Mumbai, India, December 2, 2025 – Avery Dennison Corporation (NYSE: AVY), a global materials science and digital identification solutions company, announces the signing of a Memorandum of Understanding (MOU) with the Indian Institute of Packaging (IIP) at the institute’s Mumbai campus. This agreement marks a significant step towards strengthening industry–academia collaboration and advancing capability-building within India’s packaging landscape.
The MOU was formally signed by Mr. R. K. Mishra (IRS, Director IIP & Additional DGFT, Mumbai), representing IIP and Mr. Saurabh Agarwal (VP & GM, Avery Dennison South Asia), representing Avery Dennison. Under this partnership, they will jointly launch a unique Management Development Programme tailored especially for mid-level packaging professionals working in industry segments such as Food & Beverages, Home & Personal Care, Wine & Spirits, Pharmaceuticals, Lubricants, Agrochemicals, Solar, Batteries, Automobiles and Appliances. The three-day extensive programme will be conducted across IIP Mumbai and Avery Dennison’s Pune facility, combining academic learning with practical, hands-on industry exposure. Facilitators will include senior industry leaders, accomplished academicians and thought leaders from the packaging industry. Representatives from both organisations expressed strong confidence that this collaboration will significantly enhance capability-building efforts, bridge the gap between academic training and industry needs, and contribute to the long-term growth of India’s packaging ecosystem.
“This MOU marks a significant milestone for the packaging industry in India, as this is the first time an industry leader is joining hands with a revered academic institution to augment the industry’s packaging talent. This aligns with our ongoing efforts to contribute meaningfully to the Indian ecosystem,” said Saurabh Agarwal, Vice President and General Manager, South Asia, Avery Dennison.
“The MOU is aimed at bringing capacity-building to a new level for the packaging industry leadership, with a focus on leveraging emerging opportunities as well as fulfilling the societal obligations of sustainable development,” said R. K. Mishra, Director, IIP.
The programme will target mid-level packaging talent working with brands across segments, to help them accelerate their packaging careers in light of fast-changing external considerations such as AI, sustainability, compliance and fast-evolving consumer behaviour. The programme will offer valuable exposure to real-world applications, emerging technologies, and expert insights from practitioners, better preparing the participants for future leadership roles in their organisations. The first batch will begin in March 2026 and will be a cohort of 20 high-potential candidates.
This partnership reaffirms Avery Dennison’s commitment to elevating the standard of packaging education and professional development across the country.
