Packaging company UFlex is setting up a plant with technology from the Netherlands to manufacture six billion paper straws annually to cater to the entire demand of the FMCG industry which uses them for its aseptic packs (tetrapacks) for juice, milk, coffee etc.
If all goes well, the paper straws will start rolling off the assembly line in September thanks to equipment supplied by Dutch company Tembo Paper. The investment tag in the first phase will be over Rs 100 crore.
This is good news for FMCG companies such as Parle Agro, Amul and Dabur who are short of