Rising application breadth in the electrical, electronics, and construction sectors, as well as a large market servicing a variety of industries, are among the primary reasons fuelling the industrial tapes market. The industrial tape market in India is now expanding at a rapid pace. Since last year, large refineries have begun producing essential raw materials required to make adhesives for tapes in-house, freeing the domestic market from imported material and allowing the export market to grow in the near future. While having said that cost-effectiveness and strong logistics capabilities will be crucial for players in the industry.
Since the last ten years, Wellpack Polyplast Industries has been one of the most reputable producers and exporters of BOPP self adhesive tapes. SKUs have been established by the firm in order to avoid logistics concerns. Adding further, in order to eliminate price fluctuation and create a transparent price policy for all, Wellpack Polyplast Industries is planning to build an infrastructure that will connect clients directly with dealers/distributors and traders. The firm is situated in Ahmedabad, India, and has a state-of-the-art, in-house production operation that includes coating, printing, and slitting machines.
“Our organisation is well-positioned in the market to assist buyers with both minor and significant needs. With a solid ecosystem in place, even small buyers would receive prompt responses and quality products. We would want to serve our specialty clientele regardless of where they are stationed,” says Jaimin Patel, Director at Wellpack Polyplast Industries. “Our product offering is entirely based on open business policies and continuous innovation. Continuous product quality improvement, backed by necessary creative techniques, has provided us with the necessary competitive advantage in the market today,” he adds.
A Solution-Focused Firm
Wellpack Polyplast Industries has always been a solution-focused firm, providing the greatest customer experience possible in order to close any gaps. Furthermore, Wellpack has never shied away from embracing cutting edge technology to drive automation in order to produce the most cost-effective and efficient product with continuous quality improvement. “Our company came a long way since the inception due to constant technological growth and customer acquisition. Since the last two years, our company has grown 40 percent YoY. We expect to double our production facility in the coming FY (2022-23). We currently are catering to more than 1700 domestic and international clients with presence across 19 States and 18 countries with more than 75 percent client retention ratio,” highlights Jaimin.
Wellpack Polyplast is well-positioned in the market to assist domestic and international buyers with both minor and significant needs, to create transparent commercial patter will be priority for industry will be our prime goal in upcoming years
Wellpack Polyplast Industries intends to build another high-speed coating plant next year in order to target the export market. In addition, the business is seeking to establish a separate coating line for specialty papers and films. Furthermore, it is developing SKUs in four distinct states to ensure effective product delivery. Furthermore, Wellpack Polyplast Industries is attempting to enter the Green Energy area with an investment of more than INR 25 million in the following year in order to meet the energy requirements.
“Since inception, constant innovation is helping us to maintain our profitability. We have always maintain our business policies to the optimum wherein, trust, integrity and transparency has been the key,” concludes Jaimin.
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