Aluminium cans are every day commodities that people come across on a regular basis, whether it’s while they are grocery shopping, taking their lunch break, or pondering in front of a vending machine. The aluminium beverage can is now the popular choice for carbonated and still soft drinks, mineral waters, beers and lagers. The process involves drawing and ironing of a sheet or blank of a material, untinned low-carbon cold-rolled steel, to develop a tabular piece. The tabular piece acts as the can body.
The packaging industry in India is estimated to reach $73 billion by 2020, from $32 billion in 2015, says a study by Federation of Indian Chambers of Commerce & Industry and Tata Strategic Management Group. The country’s packaging industry is set to register 18 per cent growth, year-on-year with sub-sectors like flexible packaging and rigid packaging to grow annually at the rate of 25 per cent and 15 per cent respectively. Indian market for beverage cans shows that a 60 per cent share is accounted by beer and the rest by carbonated drinks. The aluminium beverage can market is valued at around $2 billion and is logging 21 per cent growth each year. As a whole any entrepreneur can venture in this project without risk and earn profit.
Few Indian major players are as under
· Bharat Containers (Nagpur) Pvt. Ltd.
· Hindustan Tin Works Ltd.
· Kandhari Beverages Pvt. Ltd.
· Punsumi Foils & Components Ltd.
· Zenith Tins Pvt. Ltd.