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Tupperware India to Stop Usage of Single-Use Plastic for Product Packaging

Speaking about the initiative, Deepak Chhabra, Managing Director, Tupperware India said: "Our global vision 'no time to waste'

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Tupperware, India, Plastic
After six months of thorough research, evaluation of options and initial testing in India and select international markets, the brand is ready to switch from single use plastic packaging to compostable packaging material starting October 1, 2019 for all future manufacturing in India. Pixabay

 Kitchenware and culinary brand Tupperware India has announced to stop the usage of single-use plastic for product packaging from October 1, and instead use recyclable paper based compostable packaging material.

In a statement, the company has said that the transition would increase the company’s expenditure by around 7 per cent, but the company would not pass on the rise in cost to the consumers.

“After six months of thorough research, evaluation of options and initial testing in India and select international markets, the brand is ready to switch from single use plastic packaging to compostable packaging material starting October 1, 2019 for all future manufacturing in India,” it said.

Tupperware, India, Plastic
In a statement, the company has said that the transition would increase the company’s expenditure by around 7 per cent, but the company would not pass on the rise in cost to the consumers. Pixabay

Speaking about the initiative, Deepak Chhabra, Managing Director, Tupperware India said: “Our global vision ‘no time to waste’ is also aimed at significantly reducing plastic and food waste through product innovation, packaging reduction, operational goals and strategic partnerships.”

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As per the company, the 100 per cent recyclable packaging is not only safe for the environment but has passed all safety tests conducted across India, Brazil and Indonesia. (IANS)

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5G Carries Potential to Contribute to India’s GDP Growth by the Year 2025

AR, VR and AI will all come together to form ‘extended reality', it added

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"5G is the promise of a better quality of life for all and exceptional opportunities. It will allow to adapt life to our needs," he said. VOA

A KPMG report on Monday said that 5G technology has the potential to add 0.35-0.5 per cent to India’s gross domestic product (GDP) by 2025.

The report further said that India Inc has the potential to unlock $48.69 billion (Rs 3,408 billion) in four years through the deployment of 5G.

The government has set a target of becoming a $5 trillion economy by 2024-25. In 2018-19, the Indian economy stood at $2.72 trillion.

“We estimate that the 5G contribution to annual GDP will likely be in the range of 0.35-0.5 per cent by 2025. The absolute value unlocked is expected to be highest in the retail sector, followed by finance and then the technology sector,” said the report released at the India Mobile Congress 2019.

It further said that IT will be the “most immersive, intelligent and inventive of all technologies”.

Intel
Top Intel Executive said that India needs to roll out 5G faster in order to take advantage of the economic benefits it can bring to the nation. Pixabay

“Blockchain is a technology trend that has seen wide implementation during 2019 and its applications will continue to expand beyond cryptocurrency, it said.

The survey ranked artificial intelligence (AI), augmented reality (AR)/virtual reality (VR), cognitive computing and machine learning as the top technologies that will have the highest potential to generate immersive experiences, but noted that they are nascent in terms of their evolution and adoption.

AR, VR and AI will all come together to form ‘extended reality’, it added.

Also Read: Users Clueless on Snapchat’s Global Outage

Commenting on the report, Purushothaman K.G., Partner and Sector Lead for telecom at KPMG in India, said: “The future value that will be delivered through telecom operators is not by being the provider of ‘connectivity’ but as being a trusted partner and platform provider offering value and services and experiences to customers.

“We are living in exciting times where new technologies like 5G, IoT, AI and AR/VR promise to revolutionise connectivity and unlock value by creating better, more secure and personalised experiences for everyone.” (IANS)