The packaging industry is emerging as a key driver in achieving net-zero targets, as highlighted during the 4th Edition of CII Telangana Packcon 2024, held in Hyderabad on December 12 and 13, 2024. This flagship event organized by CII Telangana brought together industry leaders, innovators, and stakeholders to explore innovative solutions for tomorrow’s global market challenges.
Themed “Innovating Today for Tomorrow’s Global Market Challenges: Packaging & Beyond,” the summit emphasized the critical role of sustainable packaging solutions, digital innovation, and bio-recyclable materials in creating a circular economy. Key discussions during the event showcased how advancements in packaging can redefine global standards while addressing the pressing need for sustainability.
Packaging as a Pillar for Net Zero
Chief Guest Dr. Jayesh Ranjan, IAS, Special Chief Secretary, Industry & Commerce, IT & EC Department, Government of Telangana, underscored the vital role of the packaging sector in driving net-zero initiatives. With India committed to achieving net zero by 2070, the packaging industry is uniquely positioned to lead innovation, adapt to technological changes, and integrate sustainable practices.
Dr. Ranjan highlighted the importance of collaboration between packaging companies and the government, suggesting industrial park spaces for co-located industries to foster better integration. He also recommended partnerships with the Young Indian Skills University to train a skilled workforce tailored to the packaging industry’s needs.
Sustainability at the Forefront
Mr. Chakravarthi AVPS, Chairman of CII TG PackCon 2024 and Managing Director of Ecobliss India, stressed the importance of sophisticated and durable packaging solutions. He highlighted the global demand for redesigning packaging toward sustainability, urging the use of biodegradable and recycled materials. The sector, according to him, must embrace a circular economy model, aiming to reduce waste and maximize the lifespan of materials through recycling and regeneration.
Innovation Meets Sustainability
Speakers like Mr. Raja Bhanu, Director General of Pharmexcil, emphasized the integral role of the packaging sector in India’s pharma exports. With 70% of exports catering to highly regulated markets like the US and Europe, maintaining high standards ensures product stability, safety, and compliance. He also discussed integrating artificial intelligence (AI) and machine learning (ML) into the packing process to improve efficiency and reduce environmental impact.
Additionally, Mr. Anil Epur, Past Chairman of CII SR, pointed out the rising demand for sustainable packing driven by factors such as population growth, increasing income levels, and evolving consumer lifestyles. Sustainable packing not only addresses these demands but also fosters a circular economy by transforming waste into valuable resources.
Future-Ready Packaging
The event spotlighted the packaging sector as a catalyst for sustainable growth. From using innovative materials to leveraging technology like AI, the industry is shaping a future where packaging goes beyond utility, becoming an enabler of environmental and economic sustainability.
Key Takeaways
- The packaging sector is a critical player in India’s journey toward achieving net-zero targets by 2070.
- Collaboration between the government and industry stakeholders is essential for fostering innovation.
- Sustainable practices, such as using biodegradable and recyclable materials, are reshaping the industry.
- Integration of AI and ML is streamlining operations and reducing environmental impact.
- The circular economy model is driving the packing industry toward reducing waste and maximizing resource utility.
As emphasized at CII Telangana Packcon 2024, the packing sector is not just about delivering solutions today; it is about innovating for a sustainable tomorrow. By driving technological advancements and embracing eco-friendly practices, the industry is paving the way for a greener, more sustainable future.