Tupperware, the iconic maker of colourful, stackable plastic containers, last week filed for bankruptcy in a US court – a move that lifted the lid on its financial problems. The company’s misfortunes, however, aren’t confined to its home market: In India, where it landed with much fanfare almost 30 years ago, the story looks equally grim.
Once a ubiquitous fixture in urban Indian kitchens, Tupperware containers — symbols of a pre-e-commerce era — now seem like relics from a different age. According to data from Capitaline, Tupperware posted a healthy Rs 475.8 crore in sales in FY15, accompanied
