The present invention provides a cost-efficient and effective film with an adequately high barrier to moisture, vapours and gases, for use in food and pharmaceutical industry. The film disclosed herein uses a base layer which is provided with a coating (1A) that is in the form of either a moisture vapour barrier layer (MVB) or an enhanced moisture vapour barrier (EMVB) layer. The base layer (1) is typically made of PVC of food or pharmaceutical grade as per EC Directives and devoid of plasticizer. The thickness of the base layer ranges between 100 urn to 800 μm. Techniques of forming multilayer films are known, however, simultaneously achieving cost efficiency and also high barrier to moisture and gases remains to be an ongoing challenge for the pharmaceutical industry. The present invention provides an effective solution to this present challenge.