths and profit from them. It is a platform in which India endeavors to make for itself and also becomes the factory for the world.
Competitive Pricing & Excellent Quality
- FIBCs have found extensive acceptance in end-use industries such as food, chemical, pharmaceutical, building & construction, agricultural, mining, manufacturing, and waste handling. Rising food and pharmaceutical industries across the world, increasing the need to reduce overall weight of bulk packaging, and growing manufacturing and construction sectors in Asia Pacific are the key factors driving the market growth.
AI, Machine Learning, and Industry 4.0 – New technologies are opening a new era in automation for FIBC manufacturers in which humans and machines will increasingly work side by side. Is no more a dream or a desire but a necessity. The companies being able to adapt to it will continue to have an edge as is in other industry segments too. In recent times the top priority of the FIBC Industry has been to automate all its processes. There is a need to transform the job market, economy and integrated units to bring Artificial Intelligence, Robotics and machine learning into the equation. This is fast approaching where machines are fast approaching levels of human intelligence and cognitive skills. All machines will be connected to the Internet of Things and collect accurate information and data.
Sales and Distribution becoming digital – It is becoming transparent, fast, reliable, and most importantly very automated. This will continue to benefit Clients and will make the value leaner and much more efficient. We will move to levels of efficiencies that were theoretical.
Product Innovation – Although India’s not responsible for the invention of FIBC but largely credited to deliver the highest segment valued-added bags around the world. Innovation in Bulk Packaging with solving customer’s clients and working closely with them will make the next big leap.
Sustainability – It can truly come through Optimization of Transport; Storage, design and will come out of optimization of manufacturing Processes and usage of raw material pellets used per kg plastic used for packing. In all these things FIBC’s is the best, cost-effective, and most durable packaging material available that is eco-friendly and can be used for multiple trips, and can be recycled at end of life.
Industry Where FIBC are widely used in:
- Chemicals
- Pharmaceuticals & Aggregates
- Fertilizer
- Fiberglass
- Food Products
- Grains
- Mining
- Construction
- Pigments
- Plastics
- Seeds
- Recycling
- Waste Management
- Wood Logs