>UFLEX LIMITED:: AGGRESSIVE EXPANSION PLANS AND INCREASE IN DEMAND WILL DRIVE GROWTH

Uflex Ltd was incorporated in the year 1988, with the name

Flex Industries Ltd. It is the flagship company of the Flex

group is an India‐based flexible packaging company. Uflex has

vast capacities for production of Polyester chips, BOPET and

BOPP films, Printing & Coating Inks, facilities for Holography,

Metallization & PVDC coating, making Gravure Printing

Cylinders, Gravure Printing, Lamination and Pouch formation.

The Packaging Division of UFLEX provides total solutions

based on flexible packaging materials to customers across the

world. The global markets, successfully catered to, include

USA, Canada, UK, Russia, CIS countries, South Africa, the

Middle East and the South Asian Countries.

Investments Rationale

■ Uflex has strong expansion plans to access large and profitable markets in Mexico and Egypt. The move is to counter the anti dumping measures unfavourable to exports of films from India.

■ The company has world class plastic film manufacturing facilities in India, Dubai, Mexico and

Egypt. It has strong global sales and distribution network with customers in more than 100 countries.

■ Flexible Packaging Industry is growing at 22‐25% annually. The increasing demand for flexible

packaging products gives strategic advantage to organized players in the domain.

■ Inspite of the rapid growth achieved by the Indian packaging industry in the past few years, the per capita consumption of packaging in India is still very low at around US$15, against the world average of US$100. Its shows the real opportunity available in the Indian Market.

■ It is one of the low cost producer of packaging sales and a market leader in the flexible packaging industry in India. UFlex is primarily a converter of packaging raw material to commoditised products like packaging film and value‐added customised products like zip pouches and others used in flexible packaging of a wide range of FMCG products.

To read the full report: UFLEX LTD