Parksons steps up growth potential with Manohar Packaging acquisition
The Indian folding carton industry is a fragmented lot. Even today, 50% of the industry is unorganised. The pundits say that a significant percentage of the unorganised sector will transform into the organised. Siddharth Kejriwal, managing director at Parksons Packaging, says, "If it's 50:50 today, we expect it will be in the ratio of 70:30 in favour of the organised market. This should lead to fair and better margins for the industry." Parksons' acquisition of Manohar Packaging should be vi
Source: printweek.in