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From creation to disposal, plastics industry is poised for transformation via AI: Jeevaraj Gopal Pillai, UFlex

Economic Times LogoEconomic Times8h ago

From creation to disposal, plastics industry is poised for transformation via AI: Jeevaraj Gopal Pillai, UFlex - Economic Times

Quick Summary:

AI can optimise manufacturing processes by analysing vast amounts of data, thereby improving efficiency, reducing waste and enhancing product quality, says Jeevaraj Gopal Pillai, Director, Sustainability & President, Flexible Packaging and New Product Development, UFlex.

JGP: The future of sustainable flexible packaging is characterised by innovation and increased environmental awareness, responding to both consumer demand and regulatory pressures.

ET: Sustainable packaging from traditional packaging comes with financial challenges for businesses as profit margins can be impacted — sustainable materials tend to be more expensive initially than conventional alternatives.


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Article Details

Author / Journalist: Ashish Pandey

Category: Business

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-10 @ 14:21:25 (8 hours ago)

News Timezone: GMT +8:00

News Source URL: economictimes.indiatimes.com

Language: English

Article Length: 1698 words

Reading Time: 10 minutes read

Sentences: 60 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Economic Times

News ID: 22977399

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About Economic Times

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Main Topics: Business

Official Website: economictimes.indiatimes.com

Update Frequency: 6 posts per day

Year Established: 1961

Headquarters: India

News Last Updated: 9 hours ago

Coverage Areas: India

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Publication Timezone: GMT +8:00

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Publisher ID: #84

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