Hindustan National Glass & Industries Ltd - HNGIL
Hindustan National Glass & Industries Ltd - HNGIL
Hindustan National Glass & Industries Ltd - HNGIL
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Food<br />
� As per Government of India‟s Vision 2025, the food processing<br />
industry is expected to more than double in size from the current<br />
US$ 70 bn to ~ US$ 150 bn in 2025<br />
Growth Drivers:<br />
� Increase in disposable income<br />
� Changing lifestyles of urban and rural middle class<br />
� Increasing health consciousness with shift from traditional<br />
unpackaged formats to packaged, branded goods<br />
� Increasing working women population<br />
� Increase in penetration of glass containers – currently 10-12% of<br />
all food and beverages are packed in glass containers in India as<br />
compared to 40-50% in developed markets<br />
21<br />
Figures in MT – HNG <strong>Glass</strong><br />
bottles<br />
CAGR: ~15%<br />
66,040<br />
100,625<br />
FY2007 FY2010