A Study on Prospects and Problem Faced by Polybag Manufacturers in Tirupur

A Study on Prospects and Problem Faced by Polybag Manufacturers in Tirupur

*Dr. Ravishankar S Ulle **SURYA K

*Research Guide, faculty of Management Studies, CMS Business School, Jain deemed to be University

**MBA student, faculty of Management Studies, CMS Business School, Jain deemed to be University

Abstract

The polybag manufacturing industry in Tirupur is an essential part of the region's economy, providing packaging solutions for various sectors such as retail, food, and textiles. However, this industry faces significant challenges, including fluctuating raw material costs, regulatory pressures, and waste management inefficiencies. This study aims to explore the challenges faced by polybag manufacturers in Tirupur, with a focus on cost fluctuations, waste generation, and regulatory issues. The study also investigates how the integration of sustainable practices, such as waste reduction and recycling, can improve operational efficiency and environmental sustainability. The research shows that businesses who actively implement sustainable practices experience improved profitability, operational efficiency, and regulatory compliance. Technology adoption, including the use of artificial intelligence (AI) and blockchain, plays a key role in enhancing the efficiency of polybag manufacturing processes. The paper concludes by suggesting strategies for overcoming the challenges in the industry, including cost-effective material sourcing, proactive regulatory compliance, and the adoption of innovative technologies.

Keywords: Polybag manufacturing, waste reduction, sustainability, supply chain management, regulatory compliance, operational efficiency, environmental sustainability, Tirupur.