Schott Kaisha, a joint venture between Mainz, Germany-based Schott AG and Mumbai headquartered Kaisha Manufacturers Private Limited, that makes pharmaceutical packaging will invest over $90 million to set up new facilities and expand existing ones.
The increased capacity will cater to the growing demand of ampoules, vials, syringes, cartridges and sterile solutions. The company will focus on the domestic market first, with a current supply to export ratio of 75:25.
Rishad Dadachanji, director, Schott Kaisha said,”The Indian packaging industry is undergoing rapid growth — we are seeing an exponential growth after a slowdown two to three years ago.”
India’s pharmaceutical packaging market is expected to reach $2 billion by the end of 2023, as there is huge demand for an increased supply of high quality primary packaging material.
Last updated: December 26th, 2025
