10th October, 2025

Dear Members,

At the outset, let me extend my warm wishes to you and your families on the joyous occasions of Shubho Bijoya and Diwali. May this festive season bring prosperity, happiness, and renewed energy to us all.

As we celebrate, we must also remain mindful of the challenges confronting our industry. The implementation of GST 2.0 has created fresh headwinds for the corrugated packaging sector. Being a 100% MSME-driven industry, already operating under high cost pressures, the disparity in GST has further deepened the crisis. Rising input costs, uneven tax structures, and narrowing margins are making sustainability increasingly difficult for many of our units.

Despite these challenges, I firmly believe that with our collective strength, unity, and continued engagement with policymakers, we can strive to address these concerns effectively. EICMA, along with FCBM, is committed to voicing the interests of our members and ensuring that our industry’s contributions to the nation’s supply chain and economy are duly recognized.

Let us take inspiration from the festive spirit—of light dispelling darkness—and continue working together to overcome the obstacles before us.

Wishing you all a prosperous season ahead.

Warm regards,
Pradip Agarwal
President, EICMA