Tin an ancient metal is now widely used in metal packing industry around the world. India became a backbone of the industry when Tata acquired Corus, Hindalco acquired Novalis and Mittals acquired Arcelor. Packaging Industry is continuously evolving with new materials and design keeping tin industry on tenterhooks. Despite challenges from packaging like aseptic packaging, bag in box, substitution of plastic, tin industry is making a comeback due to longevity of food products in metal packing. The market for tin is valued at INR 25 billion and is growing at a rate of 6.3%. Further, wastage in agro products is high in India and there is a latent demand for processed food which may drive tin industry in India.
Bureau of Indian Standards (BIS) quality control order on tin plates has made imports of Cold Reduced Electrolytic Tinplate has to comply BIS, which will come into force in February 2016. Metal Container Manufacturers Association (MCMA) feels that the order, which will come into force by next month, needs to be reviewed as it will impact the metal packaging industry.
The tinplate Industry consumes around 550,000 tonnes of tin mill products (tinplate/tinfree steel etc), of which about 60 per cent is prime and 40 per cent non-prime. Domestic availability is about 325,000 tonnes and the balance is imported from different countries such as Japan, Korea, Brazil, Europe, USA, China, Venezuela, etc.
The firms in these countries follow rigorous global quality control orders and since India do