Two major carbon offset projects in the Brazilian Amazon whose credits have been sold to companies like GOL Airlines may have been used to launder timber from illegally deforested areas CCCA made the analysis at Mongabay’s request after an anonymous source highlighted the participation of people convicted of timber laundering in the projects The two projects cover a combined area of 140,862 hectares (348,078 acres) — twice the size of London — and aim to avoid 660,598 metric tons of CO2 emissions per year by preventing the spread of deforestation in one of the Amazon’s most under-pressure areas CCCA found evidence of possible timber laundering in two REDD+ projects in the south of Brazil’s Amazonas state REDD+ stands for reducing emissions from deforestation and forest degradation The idea behind it is that landowners receive money for protecting an area that could otherwise be deforested Emissions that are avoided as a result of this protection can then be sold as carbon credits; companies buying them can say to their clients and investors that they’re “offsetting” their carbon footprint and helping to fight climate change by keeping strategic forests standing CCCA found inconsistencies between the volume of timber declared to authorities and the logged volume estimated through satellite images — a mismatch that indicates these areas may have been used to launder the equivalent of more than 4,200 truckloads of wood denied in a statement to Mongabay any connection with timber laundering and said all of its initiatives are audited In Brazil, all timber must be accompanied by a document called a DOF Once a forest management plan is approved by environmental authorities its owner can issue a certain number of DOFs corresponding to the volume of trees they’re allowed to extract from that area Timber laundering in Brazil is illegal and involves buying fake timber credits from underexploited forest management projects The credit is issued by approved timber projects but the trees they correspond to aren’t cut down criminals use the fake documents to claim timber taken illegally from areas where logging is banned like Indigenous lands and conservation areas Some criminal groups in Brazil specialize in getting forest management plans approved by environmental agencies only to issue false timber credits Federal Police deputy Alexandre Saraiva told Mongabay in a video call “Once we got a phone tap in which the owner of a logging company said Saraiva worked on some of Brazil’s largest busts of illegal logging groups in the Amazon “Imagine a criminal organization that sells stolen cars That car will only be sold for a reasonable price if it has a document CCCA multiplied the logged area shown in the satellite imagery by the average volume of wood per hectare registered in each forest management plan authorization This average is calculated from a forest inventory made on the ground by the project’s proponent The result showed CCCA an estimate of how much wood was likely logged over a period of time CCCA then compared this to the volume declared to IBAMA If the volume of timber in the DOF system is substantially higher than that of the timber estimate it could indicate that the additional credits were used to cover timber logged elsewhere and laundered through these projects The analyses of the Fortaleza Ituxi and Unitor forest management areas showed several inconsistencies that strongly point to a possible case of timber laundering The most striking case is the forest management plan for Fortaleza Ituxi had only 35% of its area logged from 2018 to 2019 accounting for an estimate of around 48,588 cubic meters (1.71 million cubic feet) of wood the project’s owners reported having extracted 104,700 m³ (3.7 million ft³) from the area in the same period more than twice the logged volume estimated by CCCA “This is a fraud,” Saraiva said after reviewing CCCA’s findings CCCA said that its method provides approximated volumes, and real numbers can only be determined by a local audit. The complete report and methodology can be seen in a report published on the organization’s website a Federal Police forensic expert in Pará state said his team uses the same methodology as CCCA when they investigate illegal logging there has strong indications of timber laundering,” he told Mongabay in a video call Inconsistencies were also found in logging activities at the Três Barras ranch In one of the ranch’s forest management plans the proponents declared 25,371 m³ (895,968 ft³) of wood as sales but the CCCA estimated they extracted at most 71% of that volume In another forest management plan for the same ranch the volume declared was 24,148 m³ (852,779 ft³) but CCCA estimates they logged around 58% of that volume CCCA also found signs of timber laundering in Presidente Prudente another farm covered by the Unitor project where 18,547 m³ (654,981 ft³) was declared from a logged area the area shouldn’t have supplied half that amount “Those are strong indications of a possible credit transaction without real backing in the wood,” Mikael Freitas CCCA’s analysis suggests that 84,886 m³ (2.99 million ft³) of timber was covered by potentially fake DOFs issued by the carbon credit schemes which would be enough to launder the equivalent of more than 4,200 truckloads of wood “I’m impressed,” said Gustavo Pinheiro ​​who has worked for more than a decade in organizations like The Nature Conservancy and the Institute for Climate and Society “We knew there were technical problems with these projects While in some areas the projects extracted much less timber than they declared satellite imagery suggests extraction of 11,859 m³ (418,796 ft³) of wood but no timber was declared in the DOF system This also happened in another forest management plan in the Fortaleza Ituxi project where an area of more than 1,700 hectares (4,200 acres) was explored without proper paperwork “This dynamic of having one management plan executed in one way and another in another way indicates a process that is highly adapted to the irregularities of the timber market in the Amazon,” CCCA’s Freitas said All evidence points to a business model that isn’t concerned with environmental conservation we see an effort to over-optimize financial gain from the forest both through the apparent overexploitation of timber in some areas and through the use of other areas to generate DOF as well as the selling of carbon credits.” Both Unitor and Fortaleza Ituxi are led by Ricardo Stoppe Jr., a doctor from São Paulo, and certified by Verra one of the world’s largest voluntary carbon market registries and the most important for REDD+ initiatives said it only owns the forest management plans and that logging is carried out by third parties “We only mediate commercial relations with interested parties able to carry it out — companies that have their own staff and machinery to harvest the wood,” it said Grupo Ituxi also contested the findings of CCCA’s analysis saying satellite imagery isn’t enough to assess actual logging volumes which it added could only be achieved by an on-site inspection A Verra spokesperson said the company needs more details about the analyses before commenting on the findings Carbonext said it wasn’t involved with the forest management carried out in the area and that “there are no scientifically recognized ways of determining the volume of wood in forest management projects based solely on satellite images.” Brazilian authorities had already found signs of timber laundering in Unitor and Fortaleza Ituxi In October 2021, agents from IBAMA, the federal environmental agency, went to Divisa, a sawmill in Vista Alegre do Abunã district, at the border of BR-364 highway. According to IBAMA’s inspection report their goal was to verify a suspicious timber transaction of 13 DOFs corresponding to 233.76 m³ (8,255 ft³) of wood that the company declared to have received from a forest management plan in the Nossa Senhora das Cachoeiras do Ituxi farm where the Fortaleza Ituxi REDD+ project is located When the inspectors asked to see the timber the sawmill’s manager said: “There had been no movement of wood but only a virtual movement to adjust Divisa’s yard.” The agents concluded that the DOFs were aimed at “covering up the same volume of wood received illegally by the company.” the case was even more serious due to the sawmill’s proximity to Indigenous territories and protected areas under pressure from illegal loggers The agents also indicated this could be the tip of the iceberg since 11 other companies had received 55 DOFs from the same forest management plan during a period when the property was inaccessible At that time, the Fortaleza Ituxi carbon project was already generating credits certified by Verra. IBAMA fined Stoppe’s venture, named Stoppe LTDA 211,500 reais ($39,200 at the time) and blocked the company’s access to the DOF system It characterized the scheme as “a licensed [forest] management that used the preapproved credits to cover up illegally logged timber.” According to IBAMA Grupo Ituxi said “there was a problem with the registration of one of the documents” due to poor internet connection but that the timber was delivered to Divisa conservation units and unauthorized areas.” Stoppe told Mongabay that the Três Barras and São Sebastião farms aren’t managed by the Ituxi Group and that IBAMA’s suspension of Três Barras’s forest management authorization was made without any on-site inspection Três Barras is the largest property in the Unitor project and is located 12 kilometers (7.5 miles) from the BR-364 highway Mongabay visited the farm in August 2023 and found areas of cattle ranching and forest management None of the neighbors or the property employees we spoke to said they were aware it was part of a carbon offset project During a probe against illegal logging led by the Federal Police and the federal prosecutor’s office in 2017, known as Operation Arquimedes authorities identified the area as one of the sites allegedly used to generate false DOFs to cover up for illegal timber taken from elsewhere A judge has taken on the case but no trial date has been set yet “I remember Moço,” said Saraiva who worked on the Arquimedes investigation “He was an old-time wood entrepreneur who had a good part of IPAAM in his hands,” he added referring to the environmental agency in the state of Amazonas Mongabay made several attempts to contact Moço by email and phone to put the allegations to him Grupo Ituxi said Operation Arquimedes preceded the creation of the Unitor project Capelasso is also presented as being responsible for activities like “operational management structure” and “crediting period.” Capelasso said he wasn’t the “official owner” of the projects and recommended Mongabay get in touch with Grupo Ituxi Grupo Ituxi said the area was deforested before the company bought it Mongabay couldn’t reach Moura for comment a Brazilian company that describes itself as an environmental fintech (a financial technology company) that operates as a carbon credit broker Fortaleza Ituxi sold more than 1.2 million carbon credits to companies from 2022 to 2023, according to Verra. The prime client is Moss, who sold part of these credits to Brazilian low-cost carrier GOL Airlines one of the country’s biggest banks; and Hering are among the major clients of Forteleza Ituxi The credits were also used to offset emissions by the Japanese electronics giant Toshiba Toshiba didn’t respond to emailed requests for comment Stoppe owns five REDD+ projects in the Brazilian Amazon covering more than 400,000 hectares (nearly 1 million acres) an area more than three times the size of Los Angeles Two of these projects are still “under validation” or “under development” in Verra Stoppe was mentioned in investigations led by the Federal Police and the federal prosecutor’s office against Chaules Pozzebon known as one of the Amazon’s largest deforesters who laundered timber for an illegal logging scheme on the border of Amazonas and Rondônia states in the same region as the Fortaleza Ituxi and Unitor projects From December 2015 to August 2019, he reportedly issued the equivalent of 57,472 m³ (2.03 million ft³) of timber valued at 4.8 million reais ($1.2 million at the time) to J.M But the large distances between his forest management projects and its supposed clients garnered the attention of investigators “The distance between management and the sawmill ends up making transportation costly from a commercial point of view. This fact indicates that the management may be used only to allocate credits to J.M,” investigators wrote in a report. The federal prosecutor’s office in Rondônia told Mongabay that Stoppe wasn’t indicted by the Federal Police or charged by the prosecutor’s office in that case because there wasn’t enough evidence against him at the time nothing prevents the reopening of investigations and even the opening of a lawsuit,” it said in an email Grupo Ituxi told Mongabay that, “in the past, Chaules Pozzebon was one of the clients who extracted forest management from Fortaleza Ituxi.” It added there was no evidence of any connection between Stoppe and the conduct of those being investigated by the authorities. (Read the full statement here.) Public records analyzed by CCCA show that the timber credits that indicate laundering from the REDD+ areas were sent to dozens of sawmills among them four companies belonging to Pozzebon Stoppe and Moço also issued DOFs to several sawmills with a history of fines for storing and transporting illegally logged timber and for including fake information in the DOF system Pozzebon is currently in jail, having been sentenced to 100 years in prison in 2021 for extortion and being part of a criminal organization REDD+ projects are currently not subjected to any official regulation in Brazil, where Congress is still discussing the approval of a regulated carbon credit market many carbon offset projects must abide by methodologies like the ones created by U.S.-based certifier Verra a project must be verified by an independent auditor since the project developer pays the auditors’ fees “Auditing has to improve a lot and it has to come from a real third party not someone chosen by the project developer,” Bárbara Bomfim who was previously affiliated with the Berkeley Carbon Trading Project at the University of California “These people who run a lot of REDD+ projects are already creating relationships with these auditors ‘I’m going to hire you and I’ve already got 10 other projects in the pipeline so let’s do everything?’ So they end up becoming business partners.” Verra said there are various safeguards and ethical standards in place to ensure the auditors’ independence and impartiality, despite being paid by the entity being audited. (Read the full statement here.) The auditors from Rina pointed out a mismatch between the numbers declared in one table and the ones from a spreadsheet they’d received The case was closed less than 20 days later after the project proponent updated the information on the table “The verifiers aren’t even Brazilian they don’t know the Brazilian reality So these audits end up being very formal: ‘Do you have the document here formerly from the Institute for Climate and Society who recently joined the impact investment company Trie Capital “The fact is that the methodology is not doing what it sets out to do which is to guarantee the integrity of projects.” June 11 update: Carbon credit registry Verra has suspended the projects exposed by this report following arrests by the Brazilian police prompted by the results of the investigation Verra suspends carbon credit projects following police raid in Brazil See a related investigation by this reporter: A web of front people conceals environmental offenders in the Amazon West, T. A., Wunder, S., Sills, E. O., Börner, J., Rifai, S. W., Neidermeier, A. N., … Kontoleon, A. (2023). Action needed to make carbon offsets from forest conservation work for climate change mitigation. Science, 381(6660), 873-877. doi:10.1126/science.ade3535 Use this form to send a message to the author of this post. If you want to post a public comment, you can do that at the bottom of the page. The “fortress conservation” model is under pressure in East Africa, as protected areas become battlegrounds over history, human rights, and global efforts to halt biodiversity loss. Mongabay’s Special Issue goes beyond the region’s world-renowned safaris to examine how rural communities and governments are reckoning with conservation’s colonial origins, and trying to forge a path forward […] O endereço abaixo não existe na globo.com Brazil, Três Barras: In June 2021, WEG completed the supply of the WestRock Paper Mill Expansion Project, in Três Barras, state of Santa Catarina, Brazil. The solution package included a 59 MVA turbogenerator, e-Houses, low and medium voltage MCCs, frequency inverters, W22 WELL (WEG Extra Long Life), W50 and W60 motors, dry-type transformers and field services. Concerned about the technical requirements, WestRock, a company that owns the largest kraftliner paper mill in Latin America, chose WEG as a supplier for the optimization and expansion of its production capacity. With this expansion, production increased from 480 thousand to 750 thousand tons per year and the factory’s self-sufficiency in energy increased by 30 %. After feasibility analysis, WestRock chose for WELL (WEG Extra Long Life) motor’s technology that meet the reliability requirements demanded by the segment. The longer life time as well as lower maintenance of these motors are characteristics that directly impact the plant’s efficiency. The great challenge of this project was the interchangeability of the new equipment and the service provided without interrupting the operations of the existing plant. Reliability and trust are delivered by WEG with its broad portfolio available to the market. For the pulp and paper segment, the company has complete solutions, ranging from the supply of high efficiency motors to the most advanced automation systems, including the entire electrical infrastructure and power generation. They are innovative solutions that increase performance and improve the quality of customer’s product. With state approval, Xcel Energy will build a 280-km transmission line linking clean energy from southwest Minnesota to over 1 million homes across the Upper Midwest. The project, worth $284 M, includes new and upgraded substations to boost power supply and reliability across southern Peru, including the city of Cusco. Wandoan South Solar 2 to power 120,000 homes, avoid 568,000 t of CO₂ annually, and support Queensland’s net-zero ambitions. © 2013-2025 | All Rights Reserved MERIT MEDIA INT. thousands of tunnels dug by prehistoric animals have been discovered in recent years It’s opening up a whole new branch of paleontology But researchers face plenty of challenges in trying to study and preserve the paleoburrows Almost 2,000 paleoburrows have been found across South America mostly in the Brazilian states of Santa Catarina and Rio Grande do Sul This paeloburrow can be found in southern Brazil From the end of the road near a village named Tres Barras in southern Brazil it takes several hours to hike into a paleontological site little-known to those outside the region: Morro Grande Paleoburrow A “paleoburrow” is a tunnel made by a prehistoric animal Related: Health workers in Brazil fear COVID-19 cases may keep rising: ‘We cannot continue to trivialize these deaths’ Scientists believe they could be 12,000 years old The discovery is opening up a whole new branch of paleontology But researchers face plenty of challenges — including a lack of funding and modern development — while trying to study and preserve the paleoburrows They’re in a race against time to discover and protect them before it’s too late The trail to Morro Grande Paleoburrow winds up a valley passing back and forth over a river that meanders downstream a massive hole on the hillside comes into view The main gallery of the paleoburrow outside is huge The ceiling is maybe two or three stories high with four tunnels leading off in different directions This is one of the largest and most well-known paleoburrows locals in southern Brazil said these tunnels were dug by the Xokleng Indigenous peoples in order to hide out when under attack by colonizing Europeans researchers confirmed it was a paleoburrow Related: Bolsonaro’s Cabinet reshuffle triggers worst military crisis since the ’70s You can tell by the claw marks — the defining feature of many paleoburrows found in the region Scientists say they are the mark of the giant ground sloth deep parallel gashes scrape across the ceiling and sides of the cave names and words have been carved into the sandstone walls “It’s been really degraded since the first time I came here,” said guide Marcelo Crepaldi “When I was first here in the 1990s with a local school trip there are even walls collapsing from being messed with.” The Paleoburrows Project an initiative composed of researchers from several universities has waged a campaign to raise awareness about the existence of paleoburrows and fight misinformation Related: Brazil saw its first COVID-19 death a year ago. Today the death toll nears 300,000. Geologist Heinrich Frank from the Federal University of Rio Grande do Sul is one of the coordinators of the Paleoburrows Project and a top paleoburrow researcher He happens to live in an area with one of the greatest densities of paleoburrows in the world driving home from work outside of Porto Alegre I went there and saw it was a tunnel,” he said He said he and his team have found maybe 1,500 paleoburrows since Now that people know what paleoburrows are they often search out Frank when they think they may have come across one he pulled up pictures from his latest trip into the field before the pandemic “I continue to get excited when I enter into a really well-preserved paleoburrow with a lot of claw marks I get excited because it’s the home of a prehistoric animal and we are the first to go inside.” “I continue to get excited when I enter into a really well-preserved paleoburrow with a lot of claw marks,” he said “I get excited because it’s the home of a prehistoric animal and we are the first to go inside.” But these are not easy times for research in Brazil Major budget cuts to education have impacted grants and investigations “What’s most important right now is survival. Training our students and trying in one way or another to keep our research alive,” said Sao Paulo State University’s Francisco Buchmann over the phone recently Related: Brazil’s Supreme Court throws out corruption convictions against former President Lula He’s a founding father of paleoburrow research; he discovered one of the first paleoburrows in Brazil two decades ago Paleoburrow researchers are also fighting time “There were condominiums of giant armadillos there “There were condominiums of giant armadillos there,” Frank said describing a major cluster of paleoburrows that he and his team found several years ago That’s the contradiction in paleoburrow research It’s development — new houses or highway expansion — that often cuts into the ground and makes it possible to discover these burrows it’s only a matter of time until most are destroyed by the elements developing methods of research in this new field “This is so important because you can reconstruct the home of a prehistoric animal This research doesn’t exist in any branch of paleontology “Our group is on the new frontier in this area And we wish there were others working with us.” delivered to your inbox every weekday morning Thanks to our sponsor PRX is a 501(c)(3) organization recognized by the IRS: #263347402. Be one of the first to try our new activity feed! Tap “Home” to explore. A photographer's journey reveals unimaginable climbing wealth and beauty, and barely scratches the surface of possibilities. Novak found the rumors substantiated, with over 50 climbing areas in Minas Gerais. Development began around Milho Verde in 2017. In just five years, Milho Verde has exploded into one of Brazil’s most important climbing areas, now with over 2,000 lines, including boulders up to V14, sport routes up to 5.14, and a spackling of spicy multi-pitches. And that’s just the beginning. The potential is staggering—90 percent of the rock in the region remains untouched. And that stone, says Novak, is “The most hallucinogenic that I’ve ever seen or touched. Every route is unique—you can find in the middle of the climb the smooth texture like in Fontainebleau, while the rest of the route is on quartzite crystals. Every line is a king line.” Of course, you can never have too much climbing, and Tres Barras, only five miles from Milho Verde, delivers endurance until your forearms are as tight as grilled Johnsonville Brats. But then, as Novak’s images will attest, Serra do Cipó isn’t to be missed. This, Brazil’s premier sport-climbing area and a national park, dazzles with over 700 routes on mint limestone. Sounds good right? And now is the time to go. Brazil remains in the grip of an ongoing recession, and the dollar might never stretch so far again, with lodging found for as little as $10 a night and all-you-can-eat delicious local cuisine going for as little as $3 a meal. So go, gorge yourself—on rock, of course. News & Analysis for the Beverage Industry 28-Jan-2014 Last updated on 18-Mar-2017 at 03:25 GMT The announcement of the containerboard line comes on the back of a three-year, $480m investment in MWV’s integrated platform (forests, paper and packaging) to expand its businesses in Brazil. HyPerform has been improved to make paperboard run more smoothly, increasing productivity and improving performance. Jairo Lorenzatto, director of operations, MWV Rigesa, said the company is ‘on track to produce nearly half a million tons of HyPerform this year’. “The HyPerform line has a better performance compared to other alternatives in the Brazilian market, since it allows a grammage reduction of up to 20% in corrugated packaging production.” The bulk of the investment for the project was directed towards the expansion of its Três Barras mill, in Santa Catarina, southern Brazil, including the acquisition of a paper machine for kraftliner production. Lorenzatto said with these investments, the company has doubled its production capacity at Três Barras, and it has seen strong market growth in Brazil and across Latin America. The HyPerform line is certified by CERFLOR, which is under the umbrella of the PEFC forest certification system. “The new production process at Três Barras brings environmental advantages, with a reduction of 10% in greenhouse gas emissions and 61% in water consumption, it generates 70% less water effluents and 58% less solid residues,” added Lorenzatto,. MVW Rigesa is a company of MeadWestvaco Corporation (MWV) group, which was established in Brazil in 1942. How to create a prebiotic soda that meets European flavor expectationsPaid for and content provided by esarom How to meet consumer needs for indulgencePaid for and content provided by Agus RTD coffee: Convenience and energy boosting - but what comes next?Paid for and content provided by esarom A surveillance camera capture a man's final hug with his mother hours before she was killed in the Voepass Airlines crash in Brazil. The heartbreaking video shows Denilda Acordi, 71, and her son Rafael Acordi outside her home in Três Barras, a town in the southern state of Paraná.  The mother can be seen waving before turning to embrace her son. The pair has a brief exchange before Denilda Acordi steps into a car bound for Cascavel Regional Airport in Cascavel, Paraná. The retiree was on Voepass Airlines Flight 2833 bound for São Paulo-Guarulhos International Airport in São Paulo, where she was scheduled to take a connecting flight to Brasilia to visit her 93-year-old mother, her brother and granddaughters. 'I lost my best friend,' Denilda Acordi's sister, Ines Pavanelli, 60, told UOL Noticias. 'Our mother is 93 years old and still doesn't know about the tragedy.' Denilda Acordi was a widow and had three children and six grandchildren. She was the oldest of nine siblings. A retired owner of an accounting firm, she devoted her free time to visiting patients in area hospitals. 'God and family always came first, and whenever she could, she practiced charity in different situations,' her son said. 'So, as she was a very charitable woman, she took part in several projects and helped many people. She didn't seek publicity with this, none at all.' '(She) had a simple life and lived to give her time to those who needed it the most,' Pavanelli said. 'I will forever remember her last message on WhatsApp before boarding the plane, which said, "Inês, thank you for the coat, it's really cold here. I'm going to wear it, I won't be without it. Then, I'll give it back to you later. Thank you." ' Denilda Acordi's daughter has been gathering some of her personal items to help authorities identify her remains through DNA testing. 'My niece called me to say that she has started collecting genetic material, presenting documentation and examining dental records,' Pavanelli said. 'This is the only way to identify some of the bodies that are very charred. We still don't know what my sister's condition is. The identification process could take months.' According to Pavanelli, Voepass Airlines has made flights available for family members to travel to São Paulo and assist with identifying the remains of their loved ones. 'They told us that at first they will try to identify them using dental records. They asked that the relatives tested be (immediate family members). They said that some bodies were not completely charred,' Pavanelli said. At least 16 of the 62 victims had been identified as of Monday, according to the Forensic Medical Institute in São Paulo. The Aeronautical Accident Investigation and Prevention Center, which is under the supervision of the Brazilian Air Force, finished its preliminary report Monday. 'On the route between Cascavel and Guarulhos, the aircraft suddenly lost altitude and crashed into the ground,' the report stated.  The Brazilian Air Force added that it is now awaiting 'the collection of other necessary information, in order to identify possible contributing factors.' The Voepass Airlines ATR-72-500 turboprop aircraft took off from Cascavel Regional Airport at 11:46 a.m. Flightradar 24, which provides flight data, showed that the airplane reached an altitude of 17,000 feet 24 minutes into the flight. The aircraft transponder indicated a loss of altitude at a rate between -8,000 feet to -24,000 feet per minute in the last 60 seconds of the flight. The airplane crashed in the backyard of a condominium complex in Vinhedo, São Paulo at around 1:30 p.m. Major terror attack 'was just HOURS away' before it was foiled by the special forces and police:... Victim of acid attack 'plotted by his ex-partner who teamed up with a gang' dies in hospital six... 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No one seems to have shared their thoughts on this topic yetLeave a comment so your voice will be heard first. {{message}} Subscribe to our English language newsletter and keep up-to-date with the most important news from Brazil All materials contained in this page may not be reproduced in any media without the prior written permission of Folhapress Leveraging economic growth for packaging in India Manufacturing is expected to be a major driver of economic growth in India — especially since the launch of Prime Minister Narenda Modi’s new campaign ‘Make in India.’ The aim is to accelerate progress toward a new era of high-quality Indian manufacturing and transform the country into a global manufacturing hub ‘Make in India’ is directed at developing the market and encouraging global investments leveraging public-private partnerships and initiatives that improve the ease of doing business in India Rakesh Tripathi, director of strategy at MWV India tells Packaging South Asia that the Indian economy is expected to grow at 6.4% this year and as it continues to return to higher single digit growth manufacturing offers significant opportunities for job creation and economic growth Among the many advantages of manufacturing in India are cost competitiveness and a sizeable working age population “A disproportionate share of labour works in agriculture only employ one-quarter of the labour force.” This drive to grow manufacturing will employ more workers contribute to the rise in disposable income and drive lifestyle changes for the average Indian citizen Strong economic growth also indicates potential for an increased demand in higher-quality packaged goods India is the world’s sixth-largest packaging market valued at US$ 24.6 billion with a growth rate of more than 15% annually — more than double the global average which indicates a very strong future for packaging in India at least “Our global Packaging Matters study data reveals that packaging plays a major role in product satisfaction for Indian consumers across every product category Indian shoppers prefer to purchase products in-store where the look and feel of packaged goods can sway consumer opinion Packaging Matters shows that 65% have tried a product because the packaging caught their eye on the retail shelf and more than half (55%) have purchased a product again because of its packaging.” we are investing in our operations accordingly and we believe that challenges in the pulp and paper sector can be overcome to enhance the performance of the box our manufacturing facilities in India are home to high quality corrugated paperboard and packaging for FMCG Our new paper machine will bring a variety of new paperboard products and grades This added capacity will enable us to develop high-quality solutions for the unique needs and scale of the Indian market,” he adds India’s retail market is the fifth-largest in the world and has been ranked as one of the top two most attractive for investments While online shopping is less common than brick-and-mortar India is one of the fastest-growing eCommerce segments in Asia-Pacific eCommerce in India represents a value of around US$ 3.5 billion and is expected to quadruple by 2016 The burgeoning eCommerce industry has opened up new avenues for consumer packaged goods and by extension “We see significant opportunities for higher quality and more innovative packaging solutions in corrugated markets healthcare and personal care — largely due to new retail channels and a fast growing middle class,” Tripathi concludes An English-language packaging industry B2B platform in print and web Packaging South Asia is in its 19th year of publication We do not make any claims about being the best or the most widely read if you are interested in targeting the Indian and South Asian markets to sell equipment To improve your marketing and grow sales, talk to us. Our research and consulting company IppStar [www.ippstar.org] can assess your potential and addressable markets in light of the competition and sales strategies for market entry and growth Suppliers and service providers with a strategy and budget for targeted marketing can discuss using our hybrid print and social media channels to create brand recognition linked to market relevance Our platform and channels are differentiated by hands-on practice and an understanding of business and financials including some of the best technical writers is ready to meet you and your customers for content India and South Asia’s fast-growing packaging industry is continuously expanding capacities with efficiency and appropriate innovative technologies Get our 2025 media kit and recalibrate your role in this dynamic market Enhance your visibility and relevance to existing markets and turn potential customers into conversations Ask for a sample copy of our monthly or two weekly packaging eZines For editorial info@ippgroup.in — for advertisement ads1@ippgroup.in and for subscriptions subscription@ippgroup.in Check your inbox or spam folder to confirm your subscription.