Plastic Manufacturers upbeat on India prospects

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Pune 27 December 2016 : With per capita consumption of plastics in India rapidly growing and expected to double by 2023 and more awareness about recycling plastic being generated, the plastic manufacturers are upbeat about the sector’s growth prospects in India.

Harish Dharamsi Co-Chairman  National Advisory Board PlastVision India 2017 said today that the per capita consumption of plastic in European countries is 40-45 kg, in US it goes up to 80 kg but in India it is still as low as 7-8 kg per person. This is expected to double by 2023 and therefore to cater to the rising demand the plastic manufacturers will have to augment their production capacities, he said.

He was addressing a Press Conference to announce Plastivision 2017, organized by The All India Plastic Manufacturers Association in Mumbai from 19-23 January 2017 at the Bombay Exhibition Center, Mumbai. One of the biggest exhibitions on plastics, this 10th edition is fully booked 6 months in advance, he said.
With more than 1500 exhibitors about 2,00,000 visitors are expected to visit informed Satyajit Bhosale Co Chairman Plastivision Promotion Committee.  He added more than 25 countries have confirmed their participation in this five day exhibition which will also witness new technology, machinery. During this period number of technical conferences have been organized which will offer new trends and technology being used by market leaders. Visitors and exhibitor will witness huge amount of products and services in 6 specialized pavilions with focused exhibitors in Agricultural, Solar, Automation, Die & Mold, Waste management and theme pavilion.

The exhibition will reflect the growing demand for products of the Plastic Industry . With more than 50,000 big , medium and small scale plastic manufacturing units in the country , the sector provides direct employment to 25 lakh people said Arun Kumbhojkar, Chairman Plastivision Promotion Committee . He said with the per capita consumption expected to double , this labour intensive industry can generate huge number of jobs to many skilled and unskilled people.

Mr. Dharamsi added that there are many efforts being undertaken jointly by State and Central Governments and Industry Associations including formation of Technical Universities and Plastic Parks. The Plastic Parks have come up in Gujarat, MP, UP, Tamil Nadu , Telangana with one in  Maharashtra , Orissa , Chattisgarh , and one more in telangana in the pipeline. The Plastic Park is a separate section of land allotted to plastic manufacturers created with an SPV with State Government and Industry Associations.
Ravi Jashnani , President Maharashtra Plastic Manufacturers Association said that what was required was more awareness about responsible use of plastic. Plastic can be recycled into many useful products . Segregation of wet and dry waste is one important step . There is also a need to have more recycling units in India .