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Huhtamaki India: An Innovator In Flexible Packaging Industry, Says ICICI Direct

Huhtamaki India: An Innovator In Flexible Packaging Industry, Says ICICI Direct

Product manufactured by Huhtamaki arranged for photograph. (Source: Official website of Huhtamaki) 
Product manufactured by Huhtamaki arranged for photograph. (Source: Official website of Huhtamaki) 

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ICICI Direct Report

Huhtamaki India Ltd. was incorporated in 1935 as Paper Product Ltd. In 1999, Huhtamaki Oyj acquired majority stake (currently approximately 67%) from the erstwhile promoter and changed the name accordingly.

The company is the leading player in the flexible packaging industry, providing packaging and labelling solutions to its clients through its ~18 plants and two research and development centres across India.

The major client includes Nestle India Ltd., Hindustan Unilever Ltd., Procter and Gamble Hygiene and Healthcare Ltd. Mondelez, Coca Cola, etc.

Click on the attachment to read the full report:

ICICI Direct Instinct HuhtamakiInd Company Update.pdf

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