New Delhi Conference Highlights Booming Indian Label Industry
NEW DEHLI, India—Label Summit India 2007, which took place this month in New Delhi was a great success with 492 delegates attending the high-level conference to learn about the key factors stimulating growth in the Indian label industry both in the short and the long term.
With the current retail market in India worth $300 billion and the demand for consumer products and luxury goods increasing by 15 percent every year, the Summit provided the ideal gathering for label industry professionals from India and beyond to gain in-depth insights into these developments. A panel of senior representatives from brand owner organizations such as GlaxoSmithKline, Pepsico, and Reckitt Benckiser, spoke about what they are looking for in their label supplier, their future requirements, and the upcoming commercial opportunities being created in this huge consumer market.