GLS Group

What GLS Group does

GLS Group is a privately-held, Indian-headquartered industrial conglomerate founded in 1993 and registered as GLS Limited, operating from Gurugram, Haryana. It runs seven interconnected business divisions across packaging, aluminium, chemicals, polyfilms, real estate, and logistics — explicitly structured to function as a vertically integrated packaging platform. Specifically: GLS Films (flexible packaging, established 2003, 3,500+ tonnes annual capacity at Bilaspur, Gurugram); GLS Elopak (a 2022 joint venture with Norway's Elopak, manufacturing Pure-Pak and Alpak aseptic cartons at 5+ billion packs annually, scalable to 10 billion, at a 17+ acre plant in Rewari); GLS Aluminium (5.3–50 micron foils at 20,000 MTPA Phase-1, planned 50,000 MTPA Phase-2, on a 40+ acre Rewari campus, including battery-grade and capacitor foil variants); GLS Polyfilms (45,000 MTPA BOPET films on 49+ acres in Rewari, including transparent, metallised, coated, PCR up to 90%, and specialty heat-sealable grades); GLS Speciality Chemicals (inks, laminating adhesives including HEXABOND, polyurethane resins, coatings such as PETSTER and SOFT TOUCH at a 10+ acre Bawal facility); GLS Infra (residential and commercial real estate in Delhi NCR, 3,800+ delivered homes across Avenue 51, Avenue 81, Arawali Homes, Crown Plaza, South Avenue, and upcoming S.O.H.N.A.); and GLS Logistics (warehousing including one of Asia's largest single-shed PEB structures leased to Delhivery Ltd.).

The group serves food & beverage, pharmaceutical, FMCG, EV/electronics, real estate, and logistics customers in 27+ countries through direct B2B sales to converters and brand owners, formal distributor and partner programs across Asia, the Middle East, Africa, and Europe, and presence at international packaging trade shows (PackExpo 2024 Chicago, Propak East Africa 2025 Nairobi). Pricing is negotiated by volume and specification rather than disclosed publicly. Revenue model is one-time sales of manufactured goods; no SaaS, subscription, or licensing streams are present. The business carries extensive third-party certifications — BRCGS A+, ISO 9001/14001/22000/45001/27001/37001/20400/50001, GMP, FDA, Halal, Kosher, EcoVadis Silver, ASI, ISCC PLUS, DIN CERTCO, SEDEX — which function as regulatory gating for multinational customers. Self-reported annual turnover is ₹3,000 Crores (~$360M USD) with 2,000+ employees across India and joint-venture operations.

Strategy centers on sustainability-driven differentiation (recyclable mono-material structures, PCR content up to 90%, downgauging from three-ply to two-ply, NTNK toluene-free inks, solvent-free adhesives reducing solvent usage up to 65%) combined with back-integration: GLS Aluminium foils feed GLS Elopak cartons, GLS Polyfilms BOPET supplies GLS Films converting, and GLS Speciality Chemicals provides inks, adhesives, and coatings used across all packaging operations. The group has been named at the IFCA STAR Awards 2024 in six sustainability categories. Ownership remains undisclosed beyond the absence of external investors; the only disclosed strategic equity event is the 2022 Elopak JV.

Name

GLS Group

Legal name

GLS LIMITED

Website

https://glsind.com

Company type

Private

Founded year

1993

Operating status

Operating

Headcount range

51–100 employees

Short description

GLS Group is a privately-held Indian conglomerate operating seven integrated divisions across flexible packaging, aseptic cartons, aluminium foil, specialty chemicals, BOPET films, real estate, and warehousing. It serves food, pharmaceutical, FMCG, EV, and logistics customers across 27 countries through five manufacturing units and 2,000+ employees.

Ownership category

akta.pro rank

Product category

Industrial Packaging Materials Manufacturing

NAICS

Packaging and Labeling Services (56191), Printing and Related Support Activities (323)

SIC

Papers & Allied Products (2600)

akta.pro primary industry

Labeling, Relabeling & Compliance Packaging (Barcode, Serialization, Regulatory) (TLAIAGAE)

Keywords

• Flexible packaging films
• Aluminium foil manufacturing
• Aseptic carton packaging
• Specialty printing chemicals
• BOPET film production

Headquarters

HQ city

Gurugram

HQ country

India

HQ region

Asia

Offices7 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Flexible Packaging Products: Revenue from manufacturing and selling flexible packaging solutions including films, pouches, laminates, tubes, labels, and holographics for food, pharma, and FMCG sectors.
2. Aseptic Packaging Solutions: Sales of aseptic cartons (Pure-Pak and Alpak formats) for liquid food packaging. Manufacturing capacity of 5+ billion packs annually, scalable to 10 billion.
3. Aluminium Foil Products: Sale of precision-engineered aluminium foils for flexible packaging, aseptic packaging, pharmaceuticals, EV batteries, capacitors, and industrial applications.
4. Specialty Chemicals: Sales of printing inks, lamination adhesives, polyurethane resins, coatings, and primers for packaging converters and brand owners.
5. BOPET and Specialty Films: Production and sale of industrial-grade BOPET films including transparent, metallised, coated films with 45,000 MTPA installed capacity.
6. Real Estate Development: Residential and commercial property development in Delhi NCR. Delivered 3,800+ homes across multiple projects including Avenue 51, Avenue 81, Arawali Homes, and new launches in Sohna and Gurugram.
7. Warehousing and Logistics: Industrial warehousing solutions including RS Warehousing leased to Delhivery Ltd. and large-scale PEB structures for logistics and e-commerce companies.

Go-to-market motion3 records

Distribution channels2 records

Marketing channels5 records

Core offering

GLS Group is an integrated Indian conglomerate manufacturing flexible packaging films, aseptic cartons, aluminium foils, BOPET films, specialty printing inks, lamination adhesives, and coatings for B2B customers in the food & beverage, pharmaceutical, FMCG, and EV/electronics industries. The group also develops real estate and operates industrial warehousing/logistics. Revenue is generated primarily through one-time sales of manufactured packaging materials, films, foils, inks, adhesives, and aseptic cartons, with a strategic joint venture (GLS Elopak) with Norway-based Elopak producing aseptic packaging.

Product overview

GLS Group is an integrated packaging, aluminium, chemicals, and infrastructure solutions company operating as a platform of seven interconnected business divisions. The core offerings include: GLS Films (flexible packaging since 2003 with pouches, labels, tube laminates, holographic packaging), GLS Elopak (aseptic packaging joint venture with Norway's Elopak producing Pure-Pak and Alpak cartons), GLS Aluminium (aluminium foil manufacturing from 5.3-50 microns), GLS Speciality Chemicals (printing inks, lamination adhesives, coatings, PU resins), GLS Polyfilms (BOPET film manufacturing with 45,000 MTPA capacity), GLS Infra (real estate development in Delhi NCR), and GLS Logistics (warehousing and logistics). These divisions work synergistically - GLS Aluminium supplies foil to GLS Elopak for aseptic cartons, GLS Polyfilms provides BOPET films to GLS Films for flexible packaging, and GLS Speciality Chemicals produces inks and adhesives used across all packaging operations. The company operates 5 manufacturing units across India with 30+ years legacy, global reach to 27 countries, 3000 Crores INR turnover, and 2000 employees worldwide.

Differentiator

Problem solved

Functional benefit

Brands

• Pure-Pak: Aseptic carton brand by GLS Elopak for liquid food packaging
• Alpak
• HEXABOND
• FLEXITHANE
• PLASTITHANE
• GALTR301
• G361VT
• PETSTER
• NITROFOIL

Products and services

• GLS Films Flexible Packaging Flexible packaging manufacturing producing pouches, tube laminates (PBL/ABL), holographic films, window metalized films, gravure cylinders, and other flexible packaging solutions for food, pharmaceutical, FMCG, and technical applications. Production capacity exceeds 3,500+ tonnes. ISO 9001:2015, ISO 22000:2005, DSIR, BRC IOP, SEDEX certified.
• GLS Elopak Aseptic Cartons (Pure-Pak and Alpak) Aseptic carton packaging solutions (Pure-Pak and Alpak formats) for liquid food and beverage packaging, with a six-layer high-barrier structure (food-grade polyethylene, aluminium foil barrier, renewable paperboard core) supporting shelf-stable liquid foods for 6-12 months without refrigeration. Capacity 5+ billion packs annually, scalable to 10 billion. Available in sizes from 65ml to 1000ml. ISO 9001, ISO 22000, BRCGS, ISO 14001, ISO 45001, Halal, IGBC Gold certified.
• GLS Aluminium Foils Manufactured aluminium foils from 5.3 to 50 microns thick, up to 2020mm width, including ultra-light gauge, light gauge, battery-grade, capacitor-grade, cigarette, and beer neck foils. Used in flexible packaging, aseptic packaging, pharmaceuticals, EV batteries, capacitors, and specialty industrial applications. Phase-1 capacity 20,000 MTPA, Phase-2 50,000 MTPA. BRCGS, GMP, FDA, ISO, EcoVadis Silver, ASI certified.
• GLS Speciality Chemicals (Inks, Adhesives, Coatings) Specialty chemicals for the packaging industry including water-based and solvent-based printing inks, HEXABOND solvent-free and solvent-based polyurethane laminating adhesives, FLEXITHANE and PLASTITHANE polyurethane resins, PETSTER aqueous coatings, soft touch coatings, and high-gloss paper coatings. Production capacity 3,500 MT. ISO 9001, 14001, 45001, GMP, DSIR-certified.

Quantifiable outcome

• Shelf life extended by 25-30% through high-barrier laminates and metallised coatings
• +5 more outcomes

Named customers1 record

Segments7 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature8 records

Partnerships

Three partnerships are on record, tiered flagship, major and core.

• ElopakflagshipStrategic or Co-development Partner · 28 April 2022Joint venture between GLS Group and Norway-based Elopak to form GLS Elopak. Combines GLS's local manufacturing expertise and Elopak's globally proven aseptic carton technology. Manufacturing over 5 billion packs annually with capacity scalable to 10 billion. Produces Pure-Pak and Alpak carton formats.
• Sobha LimitedmajorStrategic or Co-development PartnerGLS Infra partnered with Sobha Limited for a premium group housing township spanning 13.08 acres in Sector 63A, Golf Course Extension Road, Gurugram. Combines GLS's real estate development expertise with Sobha's premium township development capabilities.
• Delhivery Ltd.coreChannel Partner/ Reseller/ DistributorWarehouse leasing partnership with Delhivery Ltd. - one of India's leading logistics and e-commerce supply chain companies. Leased warehouse at Mahindra World City, Jaipur spanning 10 acres with 103,114 sq.ft. built-up area. Also partnered for Pathreri facility with one of Asia's largest single-shed PEB structures spanning 25+ acres.

Scale indicators15 records

Recent moves7 records

Expansion highlights7 records

Direct peers

• Constantia Flexibles: Austria-based global flexible packaging manufacturer serving food and pharma with films, laminates, and pouches. Comparable in product mix (flexible packaging, lidding, pouches) and end-market focus with GLS Films.
• Uflex Limited: India's largest flexible packaging company, manufacturing films, laminates, pouches, and packaging machinery. Direct competitor in flexible packaging with overlapping end markets in food, FMCG, and pharma, and a similar vertically integrated substrate model.
• Jindal Poly Films: Indian BOPET and BOPP film manufacturer with comparable scale (40,000+ MTPA) to GLS Polyfilms. Directly comparable in polyfilm substrate manufacturing, metallized films, and packaging converter supply.
• TCPL Packaging: Indian folding cartons, printed packaging, and flexibles manufacturer serving FMCG and pharma. Comparable in printed packaging, cartons, and flexible substrates serving similar Indian brand owners.
• Cosmo Films: Indian specialty BOPET film manufacturer offering packaging and labelling films, comparable to GLS Polyfilms in BOPET, heat-sealable, and coated film categories. Closely comparable in product range and end customers.
• Elopak: Norway-based global leader in aseptic carton packaging (Pure-Pak) and GLS Group's joint venture partner in GLS Elopak. Directly comparable in aseptic carton technology and liquid food packaging end markets.
• SIG Group: Swiss-listed global aseptic carton packaging company competing directly with the GLS Elopak JV in UHT milk, juice, and liquid food end markets with comparable aseptic carton technology.

Broad incumbents

• Hindalco Industries (Aditya Birla): India's largest aluminium producer with a global rolled products and extrusions business. Directly comparable in aluminium foil manufacturing (battery foil, packaging foil, capacitor foil) where GLS Aluminium competes.
• Huhtamaki: Finland-based global food and consumer packaging company with flexible packaging, foodservice, and speciality carton divisions. Broader portfolio than GLS but directly comparable in flexible and specialty carton packaging.
• Amcor: Australia/Switzerland-listed global packaging giant with flexible and rigid packaging for food, beverage, pharma, and personal care. Broad incumbent with significant overlap in flexible and aseptic packaging categories.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/gls-industries-private-limited
• Xx.com/glsind

Compliance42 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries7 records

Funding overview

Funding rounds

Investors

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 GLS Group