Investments & Funding

This decree mandates plastic bag producers/importers to register and declare volumes on the waste system, laying the foundation for a financial contribution scheme to cover waste management.

The memorandum falls under the National Cleanliness and Anti-Littering Strategy’s executive program, which aims to build an integrated waste management system and strengthen ties with the private sector and civil society.

The partnership arrives as India’s packaging sector undergoes rapid digital transformation, with growing demand for short runs and customisation across FMCG, pharma, and e-commerce.

The Arnsberg mill, which specializes in liner products, will be integrated into MM’s existing German platform, comprising several cartonboard mills and packaging plants.

The shift was backed by investment in container deposit schemes and two PET recycling facilities under the Circular Plastics Australia (PET) joint venture, involving Cleanaway, Pact Group, and Coca-Cola Europacific Partners.

The facility uses laser and electronic/stylus engraving, plus automated polishing and cutting, accommodating various cylinder specs and applications from flexible packaging to cigarette cartons.

The relocation strategy shows the company’s commitment to its workforce while streamlining operations to boost efficiency and customer responsiveness across key markets.

FtoP technology skips conventional PET recycling steps like crystallization and drying, streamlining the entire process.

The Bengaluru plant will manufacture the company’s entire packaging equipment range, from filling and labelling machines to complete turnkey bottling lines.

The full scope covers end-to-end execution, including validating the FCN system’s performance guarantees and providing technical support staff throughout installation and commissioning.