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Blowmolding & India, Take 2: Graham Packaging buys into Indian processor

Packaging blowmolder Graham Packaging Company (York, PA) has agreed to acquire a minority stake in India’s PPI Blowpack Pvt. Ltd. (Mumbai) for an as-yet undisclosed amount. The finalized agreement is expected to be signed in March.

MPW Staff

February 9, 2009

1 Min Read
Blowmolding & India, Take 2: Graham Packaging buys into Indian processor


Ashok Sudan, Graham Packaging’s executive vice president and general manager, noted, “India is the fastest growing economy outside of China, and our depth and breadth of technology can help PPI Blowpack grow in India and beyond.” Kapil Gami, business development manager for Graham Packaging, added that the rigid plastic container sector in India has been growing at a 15-20%/yr pace.

PPI Blowpack, established in 1972, has processed rigid plastic containers for the food, pharmaceutical, chemical, and consumer goods markets in India since 1972. The firm has two processing facilities in India and a total of 34 blowmolding machines and injection molding machines, according to its website. Customers include Heinz India, UNICEF and Cadbury Delight; its facilities include cleanroom processing space.—[email protected]

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