| Flexible Packaging & Labeling | Design and manufacture of flexible consumer packaging, labeling solutions, and tube laminates for multiple end-use sectors. | Strong market leadership with 65% share, longstanding client relationships, proprietary technology transfers, and extensive manufacturing footprint. | Primarily B2B serving FMCG companies like HUL, Nestle, Colgate, healthcare, personal care, and export clients in South Asia. | Sustainable, mono-material packaging solutions and technology-driven flexible packaging have the highest profit margins. | 2450 | 100 | Sales of packaging materials and labeling services to FMCG, healthcare, and personal care companies. | Direct sales contracts with fixed and negotiated pricing models tied to volume and contract terms. | Demand growth in FMCG and healthcare, innovation in sustainable packaging, capacity expansions, and rising outsourcing trends. | Huhtamaki Flexible Packaging Solutions |