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When The Going Gets Tough . . .


November 11, 2008 | By S. Chidambar

With the economic downturn and financial crunch gripping most parts of the globe, what is the outlook for the Packaging industry, especially in South Asia? The unique thing about our industry is that it continues to grow even in periods of demand recession and GDP regression. People have still got to eat and buy essential requirements and, so, the packaging industry always shows positive growth even when faced with an economic downturn. In fact, except for the most mature economies, it has usually outstripped GDP growth even in the worst of times.
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