Page 66 - Glass Machinery Plants & Accessories no. 4-2019

INTERVIEW
Interview

PIRAMAL GLASS

beating the stereotype

RAJEEV JETLEY

Indian Pharma and cosmetic glass bottle leader

takes on the global luxury container glass giants.

MP&A: In your opinion, perfumery segment contributes
what would the approxi- around 80 per cent of the total
Gmate market (value or cosmetic glass packaging indus-
volume) of the global cosmetic try and Piramal Glass captures
glass packaging industry? What around 4 per cent of this market.
is your company’s market share In the cosmetics segment (mainly
Vijay Shah, Vice Chairman in this market? nail polish), Piramal Glass is one
- Piramal Glass & Executive Vijay Shah: The global cos- of the largest players in the world
Director - Piramal
Enterprises Ltd. metic glass packaging industry and captures around 40 per cent
is estimated to be around USD of the market.
2.25 billion as per value basis.
Piramal Glass captures around GMP&A: How much of your
6-7 per cent of this market. The output from Indian and Sri

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