Special cluster, R&D center and common sharing facility for plastics industry

The Plastics Consign Promotion Quango (PLEXCONCIL) honored top exporters of plastics with Quango Awards for the years FY16 (2015-16) and FY17 (2016-17) in the presence of Subhash Desai, Maharashtra State government minister for Industries and Mining and Shyamal Misra, joint secretary, Ministry of Commerce and Industry, Authorities of India on 21 July 2018. India'southward consign of plastics posted a growth of 17.i% at USD 8.85 billion during the year 2017-18 equally confronting USD 7.56 billion in 2022-17, registering a faster footstep of growth than the overall merchandise export growth from India as per PLEXCONCIL.

Maharashtra Country Industries and Mining minister announced special cluster, R&D eye and mutual sharing facility for the plastics industry. Mishra also urged for increasing presence in existing and new markets across the earth. Too present on the occasion were AK Basak, chairman of PLEXCONCIL, Pradip Thakkar, firsthand past chairman of PLEXCONCIL, Sribash Dasmohapatra, enforcement directorate, PLEXCONCIL, and Ravish Kamath, regional chairman – Southern Region, PLEXCONCIL.

The winners included Reliance Industries Ltd., Garware Wall Ropes Ltd., Garware Polyester Ltd., Supreme Industries Ltd., Greenlam Industries Ltd., Jain Irrigation Systems Ltd., Merino Industries Ltd., Polyplex Corporation Ltd., Flexituff International Express, Vacmet India Ltd., CRI Ltd., Prima Plastics Ltd., Sheela Cream Pvt. Ltd., Condor Footwear (India) Ltd., National Plastic Industries Ltd., Poly Medicure Ltd., IVL Dhunseri Petrochem Industries Pvt. Ltd., Tokyo Plast International Ltd., Prince Corp., Gillette Diversified Operations (P) Ltd., Bhim Polyfab Industries, Flair Writing Industries Ltd., and Linc Pen & Plastics Ltd. amongst others.

Desai said, "I am actually happy to be hither today at the awards function of PLEXCONCIL. As an industry, plastics are going to stay and the plastics business has a large role to play in the economy. It creates jobs and wealth for our land. Our share in global trade is very small and India is trying to raise its footprints in global exports. Plastic is i industry where we tin can increase exports to the world. Maharashtra has taken several initiatives such every bit CPETs for inquiry and development, technology and entrepreneurs. Nosotros have announced plans to develop 10 textile parks and 5 defence manufacturing facilities in Maharashtra. Nosotros are actively because a special cluster for plastics manufacture where common facility centres volition exist available to all types of plastic manufacturers and exporters for accessing these facilities. We tin reserve plots for different large, medium and small players in the plastics industry with the help of the quango. Nosotros also want to create R&D centres for the plastics manufacture among others. I entreatment to the council and manufacture captains to think of innovative creative ideas to recycle plastics. In the ease of doing concern, Maharashtra'southward rankings went down simply we have made quick amendments and created a common convenience platform named Maitree – 18 different departments accept come together to create this unmarried window facility for businessmen and entrepreneurs. Nosotros are confident that Maharashtra will regain its leading position in the ease of doing business concern."

Congratulating the exporters for their tremendous efforts for augmenting plastic exports, Misra said, "I promise the organization will create a platform for the manufacture to fence and introspect on the future class of action for enhancing exports. India's export of plastics posted a growth of 17.1% at USD viii.85 billion during the year 2017-18 as confronting USD 7.56 billion in 2022-17, registering a faster pace of growth than the overall merchandise export growth from India. Every bit an manufacture, we need to sit together and formalize an export strategy that volition have us to the next level. Plastics exports are less than 3% of India'south overall merchandise exports in FY18 but we need to work to double this share. Plastic exports accept phenomenal potential and we need to enhance presence in existing markets (France, Japan, Germany, etc.) and discover new markets such as Latin America, Africa, CIS and Asia. The proportion of raw materials in our exports is still very high and we need to target value added product exports. We should increment exports of value added products such equally engineering science plastics, bio plastics and bio polymers. We urge experienced captains of the industry to mentor the new players and encourage them to excel. We hope plastics exporters help India become a USD 5 trillion economy."

Basak said, "PLEXCONCIL awards are acknowledgement and testimony to the efforts and initiatives of plastics exporters. Republic of india'south plastics industry offers immense potential in terms of capacity, infrastructure and skilled manpower. India is currently ranked among the top five consumers of polymers in the world and has 30,000 plus plastic processing units employing over four 1000000 people beyond the state." He further added, "The target is difficult, merely achievable, and the council intends to take concerted efforts towards this front with the assistance of its members through upgradation in technology, increased R&D spend, and innovative marketing strategies directed towards increased export of value-added plastic products from India. As well, the quango also intends to bring-in new businesses into the export fold past creating awareness for exports."

According to PLEXCONCIL, plastics formed 2.92% of India'southward overall merchandise exports in 2017-eighteen, a tad college than the ii.74% share held in 2022-17. India's plastics export during the year were primarily additional by higher shipment of plastic raw materials and value-added plastic products including Woven sacks/FIBC, plastic sheets/films/plates, optical items, laminates, packaging items, and medical disposables to the European Union, Due north America, Latin America & Caribbean, and Due north-East asia. India's plastic production exports to the United States were valued at USD ane.11 billion during the yr.

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