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Home > Press > 4 Days – 4 Sectors! The Future Growth Engines in the Indian Chemicals, Materials & Food Industry

Abstract:


Key Focus of "Accelerating Growth in Chemicals, Materials & Foods"

A Frost & Sullivan Executive MindXchange

4 Days – 4 Sectors! The Future Growth Engines in the Indian Chemicals, Materials & Food Industry

MUMBAI, India | Posted on June 11th, 2008

The Chemicals, Materials & Foods practice of Frost & Sullivan, a global growth consulting company, is for the first time, organizing a four day Executive MindXchange titled, "Accelerating Growth in Chemicals, Materials & Foods," which will focus on four emerging markets such as Functional Foods, Flexible Packaging, Performance/Specialty Chemicals and Carbon Credits. This premium conference is scheduled to be held from June 23-26, 2008 at the Leela, Mumbai from 9:00 am to 6:00 pm. Each day endeavors to be power-packed with the industry's best gathering under one roof, for in-depth discussions and debates on key issues governing each sector.

Today, while the changing business models, outsourcing opportunities and the pressure of REACH is foremost on the chemical manufacturer's mind, the Food & Beverage industry is competing to gain the first mover's advantage in the rapidly evolving functional foods segment. On the other hand, with the packaging of products becoming significant with consumers' prioritization of appearance; flexible packaging is now the fastest growing type in the world. And, the industry at large and the renewable energy sector in particular across South and Southeast Asia are looking to capitalize on the financial instrument, ‘Carbon Credits.'

These developments present tremendous opportunity and growth potential for Indian industry participants. Frost & Sullivan, as a global growth consulting company, is looking towards providing solutions to these "business redefining" issues at this summit. This conclave will witness senior level participation from CxOs, VPs, Directors, Business Heads, covering key functional areas such as business strategy and alliance management, business developments, R&D, product development, product management and supply chain management.

According to Mamta Wadhwa - Sr. Director, Chemicals, Materials and Foods Practice, Frost & Sullivan, South Asia and Middle East: "India today is no longer isolated from the world. Growth in industries such as foods, performance chemicals, packaging is happening due to rise in domestic demand as well as increased opportunity due to globalization. Performance Chemicals industry constitutes only 20 percent of the total chemical industry in India, but the market is growing at more than 15 percent y-o-y as compared to the growth of the chemical industry, which is pegged at 10 to 11 percent. Similarly, the Rs.10,000 Crore flexible packaging industry is growing at 17 percent y-o-y. Flexible packaging industry is also driven by the high growth of the Foods and Beverages sector, which in turn is driven by increased consumerism, urbanization and exposure to international product formats due to the retail boom. These industries today are dynamic and rapidly evolving, and the Summit aims to capture and share knowledge about the key challenges that are affecting market participants."

Monday, the 23rd of June, will focus on Functional Foods. It will see industry players such as Pepsico, Danisco, Marico, GSK Consumer, amongst others, take center stage to address, ‘Opportunities and Future Trends in Health Snacks, Digestive Health Products and Kids Nutrition,' ‘Novel Ingredients that are expected to Revolutionize the Indian Industry,' ‘R&D and Innovation Driven Business Dynamics - Key Success Factors and Case Studies,' ‘Marketing Functional Foods: Product Differentiation by Packaging,' ‘Functional Foods: Regulatory concerns in Claims, Labeling and Manufacturing,' to name a few.

Day II, 24th June, 2008, will focus solely on the Flexible Packaging sector. Besides touching upon the current and future scenario of Flexible Packaging in India, its role in market promotion, this MindXchange will also take into account ‘Consumers Perspective - Impact of Flexible Packaging on Demand, Rationale and Trends' and cover ‘Emerging Trends in Plastic Film Manufacturing,' ‘Emerging Technologies and Technological Requirements,' ‘Innovative Polymers for Emerging Demand in Flexible Packaging,' amongst other issues. These would be addressed by key industry players like Britannia, Reliance Industries, Windmoller and Holscher (India), Nichrome India, The Paper Products Ltd. and Marico Ltd.

The highlight for day III, 25th June, 2008, which will focus on Specialty/Performance Chemicals, will be the CEO Round Table. This will see high-profiled industry luminaries from Jubilant, Dow, Danisco, Arkema, Dorf Ketal, Croda come together to discuss ‘Global Growth Opportunities and Challenges for the Indian Chemicals Industry.' Tata Chemicals Ltd. will also be present and will cover ‘Nanotechnology and its Implications for Specialty/Performance Chemicals.' Besides this, companies such as Asian Paints, Procter & Gamble and others will also make their presence felt by speaking on usage trends of specialty chemicals in key end-use industries, including emerging opportunities.

Day IV marks the end of this summit, but not before focusing on one of the most important components that has been implemented to mitigate global warming, that is, Carbon Credits. Players such as GTZ CDM - India, Multi Commodity Exchange of India (MCX), The Asia Carbon Group amongst others will speak on topics such as ‘Introduction to Carbon Credits: Global Scenario and Potential for India,' ‘Project Eligibility and Initialization, How to start a Clean Development Mechanism (CDM) Project and what to consider,' ‘Processes, Formalities, Challenges and Risk Mitigation in Implementation of a CDM Project,' ‘Role of Futures Trading to Mitigate Carbon Market Risks,' ‘Investor's Perspective: CDM Financing Options.' This conference will serve as a conclave of thought leaders and serve as an ideal platform for networking and initiation of business partnerships.

Partners:

* AllanaSons India is the Gold Partner for the four day summit. Beverage & Food World, Modern Food Processing, Processed Food Industry and Times Food Processing Journal are the official media partners for the Functional Foods stream on Day I.
* For the Flexible Packaging stream on Day II, official media partners include, ET Polymers, Indian Printer and Publisher, Modern Packaging & Design, Packaging Plus, Packaging South Asia and Screen Print India.
* Chemical Industry Digest, Chemical Weekly, Chemical World, Global SMT & Packaging and Modern Plastics & Polymers are the official partners for Day III focusing on Specialty/Performance Chemicals sector.
* Lastly, Argus Media, Chemical Engineering World, Chemical Industry Digest, Carbon News, Chemical World, carbonyatra.com and Ethanol India are the media partners and Growdiesel is the supporting partner for Day IV focusing on Carbon Credits and Value Chain.

####

About Frost & Sullivan
"We Accelerate Growth" – Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, partners with clients to accelerate their growth. The company's TEAM Research, Growth Consulting and Growth Team Membership empower clients to create a growth-focused culture that generates, evaluates and implements effective growth strategies. Frost & Sullivan employs over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 30 offices on six continents.

For more information, please click here

Contacts:
Frost & Sullivan
Corporate Communications – South Asia
Remi Chatterjee
+91.22.4001 3419
fax: +91.22.2832 4713

or
Corporate Communications – South Asia and Middle East
Nimisha Iyer
+91 22 4001 3404
fax: +91 22 2832 4713

Copyright © Business Wire 2008

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