Avery Dennison; Update and Outlook

Avery Dennison – Update

On 19th April 2022, Avery Dennison, a leader in global materials science and manufacturing, commenced operations in its new state-of-the-art manufacturing facility in Greater Noida. Through this new facility, the company has consolidated its manufacturing operations in order to better serve customer demands while optimizing the new technology and leveraging the improved efficiencies. A transition of the facility and employees based out of Gurgaon plant has taken place, with the expanded operations in the Noida plant. However, the corporate office of the company continues to be in Gurgaon.

Spread over an area of 12 acres, the new state-of-the-art plant produces technologically advanced pressure-sensitive materials for the labeling and packaging industry, incorporating best practices available across Avery Dennison globally. The new facility, whose land has been allotted by Yamuna Expressway Industrial Development Authority (YEIDA), is equipped with the latest high speed coating technology and has state-of-the-art coating and lamination lines, along with high-speed slitters and sheeters. The plant is equipped with next-generation technology in line with industry 4.0. This facility is designed and constructed as per Green building standards and with installed solar power for green energy.

Avery Dennison – Outlook

Speaking about operations of Avery Dennison in India, Saurabh Agarwal, Vice President and General manager, Label and Packaging Materials, South Asia for Avery Dennison responded in detail as hereunder,

“Avery Dennison has been at the forefront of pressure-sensitive adhesive technology for over eight decades, adapting to dynamic global and local landscapes.

As a global leader in material science and digital identification solutions, we operate in over 50 countries, and employ approximately 34,000 employees worldwide.

We provide a wide range of branding and information solutions that optimize labor and supply chain efficiency, reduce waste, advance sustainability, circularity and transparency, and better connect brands and consumers. Our products and solutions include labeling and functional materials, radio frequency identification (RFID) inlays and tags, software applications that connect the physical and digital, and a variety of products and solutions that enhance branded packaging and carry or display information that improves the customer experience.

We lead in serving an array of industries worldwide, including home and personal care, apparel, general retail, e-commerce, logistics, food and grocery, pharmaceuticals and automotive.

In India, our presence for over 25 years underscores our commitment to innovation and customer-centricity. With manufacturing, distribution, and R&D hubs across four major cities, we closely align with the "Make in India" initiative. Our focus on sustainability, employee well-being, and societal impact distinguishes us, earning us recognitions such as one of the “Most Trusted Brands of India” , “Great place to Work’ certified and "ET Best places to Work" for several consecutive years. Beyond people, our ability to identify and capitalize on emerging trends sets us apart.

Key trends like increasing need of anti-counterfeit measures, premiumization, sustainability-driven innovation, digitization, and the growing demand for intelligent labels have propelled our innovation. Addressing consumer needs and effectively solving their challenges drives our team at Avery Dennison.

In recent years, we have relentlessly focused on becoming a trusted partner for our customers, brands, and ecosystem. Our unique portfolios are tailored to address the trends shaping future packaging demands. From wash-off labels enabling circularity for glass bottles to linerless labels reducing waste, our solutions encompass a range of premium packaging labels, anti-counterfeit/ security labels, smart labels and functional labels. These innovations not only enhance supply chain efficiency but also bolster brand perception among consumers. As we embrace the heightened focus on packaging and envision the future by 2030 for India, we remain committed to delivering innovative and forward-thinking products and solutions to the industry.”