Page 34 - 20 Booming Logistics Companies in India 2021
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fragmented  business  with  numerous  the growth rate like in the wake   great  teamwork  helped  EPL deliver
            regional players. Overall size was   of the pandemic?                and capture this opportunity which
            estimated  to  be  approx.  USD  38[i]   Vats: There  was a  temporary surge   would have been impossible earlier.
            billion in 2018 for India. It has grown   in  demand  for  sanitizer  tubes.  EPL   During  the  Pandemic,  EPL
            with a  CAGR of nearly 4 per  cent.   partnered with more than 50 brands   launched  50  new  product  and  pack
            The growth  is driven  by  changing   globally to launch hand sanitizer tubes.   innovations in a matter of few weeks
                                              EPL’s flexible supply chain allowed the
            consumer behaviour towards more   brands to quickly launch the sanitizer   and  ramped  up  production  in  its
            convenience. Boom in e-commerce   tubes.                             core  category  by  a  100  times.  This
            also offers huge potential for future                                enabled EPL to help over 50 brands
            growth  of  retailing in  India  which  in   Ritwik: Where do you have   globally that came to them for assis-
            turn  is pushing the growth  of  pack-  your manufacturing facilities,   tance. Agility of the company backed
            aging sector.  Since packaged  food                                  by nimble  decision  making ensured
            & Pharma is also the fastest growing   currently and what is the total   that  EPL  did  good  business  during
            segment, it is also expected to fuel  capacity? Any plans to have more   the pandemic.
            the demand of plastic packaging.  manufacturing  facilities?  Do     Ritwik: What prompted the
                                              you have manufacturing bases
            Ritwik: Who all are the key       in countries that you operate      acquisition  of  Creative  Stylo
            players in the field?             outside India?                     Packs Pvt Ltd?
            Vats: Key players in  tube packaging   Vats: EPL Ltd is equipped with 20   Vats: The  acquisition  of  Creative
            business:                         state-of-the-art  facilities,  spread  Stylo Packs is significant for EPL. We
                                                                                 can now be a stronger player in the
            „   EPL  Limited  (formerly  known  as   across 10 countries.  EPL  has an   beauty and cosmetics categories
                Essel Propack Limited)        expansive global reach  capable of   that  is growing rapidly.  Additionally,
            „   ALBEA                         supplying  a  perfectly  harmonized   the increased  product portfolio will
            „   Hoffman Neopac AG             system for all production needs. We   allow us to serve existing customers
            „   Montebello Packaging          deliver more than 8 billion tubes a   and drive better volumes and value.
            „   Viva                          year  to  400  clients  worldwide.  EPL   This acquisition improves our plastic
            „   Tupack                        has units operating across the USA,   tube capabilities,  which,  combined
            „   Alltub                        Mexico, Colombia, Poland, Germany,   with EPL’s strong equity  in  laminate
            „   CCL                           Egypt, Russia, China, Philippines and   tubes,  gives  the  company  a  vibrant
            „   Berry                         India. These facilities cater to 5 core   platform  for  growth.  Overall,  this
                                              categories of  Oral Care, Beauty &   transaction  will  accelerate  revenue
            Ritwik: What is EPL’s market      Cosmetics, Pharma & Health, Food &   and EBITDA growth for EPL.
            share?                            Nutrition and Home Care
            Vats: EPL  is a  global leader  in  lami-                            Ritwik: How do you see the
            nated  tubes  packaging.  It  is  one  of  Ritwik: Are you looking at new   laminated plastic tubes market
            the  few  global  players  in  the  tube  geographies/new countries?  grow in the years to come?
            packaging business. It has more than   Vats:  We  are  constantly  evaluating   Vats: The laminated tubes market
            20 per cent market share globally in   new  opportunities and countries to   is poised to grow  in the years to
            tube  packaging  and  leads  the  oral-  bring our expertise, experience and   come. There is an increasing trend of
            care segment with 33 per cent global   innovations to those markets where   conversion  from  aluminium  tubes  to
            share. EPL India is leading the pack   we  are  not  present  currently.  We   laminated tubes in the pharma sector.
            in Indian market with current market   recently did green field expansion   This gives a push towards increased
            share of over 50 per cent.        in  Assam for  serving North  eastern   use of laminated tubes. Additionally,
                Employing 3158 people from 25   customers in India. It also allows us to   innovations and flexibility of printing
            nationalities, EPL operates through   exports to countries such as Nepal,   and  decorations  in  the  laminated
            twenty state-of-the-art  facilities in   Bangladesh.                 tubes allow for a premium look that
            ten countries, selling about 8 billion                               most of the brands are looking for in
            tubes per  annum.  EPL  has units   Ritwik: Has the pandemic helped   the FMCG sector. EPL has innovated
            operating across the USA, Mexico,   you in any way to push up your   to  build  capability  to  produce  100
            Colombia,  Poland,  Germany,  Egypt,                                 per  cent  recyclable  laminated  tube.
            Russia, China, Philippines and India.   top line?                    This will further  solve for  sustain-
            These  facilities  cater  to  5  core   Vats: The Pandemic presented EPL   ability concerns and will be a growth
            categories of  Oral Care, Beauty &   with a  huge  business opportunity.   driver in the market.
            Cosmetics, Pharma & Health, Food   A massive opportunity had arisen in
            & Nutrition and Home Care; offering   the world for hygiene and sanitisa-
            customized    solutions  through  tion  products. But due to the lock-
            constant innovations in materials,   down these products were finding it
            technology, design and processes  difficult to get containers on time.
                                              One  of  EPL’s  guiding  principles  has
            Ritwik: There has been a surge in   been ‘agility’ in business and this was
                                              proven as the company leaped at this
            demand in areas like sanitization,   opportunity. A few changes to its way
            food, pharma. What has been       of working, focused prioritisation and



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