Plastic shortages disrupt food and beverage packaging supply.

Thimmiah Napanda, Managing Director & CEO, Alternicq, highlighted that the sharp rise in crude prices and supply disruptions have created a dual challenge of inflation and material availability across the packaging industry. As companies prioritize continuity over cost, procurement cycles have lengthened and inventory buffers have increased, making strong supplier relationships a key competitive advantage. Napanda emphasized that securing material has become more important than short-term margin optimization, with scale and resilience emerging as critical differentiators. He believes the current disruption is accelerating a structural shift toward larger, integrated players capable of ensuring supply continuity.

India faces plastic packaging crunch: Crude oil prices and hoarding create scarcity for F&B firms