Kusumgar and Certoplast sign term sheet for Indian tape JV

India's Kusumgar Ltd signed a non-binding term sheet with Germany's Certoplast Holding GmbH to form a joint venture manufacturing tapes in India, with Kusumgar holding a 50.1% stake and Certoplast 49.9%. Definitive agreements and regulatory approvals are pending.

“Kusumgar to hold 50.1% of the new JV, Certoplast Holding GmbH 49.9%”packagingnewsdaily.com

• 1 source
• packagingnewsdaily.comKusumgar signs term sheet for Indian tape joint venture with Germany's Certoplast — Packaging News DailyNov 5, 2026

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