Examining the workings of the contract manufacturing sector: FMCG Sector Opportunities, Contract Manufacturing’s Function, and Private Label Expo

May 9, Mumbai (Maharashtra) [India]: The contract manufacturing business is a cornerstone in the constantly changing consumer goods market, enabling the smooth manufacture of a wide range of items across many industries. Contract manufacturers are essential to satisfying the increasing needs of customers in the food and beverage, personal care, cosmetics, and beauty industries while maintaining productivity and quality in manufacturing processes.

Over time, the Fast-Moving customer Goods (FMCG) industry has seen a notable increase in demand due to many causes like shifting customer tastes, urbanization, and the growth of e-commerce. The contract manufacturing industry, which provides specialized knowledge and scalable production capabilities to FMCG firms, has benefited greatly from this spike in demand.

In light of these expanding opportunities, industry gatherings like the Contract Manufacturing & Private Label Expo—which takes place from May 15–17, 2024, at Mumbai, India’s Jio World Convention Centre—become increasingly important venues for stakeholders to network, cooperate, and remain up to date on the newest developments in the contract manufacturing space. Acknowledged as the industry’s primary meeting place, CMPL Expo offers a reliable stage on which manufacturers, suppliers, and service providers may demonstrate their skills, establish alliances, and investigate new prospects.

As the only platform in India that links retailers, D2C brands, contract manufacturers, FMCG brand owners, specialty retailers, pharmacy chains, packaging suppliers, and other industry players, CMPL has greatly contributed to the credibility of the Indian FMCG contract manufacturing sector. It has also successfully established an ecosystem that connects and fosters business opportunities for all parties involved under one roof.

“CMPL is a platform to enable the entire brand-manufacturer-supplier ecosystem to come together,” explains Anurag Kedia, co-founder of Pilgrim. It honors current relationships in addition to assisting in the formation of new ones. By strengthening relationships throughout the production ecosystem, it promotes brand expansion. We are excited to take part.

The capacity of CMPL Expo to unite a wide spectrum of stakeholders under one roof, promoting meaningful connections and encouraging information sharing, is one of its main benefits. Participants at CMPL Expo cover the whole spectrum of the contract manufacturing ecosystem, from established industry heavyweights to up-and-coming entrepreneurs, fostering a dynamic and lively atmosphere for networking and cooperation.

“I am excited to be speaking at CMPL, Asia’s largest platform for sourcing in contract manufacturing & private label,” says Ms. Naiyya Saggi, Group Co-Founder of The Good Glamm Group. As a member of the advisory board, I can attest to the positive effects this Expo has on firms seeking to connect with a worldwide market. The yearly scale at which this is carried out is unique to India. For companies looking for a comprehensive solution on locating the best partners for their end-to-end needs, this is an event they simply must attend.

In addition, CMPL Expo is more than just a trade exhibition; it offers an extensive schedule of talks, workshops, and panel discussions covering the most important problems and developments in the sector. CMPL Expo gives guests the tools they need to remain ahead of the curve and adjust to the changing needs of the industry by offering insightful information and thought leadership.

“It’s a pleasure to be a part of an event like this bringing all stakeholders in one place,” says Arjun Vaidya, co-founder of V3 Ventures. Under one roof: producers, distributors, marketers, brands, and investors. I’m eager for it.

“Our dedication to advancing contract manufacturing and private label enterprises in India is shown by the CMPL event. This gathering of business owners, contract manufacturers, and industry professionals provides a forum for idea sharing, collaboration, and innovation. Vicky Menezes, the founder of CMPL Expo, expressed her excitement at welcoming industry leaders from all around the globe to the event.

Apart from creating commercial prospects, CMPL Expo has significant importance in propelling innovation and sustainability in the contract manufacturing sector. CMPL Expo provides an opportunity for businesses to demonstrate their dedication to sustainability programs and discover cutting-edge ways to lessen their environmental impact, in light of the growing focus on ethical sourcing and environmental responsibility.

Events like CMPL Expo will continue to be crucial in promoting development, encouraging cooperation, and influencing the future of the contract manufacturing business as it continues to change and grow. By offering an atmosphere that is favorable for business growth, education, and networking, CMPL Expo maintains its standing as the top meeting place for those involved in the contract manufacturing industry.

The 2024 CMPL edition, scheduled for May 15–17 at Jio, BKC, is expected to draw more than 18,000 trade professionals. It will showcase more than 400 exhibitors from various FMCG industries, including food, beauty, cosmetics, personal care, hygiene, cleaning, and packaging. With an unmatched roster of buyers, lecturers, and exhibitors, this year’s expo is sure to be a memorable occasion. CMPL Expo is the place to be if you’re a brand owner trying to establish your company in the FMCG sector!

Don’t pass up the opportunity to attend the biggest event in the contract manufacturing sector and take advantage of three days dedicated to sourcing, networking, and business development. Please visit cmplexpo.com to complete the registration process.