Hassia Packaging,a packaging solutions company,today announced significant expansion plans to achieve a turnover of over Rs.30 crore by 2012,a jump of 100 per cent over 2008-09. Hassia Packaging is expecting to make sizeable gains in the domestic and global markets this year and the company continues to focus and invest on development of innovative packaging machinery solutions. Plans are also underway to set up satellite offices globally in conjunct with partner agencies in Africa,Far East and the Middle East. The expansion plan was outlined today at a press conference hosted by K. Ravi,managing director and CEO,Hassia Packaging Pvt. Ltd. headquartered at Sanaswadi,Pune.
Hassia Packaging Pvt. Ltd. is a fully owned subsidiary of Oystar holding GmbH,Germany. Oystar is among the top five packaging machinery builders in the world. Oystar operates over 17 manufacturing companies across the world and reported a turnover of around 500 million Euros in 2008.
Hassia India is also planning to double its Pune facility leading to additional recruitment in the areas of design,service,sales and supply chain within the next 3 years. The expansion will entail an investment of Rs 5 crore.
Expanding the work space at its Pune headquarters has become critical as Hassia rapidly grows its broad portfolio of product solutions for a wide range of sectors including Dairy,Malted food,Health drinks,Snack food,Tea,Coffee,Sugar,Salt,Detergent & Agrochemical industries.
Speaking on the occasion,K. Ravi said,”Growing demand for packaged products in both domestic and export markets has led to the realization that innovation in packaging can lead to differentiation on the shelf and added package value. Our ability to offer superior value propositions by making technology deliver speeds,better fill accuracy at a competitive price have proven to be the most compelling differentiators for Hassia Packaging in the market today.
“During last 9 years,we have continued to excel in the domestic and global markets,winning new business,and expanding our footprint and infrastructure.” he added. Most satisfying has been our success in redefining packaging benchmarks both in terms of speed and fill accuracy.Hassia Packaging specialises in automating packaging of food and other products in pouches,jars and cans.”