Packaging may not always be in the limelight, but it is an essential part of almost all products that Indian consumers buy – from the toothpaste tube in the bathroom to the biscuit packet in the kitchen. 

India’s packaging industry is one of the largest in the world in terms of volume, with a growing number of packaging companies catering to the needs of the domestic fast-moving consumer goods (FMCG), pharmaceutical, e-commerce, and food and beverage sectors, as well as regulatory compliance with sustainable and recyclable materials.

This article provide a brief description of the top 10 packaging companies in India based on their founding year, ownership, primary operations, and products.

Quick Comparison

Rank	Company	Founded	Owner / Founders	Headquarters	Core Products
1	Uflex Limited	1985	Ashok Chaturvedi (Founder Chairman & MD)	Noida	Flexible Packaging Films, Laminates
2	EPL Limited (formerly Essel Propack)	1982	Founded by Subhash Chandra & Ashok Goel; Blackstone Group (majority owner since 2019)	Mumbai	Laminated Plastic Tubes
3	Huhtamaki PPL	1935 (as The Paper Products Limited)	Founded by Sardarilal Talwar; part of Huhtamaki Oyj, Finland (since 1999)	Mumbai	Flexible Packaging, Labels
4	Cosmo First Limited	1976	Ashok Jaipuria (Founder)	New Delhi	BOPP Films, Specialty Films
5	Polyplex Corporation Limited	1984	Sanjiv Saraf (Founder)	Noida	PET and BOPP Films
6	Manjushree Technopack Limited	1983	Founded by Vimal Kedia & Surendra Kedia; Advent International (77% stake since 2018)	Bengaluru	Rigid Plastic Packaging
7	Jindal Poly Films Limited	1974	Part of the B.C. Jindal Group (founded 1952 by B.C. Jindal)	Nashik / New Delhi	BOPET, BOPP Films
8	TCPL Packaging Limited	1987	Promoted by the Kanoria family	Mumbai	Folding Cartons, Flexible Packaging
9	Tetra Pak India	1951 (global parent); India operations established later	Part of the Switzerland/Sweden-based Tetra Laval Group	Pune / Gurugram	Liquid Carton Packaging
10	Parksons Packaging	1996	Privately held, founder-led	Mumbai	Folding Cartons, Specialty Packaging

Uflex Limited – India’s Largest Flexible Packaging Company

 Image Courtesy: Uflex Limited Official Website

• Founded: 1985 
• Owner: Ashok Chaturvedi (Founder, Executive Chairman & Managing Director)
• Headquarters: Noida, Uttar Pradesh

Uflex Limited was founded in 1985 by Ashok Chaturvedi, who pioneered India’s first unit pouches for products such as shampoos, mouth fresheners, and tomato ketchup, among others. 

Today, the company is a fully integrated flexible packaging group with manufacturing facilities in India, the UAE, Mexico, Egypt, Poland, the US, and more.

What Uflex does: Offers end-to-end flexible packaging solutions, from films and chemicals to print-ready packaging.

Products offered: Packaging films (BOPET, BOPP, CPP), flexible laminates and pouches, aseptic liquid packaging, holography and anti-counterfeiting solutions, and packaging machinery.

EPL Limited – A Global Leader in Laminated Plastic Tubes

 Image Courtesy: EPL Limited Official Website

• Founded: 1982 (as Essel Packaging Limited) 
• Owner: Originally founded by Subhash Chandra and Ashok Goel under the Essel Group; The Blackstone Group has held a majority stake since 2019 
• Headquarters: Mumbai, Maharashtra

EPL Limited, formerly Essel Propack, was founded in 1982 to introduce laminated tube technology to India as an alternative to the crumpled aluminium tubes popular in the FMCG and pharmaceutical product packaging of the time. 

After merging with Swiss Propack AG in 2000 to form EPL Group, Blackstone Group acquired a majority stake in 2019, and the company was renamed EPL Limited in 2020.

What EPL does: Develops and manufactures laminated plastic tubes and speciality packaging for oral care, beauty, pharma, and home care product manufacturers.

Products offered: Laminated and seamless plastic tubes, mini-tubes for cosmetics and pharma, high barrier packaging solutions, and recyclable mono material tube packaging.

Huhtamaki PPL – Nearly a Century-Old Packaging Label Company

 Image Courtesy: Huhtamaki PPL Official Website

• Founded: 1935 (as The Paper Products Limited) 
• Owner: Founded by Sardarilal Talwar; of Huhtamaki Oyj, Finland, in 1999 
• Headquarters: Mumbai, Maharashtra

Founded in 1935 as The Paper Products Limited, Huhtamaki PPL was initially a paper converting company that supplied Britain’s Army with dairy products. It later evolved into a manufacturer of cellophane and flexible packaging materials and became part of the global Huhtamaki Group, headquartered in Finland, in 1999.

What Huhtamaki PPL does: Offers flexible packaging, decorative labelling, and speciality packaging solutions to food, beverage, and personal care companies.

Products offered: Flexible laminates and pouches, tube laminates, decorative and shrink sleeve labels, thermoforms, and digitally printed packaging.

Cosmo First Limited – A Leading Producer of BOPP Films

 Image Courtesy: Cosmo First Limited Official Website

• Founded: 1976 
• Owner: Ashok Jaipuria (Founder) 
• Headquarters: New Delhi

Cosmo First, formerly Cosmo Films, was founded in October 1976 by Ashok Jaipuria and has since grown to be a global manufacturer of biaxially oriented polypropylene (BOPP) films. Its first production plant opened in Aurangabad, Maharashtra, in 1981, and today the company has manufacturing facilities in India and South Korea.

What Cosmo First does: Makes speciality BOPP and polyester films for labelling and packaging.

Products offered: BOPP films, polypropylene films, synthetic paper, thermal and pearlised films, and packaging and labelling solutions.

Polyplex Corporation Limited – A Top Producer of Thin PET Film

 Image Courtesy: Polyplex Corporation Limited Official Website

• Founded: 1984 
• Owner: Sanjiv Saraf (Founder) 
• Headquarters: Noida, Uttar Pradesh

Polyplex Corporation was founded in 1984 by Sanjiv Saraf and has since grown to be among the world’s largest manufacturers of thin PET (polyester) film, with exports to international markets under the Sarafil and Saracote brands.

What Polyplex does: Manufactures biaxially oriented polyester (BoPET) and other packaging films for industrial and consumer use.

Products offered: BoPET and BOPP films, metallised and coated films, thermal lamination films, and speciality packaging films.

Manjushree Technopack Limited – India’s Largest Rigid Plastic Packaging Company

 Image Courtesy: Manjushree Technopack Limited Official Website

• Founded: 1983 
• Owner: Founded by Vimal Kedia and Surendra Kedia; Advent International owns 77% since 2018 
• Headquarters: Bengaluru, Karnataka

Manjushree Technopack was founded in 1983 by Vimal Kedia and Surendra Kedia and grew to become India’s largest manufacturer of rigid plastic packaging. In 2018, private equity firm Advent International acquired a 77% stake in the company, which has since expanded its manufacturing footprint and recycling capabilities.

What Manjushree Technopack does: Makes rigid plastic packaging, including bottles, containers, and preforms, for FMCG and pharma companies.

Products offered: PET, HDPE, and PP bottles and containers, preforms, closures, and post-consumer recycled (PCR) packaging solutions.

Jindal Poly Films Limited – A Diversified Films Manufacturer under the B.C. Jindal Group

 Image Courtesy: Jindal Poly Films Limited Official Website

• Founded: 1974 (incorporated as Jindal Polyester Limited); parent: B.C. Jindal Group founded in 1952 
• Owner: Part of the B.C. Jindal Group, founded by B.C. Jindal 
• Headquarters: Nashik, Maharashtra, and New Delhi

Jindal Poly Films Limited was incorporated in 1974 as Jindal Polyester Limited and diversified into BOPET and BOPP film manufacturing. It is part of the B.C. Jindal Group, a conglomerate business founded in 1952 by B.C. Jindal, which has interests in the steel, power, and packaging sectors, among others.

What Jindal Poly Films does: Makes polyester and polypropylene films for flexible packaging and industrial applications.

Products offered: BOPET and BOPP films, CPP films, metallised films, thermal lamination films, and non-woven fabric products.

TCPL Packaging Limited – A Leading Manufacturer of Folding Cartons

 Image Courtesy: TCPL Packaging Limited Official Website

• Founded: 1987 (as Twenty-First Century Printers Limited); entered folding cartons manufacturing in 1990 
• Owner: Promoted by the Kanoria family 
• Headquarters: Mumbai, Maharashtra

TCPL Packaging was incorporated in 1987 and rebranded from Twenty-First Century Printers Limited in 2008. Promoted by the Kanoria family, it has grown to be one of India’s largest manufacturers of folding cartons and paperboard converters, supplying a range of industries, including tobacco, pharma, FMCG, and more.

What TCPL Packaging does: Makes paper-based folding cartons and flexible packaging products for consumer goods companies.

Products offered: Folding cartons, printed blanks and outers, litho-laminated cartons, blister packs, flexible packaging laminates, and shrink sleeves.

Tetra Pak India – The Global Leader in Liquid Carton Packaging

 Image Courtesy: Tetra Pak India Official Website

• Founded: 1951 (global parent); Indian operations established in subsequent decades 
• Owner: Part of the Switzerland and Sweden-based Tetra Laval Group 
• Headquarters: Regional offices in Pune and Gurugram

Tetra Pak was founded in Sweden in 1951 by Ruben Rausing and had the vision of creating packaging that would save more than it costs. It has since become the leading manufacturer and supplier of aseptic carton packaging solutions for beverages and liquids in India, with significant presence in the dairy and juice product segments.

What Tetra Pak India does: Offers carton packaging systems and solutions, as well as processing equipment, for beverages and liquid foods.

Products offered: Aseptic carton packaging for milk, juice, and other beverages, as well as packaging and filling machines and processing equipment.

Parksons Packaging – A Design-Focused Carton Packaging Company

 Image Courtesy: Parksons Packaging Official Website

• Founded: 1996 
• Owner: Privately held, founder-led 
• Headquarters: Mumbai, Maharashtra

Founded in 1996, Parksons Packaging has grown to be a leading manufacturer of folding cartons and speciality packaging in India, with a focus on design-led solutions for FMCG, pharma, and retail companies.

What Parksons Packaging does: Makes folding cartons and speciality packaging with a focus on design and print quality.

Products offered: Folding cartons, gable-top cartons, rigid boxes, and specialty printed packaging for consumer goods and healthcare brands.

Frequently Asked Questions (FAQs)

Which is India’s largest flexible packaging company? 

Uflex Limited is India’s largest flexible packaging company, with an end-to-end integrated presence in the value chain of packaging films, chemicals, and finished products.

Which is the oldest packaging company on this list? 

Huhtamaki PPL has the longest history on this list, having been founded in 1935 as The Paper Products Limited.

Which companies on this list are owned by private equity firms? 

EPL Limited is majority owned by The Blackstone Group, and Manjushree Technopack is majority owned by Advent International, both of which are both private equity firms.

Which companies specialise in rigid plastic packaging rather than flexible films? 

Manjushree Technopack is the company on this list that specialises in rigid plastic packaging, such as PET, HDPE, and PP bottles and containers, among others.

Which company introduced laminated tube packaging to India? 

EPL Limited, previously Essel Packaging Limited, was the first company to introduce laminated plastic tube technology to India in the early 1980s.

Which companies on this list are part of larger, diversified business groups? 

Jindal Poly Films is part of the B.C. Jindal Group, and Tetra Pak India is part of the Tetra Laval Group based in Switzerland and Sweden. Huhtamaki PPL is also owned by Huhtamaki Oyj, Finland.

Which company is best known for liquid carton and beverage packaging? 

Tetra Pak India is the company best known for beverage carton and liquid packaging, such as those used for milk, juice, and other drinks.

Which companies focus specifically on folding cartons? 

TCPL Packaging and Parksons Packaging are the two companies on this list that focus specifically on folding cartons.

Are any of these companies founder-led with the original family still in control?

Uflex Limited, Cosmo First, and Polyplex Corporation continue to be led by their founders or founding families, unlike some others on this list that have since passed to private equity or global conglomerate ownership.

Why has India’s packaging industry grown so significantly in recent decades? 

India’s packaging industry has grown significantly due to the rise of the FMCG, pharmaceutical, food and beverage, and e-commerce sectors, as well as regulatory compliance with sustainable and recyclable materials.

Conclusion

India’s top packaging companies comprise some of the largest and most well-established firms in the domestic market, ranging from founder-led organisations like Uflex Limited, Cosmo First Limited, and Polyplex Corporation to private equity-owned companies like EPL Limited and Manjushree Technopack, as well as multinational corporations like Tetra Pak India and Huhtamaki PPL. 

Collectively, the ten companies on this list represent nearly all types of packaging products used by India’s FMCG, pharmaceutical, food and beverage, and other product manufacturers.

As the regulatory environment in India continues to shift towards sustainability and e-commerce transforms product distribution, these ten companies are well positioned to continue their growth trajectories and maintain their dominance over India’s packaging market for years to come, regardless of the year this article is read.