Manipal Technologies launches packaging company

Manipal Technologies Ltd (MTL) has launched a packaging company — Manipal Utility Packaging Solutions Pvt Ltd (MUPSPL).

A press statement said here on Monday that this new entity combines Utility Printpack Pvt Ltd’s (UPPL) businesses and manufacturing operations in Ahmedabad with Manipal’s packaging businesses at Manipal, Chennai, Kenya and Nigeria.

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PACKAGING FIRM SET TO EXPAND

Bosch Packaging Technology is aiming to expand its position in the packaging technology market globally by 2020, and in particular in Africa and Asia. The company also intends to spur further growth by venturing into new fields of business.

“We expect to see fundamental change in the market for packaging machinery. We not only want to react to this change, we also aim to help shape it,” said Friedbert Klefenz, president of Bosch Packaging Technology, during the company’s press conference at the Interpack trade show in Düsseldorf.

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Good Perspective for Packaging Machinery

Other subjects included the growing lack of qualified personnel. He contrasted this with the excellent perspectives for engineers and qualified technical personnel in the mechanical engineering sector and mentioned the recruiting portal talentmaschine.de as an initiative by the VDMA to promote young talents. He concluded his speech with the economic significance of protecting intellectual property and fighting product piracy.

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