Although packaging solutions company Tetra Pak’s Indian unit has witnessed the emergence of new categories that have increased demand for its products, it is struggling with almost a decade-high inflation in several raw materials.
The company could invest around Rs 165 crore to push this "disruptive" technology in the country if demand holds fort.
According to a survey conducted by Swedish Chamber of Commerce, 90 percent of the respondents perceive a favourable climate this year compared to just 50 percent last year.
India and China will drive the global consumption of liquid diary products (LDP), which is set to rise by 30% to 350 billion litres by 2020, according to a report by packaging material maker Tetra Pak.