What Vacmet India Ltd does

Vacmet India Limited is an Agra-headquartered, family-owned manufacturer of flexible packaging films and metalized paper & board, founded in 1993 by late Shri Dinesh Chand Agarwal. The company operates five manufacturing facilities in India with a combined nameplate capacity of 250,000 metric tons per annum (MTA) for BOPET and BOPP films, 60,000 MTA for metallization, 96,000 MTA for PET Chips (resin, backward-integrated in 2017), 18,000 MTA for coating, and 10,000+ MTA for metalized paper and board. Its product portfolio includes biaxially-oriented polyethylene terephthalate (BOPET) and polypropylene (BOPP) films in transparent, metallized, high-barrier, coated, and holographic variants; metalized paper and board; hot stamping foils under the Vacofoil sub-brand; and specialty PET chips including heat-sealable copolymer and antiblock additive resin.

The company generates revenue primarily through direct B2B sales of these physical film and paper products to packaging converters and FMCG brands globally, priced on a quote-based model tied to specifications, volume, and customer relationships — pricing is not publicly disclosed. Its go-to-market combines an in-house sales force, three wholly-owned international subsidiaries (Vacmet Europe Limited in London, Vacmet Holland B.V. in Amsterdam, Vacmet America's LLC in Texas, incorporated July 2022), and regional distribution partners (Venoflex B.V. for Pan-European delivery, SIP for German-speaking markets). Named enterprise customers include ITC Limited, Mondi Group, Constantia Flexibles, Patanjali, and Siddhomal Paper Conversion. Verticals served span food and beverages (primary), pharmaceuticals, personal care and labeling, security and brand protection, and textile/industrial applications, across 70+ countries.

Vacmet's competitive positioning rests on vertical integration (from PET Chips resin through to holographic films and stamping foils), sustainability-focused proprietary products including ECOVAC PCR PET films with up to 70% recycled content certified by Intertek, ultra-high barrier films (WVTR < 0.1, OTR < 0.1) enabling aluminum foil replacement, and a 1,000 MTPA waste-to-energy conversion plant. The company holds a comprehensive certification stack (ISO 9001/14001/22000/45001, BRC, FSC, ISCC PLUS) and has been a consistent recipient of export awards from India's Ministry of Commerce since 2003. Governance is family-controlled, with the Agarwal family holding promoter-director positions across product development, operations, and business strategy, supplemented by independent directors and an experienced CFO (Predeep Kumar Gupta, 32+ years) and senior vice presidents in plastics converting and international sales.

Name

Vacmet India Ltd

Legal name

Vacmet India Limited

Website

https://vpipl.co.in

Company type

Private

Founded year

1993

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Vacmet India Limited is a family-owned Agra-headquartered manufacturer of flexible packaging films (BOPET, BOPP), metalized paper and board, hot stamping foils, and PET chips, operating five Indian manufacturing facilities with 250,000 MTA capacity and serving packaging converters and FMCG brands across 70+ countries via three international subsidiaries.

Ownership category

akta.pro rank

Product category

Flexible Packaging Films Manufacturing

NAICS

Plastics Packaging Film and Sheet (including Laminated) Manufacturing (326112)

SIC

Unsupported Plastics Film & Sheet (3081)

akta.pro primary industry

Polyester & Nylon Films (PET/BOPET, PA/BOPA) (IMALABAB)

akta.pro secondary industries

Polyolefin Films (PE/PP: Cast, Blown, BOPP) (IMALABAA), Plastic Films & Laminated Packaging Structures Manufacturing (IMANAEAD), Flexible Packaging Printing (Film/Poly/Paper Print) (IMALAKAG)

Keywords

• Flexible packaging films
• BOPET films manufacturing
• BOPP films production
• Metalized paper board
• Hot stamping foils

Headquarters

HQ city

Noida

HQ country

India

HQ region

Asia

Offices6 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Flexible Packaging Films: Vacmet India Limited manufactures and sells a comprehensive range of flexible packaging films including BOPET Films, BOPP Films, Metalized Paper & Board, Hot Stamping Foils (Vacofoil), and PET Chips. Revenue is generated through direct sales to packaging converters, FMCG brands, and distributors globally. The company serves customers in more than 70 countries through its own subsidiaries and distribution network.
2. Custom/ Specialty Film Solutions: The company develops and commercializes alternative sustainable products including single-family laminate solutions, PCR-based films, and specialty barrier films. These are tailored to customer needs and sold as differentiated products, often commanding premium pricing based on performance specifications.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

Vacmet India Limited manufactures flexible packaging films including BOPET Films, BOPP Films, Metalized Paper & Board, Hot Stamping Foils (Vacofoil), and PET Chips at five manufacturing facilities in India with combined capacity of 250,000 MTA for BOPET and BOPP films. The company operates backward integration into PET Chips resin manufacturing and forward integration into Holographic Films and Stamping Foils, serving packaging converters and FMCG brands across more than 70 countries.

Product overview

Vacmet India Limited is a flexible packaging films and metalized paper & board manufacturer offering a comprehensive product portfolio under one roof. The company operates five manufacturing facilities in India with combined capacities of 250K MTA for BOPET & BOPP, 60K MTA for metallization, 18K MTA for coating, 96K MTA for PET chips, and 10K MTA for paper. Their core offerings include BOPET Films (available in transparent, metallized, high barrier, coated, and holographic variants), BOPP Films (available in transparent, metallized, high barrier, white/cavitated, coated, and holographic variants), Metalized Paper & Board, Hot Stamping Foils under the Vacofoil brand, and PET Chips for backward integration. The company serves customers in more than 70 countries across industries including food & beverages, pharmaceuticals, personal care, textiles, and security.

Differentiator

Problem solved

Functional benefit

Brands

• Vacofoil: Hot Stamping Foils product line utilized for permanent transfer of aluminum or pigmented colours to a substrate through a heat-stamping process.

Products and services

• BOPET Films Biaxially-oriented polyethylene terephthalate films widely used in food packaging laminates owing to their versatility, heat resistance, printability, and gas barrier properties. Available in transparent, metallized, high barrier, coated, and holographic variants. Used by packaging converters and FMCG brands globally.
• BOPP Films Biaxially-oriented polypropylene films used as a preferred packaging substrate for packaged foods due to moisture and pollution resistance, high gloss, transparency, and recyclability. Available in transparent, metallized, high barrier, white/cavitated, coated, and holographic variants. Used by packaging converters and FMCG brands.
• Metalized Paper & Board Transfer Metalized Paper & Board, Direct Metalized Paper, Laminated Paper, and Heat Seal Barrier Paper produced with annual capacity of over 10,000 MT per year. Used for packaging, lamination, and decoration applications by packaging converters and brands.
• Hot Stamping Foils (Vacofoil) Hot Stamping Foils utilized for the permanent transfer of aluminum or pigmented colours to a substrate through a heat-stamping process, applied via heat and pressure through a stamping die. Used by packaging and decorative printing customers.
• PET Chips Polyester resin (PET chips) manufactured through backward integration. Facility includes a batch processing plant with 11,000 MTPA capacity and a continuous polymerization plant with 85,000 MTPA installed capacity. Manufactures specialty resins including heat sealable copolymer and antiblock additive resin for in-house consumption and external sale.

Quantifiable outcome

• Single-family BOPET/BOPP laminate solutions reduce plastic consumption per pack by enabling downgauging to 5 microns and laminate rationalization from 3-ply to 2-ply
• +3 more outcomes

Named customers5 records

Segments5 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Six partnerships are on record, tiered core, minor and flagship.

• Venoflex B.V.coreChannel Partner/ Reseller/ DistributorVenoflex B.V. is a distribution partner for Vacmet Holland B.V., providing prompt product delivery on a Pan-European basis. Located in the Netherlands, Venoflex enables Vacmet to efficiently serve customers across all European countries through local inventory and logistics.
• SIPminorChannel Partner/ Reseller/ DistributorSIP, based in Germany, handles sales of Vacmet's products in German-speaking areas, providing local market coverage and customer support for the DACH region.
• Empower FoundationcoreImplementation/ SI/ Consulting PartnerEmpower Foundation is a Section 25 company and implementation partner for Vacmet Foundation's CSR projects. It implements the Vikalp Project covering skill development, waste management, and tree plantation in partnership with National Skill Development Corporation partner Empower Pragati. Also conducts Sustainable Waste Management Awareness Sessions under the Vikalp Project.
• Empower PragaticoreStrategic or Co-development PartnerEmpower Pragati is a National Skill Development Corporation partner. It partners with Vacmet Foundation through Empower Foundation to implement the Vikalp CSR project, which includes community awareness sessions, skill development, upskilling and capacity building of waste pickers, waste management, and tree plantation drives.
• IIT KanpurflagshipStrategic or Co-development PartnerVacmet Foundation collaborates with IIT Kanpur on the Hridyantra project — a grand challenge-based program for developing an affordable LVAD (left ventricular assist device). IIT Kanpur, in collaboration with leading hospitals, has launched this initiative, and Vacmet Foundation is implementing this CSR project of Vacmet India Limited to promote research and development in the healthcare sector.
• Bruckner GroupcoreTechnology or IntegrationBruckner (Germany) is the supplier of state-of-the-art BOPP film production lines. Vacmet commissioned a third BOPP line from Bruckner in July 2022 — a 10.4-metre wide, three-layer fully automated line capable of producing films from 12-60 microns at high speed with automated changeovers.

Scale indicators13 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Uflex Limited: India's largest flexible packaging films company, manufacturing BOPET, BOPP, CPP, and a wide range of laminates and pouches. Direct competitor to Vacmet across BOPET/BOPP films with similar export-oriented business model and end-market focus on FMCG.
• Cosmo Films Limited: Indian manufacturer of BOPP, BOPET, and CPP films with strong specialty films portfolio. Comparable product mix, scale, and global export orientation, competing for the same flexible packaging converter customers.
• Ester Industries Limited: Indian manufacturer of BOPET films (including value-added specialties) and PET resins, with backward integration into chips. Highly comparable to Vacmet's BOPET + PET Chips integrated model.
• Polyplex Corporation Limited: Global BOPET film producer with manufacturing in India, Thailand, Turkey, and the US. Direct peer in BOPET films and metallized films, with overlapping food packaging and industrial customer base.
• Jindal Poly Films Limited: Major Indian manufacturer of BOPET and BOPP films with large integrated capacity. Competes directly with Vacmet in metallized, coated, and specialty film grades serving packaging converters globally.
• JBF Industries Limited: Indian manufacturer of BOPET films and PET resin with global footprint (India, Bahrain, Belgium). Direct peer in BOPET films and integrated PET resin supply serving packaging and industrial end-markets.

Others

• Mondi Group: Global packaging and paper group, also a named Vacmet customer. Thematically comparable as a large integrated packaging player sourcing flexible films while competing at the converter level for end-customers.
• Constantia Flexibles: One of Vacmet's largest customers and a leading European flexible packaging converter. Adjacent as a downstream buyer of BOPET/BOPP films and an emerging packaging competitor in some sustainability-driven categories.

Broad incumbents

• Taghleef Industries: Global BOPP and cast PP films producer with operations across the Middle East, Europe, Africa, and the Americas. Competes with Vacmet in BOPP and specialty films on a worldwide scale with broader portfolio.
• SRF Limited: Indian diversified conglomerate with a packaging films business (BOPET, BOPP) alongside fluorochemicals and technical textiles. Overlaps with Vacmet in specialty BOPET films but operates a much broader portfolio.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/vacmetindialtd

Compliance8 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Subsidiaries3 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Vacmet India Ltd