- Capex to fund state-of-the-art Borisana plant as demand for flexible packaging surges in India and overseas
- Export-driven manufacturer strengthens its “Make in India for the World” leadership with multiple national awards
- Early-mover advantage, global clientele across 68 countries, and rising industry tailwinds fuel next phase of growth
NE BUSINESS BUREAU
AHMEDABAD, NOV 20
Ahmedabad-based Knack Packaging Limited, one of India’s largest producers of flexible and woven polypropylene (PP) packaging solutions, is set to raise ₹475 crore in fresh capital to expand manufacturing capacity and accelerate its global footprint.
The company is investing in a new, fully integrated manufacturing facility at Borisana, Kadi (Mehsana district), Gujarat, strengthening its vertically integrated operations. As of March 31, 2025, Knack Packaging has an effective installed capacity of 36,400 MT per annum across its existing Gujarat plants.
Widely recognised as a strong “Make in India for the World” success story, Knack Packaging recently received top honours at national industry platforms. It was awarded Best Exporter of Woven Sack Bags (non-FIBC) at the PLEXCONCIL Platinum Jubilee celebrations by Union Minister Piyush Goyal on November 16, 2025, followed by an Outstanding Export Performance in PackTech award at the MATEXIL Export Excellence Awards on November 19, 2025.
Knack Packaging manufactures high-strength Printed and Laminated Woven Polypropylene (PLWPP) bags and PLWPP Pinch Bottom bags, serving major FMCG and industrial clients. The company holds approximately 10.1% share of India’s flexible bulk PLWPP bags market in FY 2025.
An early mover in the BOPP/PLWPP segment, Knack Packaging is also the first company in Asia to integrate laser-cut and easy-open features into PLWPP pinch-bottom bags. Its products are exported to 68 countries, with strong market presence in the US, Mexico, South Africa, and other growth destinations.
The expansion comes at a time when the Indian packaging sector is witnessing strong momentum. The flexible plastic packaging market, valued at ₹1,84,900 crore in FY 2024, is projected to reach ₹2,71,700 crore by FY 2029, growing at a CAGR of 8%. Globally, the flexible bulk packaging (5–50 kg) market is expected to reach USD 109 billion by 2029, expanding at 4.8% CAGR.
Under its B2B2C model, the company supplies to leading domestic brands such as Baba Agro Food, Drools, Ebro India, Laxmi Protein, DCM Shriram, and global names including Cristo S.A., Cargill, Repi Soap & Detergent, and several others.
With growing export demand, new capacity creation, and its technological edge, Knack Packaging is poised for a stronger global growth trajectory.
