Interview with Mr. Ketan Shah Former Chairman, PLEXPOINDIA

These exclusive interviews by INDIA PLAST with Mr. Ketan Shah Former Chairman, PLEXPOINDIA (Advice from industry experts) focus on the role of IndiaPlast – Plastic Trade Show India and the impact of Plastics technology on business.

Mr. Ketan Shah discusses his views and gave valuable suggestion on the growth & Scope of Plastic Industry importance and its International market.
What is about growth of Plastic Industry?
Demand for plastic products would grow more than eight per cent over the medium term. The expected 8-10 per cent growth rate would boost the growth prospects of the plastic processing companies. The medium term expectation, however, is lower than 10 per cent annual growth posted by the plastic industry during the last two decades. Though plastic processors might face challenges in terms of increasing raw material prices in the medium term.

What is export potential in Plastic Industry?

There is a huge potential in the African countries where a lot of industrial growth is taking place. In 2011, India exported about USD 7.1 billion plastic and USD 150 million machinery accounting for 2.3 per cent of the total exports to countries like US, China, European Union and the Middle East and Africa. It is expected about 20 per cent growth in plastic products and 22 per cent in machinery exports in FY 20013-14. Even in the current economic scenario, the exports continue to be robust and the international demands remain upswing.

What is opinion about Plastics & Environment?

Plastic is good for environment, if used properly and does not cause damage to human being. On the contrary, some form of plastic is even implanted in the human body and at the same time, it do not cause water pollution. . However, the fact is that we do not know how to use plastic. The reality is that use of plastic is unavoidable. You will observe that from toothpaste to toilet seats, from keyboard to cellphones, automobiles and other electronic goods are made of plastic.

What are trends In Plastic Industry in India and globally?

A: India is a growing market for plastics and consumes about 11 million tons annually against a global consumption of 275 million tons per year and worldwide plastics & polymer consumption is growing at an average rate of 10 per cent and is expected to touch 16.5 million tons by 2016.

How would you see the collaboration of Plastic Industry and GOG by bringing out Indlaplast?

GOG has really taken a right decision. To organize any industrial exhibition, respective industry real needs support from Govt. & similarly Govt. need support from said Industry Association. So this is the perfect strategy & has to get a succeed for this event.

How would Gujarat contribute to the growth of Indian Plastic industry?

It is very well known fact that Gujarat is already on Path of remarkable progress since last couple of years. Now as Gujarat is taking a shape as an Auto Hub, obviously Plastic Industry is directly benefited. Growth of Plastic Industry is really increasing constantly.

Does Gujarat Govt act as catalyst in the growth of Plastic Industry? How?

Yes, of course. As I mentioned earlier presently many companies including automobile, pharma, food etc. are investing In Gujarat & coming up with large scale production facility in Gujarat. So by promoting industry In Gujarat, our demand of Plastic will be increased. This means GOG is a catalyst for plastic industry.

 

Interview with Mr. Ramesh Thummar, President GSPMA

Let’s get Questionnaires with Mr. Ramesh Thummar, President GSPMA on “INDIA PLAST” International Plastic Trade Show 2015.

Mr. Ramesh Thummar discusses his views on the growth & Scope of Plastic Industry and its International market. He also gave the Opinion on Role of Gujarat in Plastic Industry.

Which is the main factor that indicates growth of Plastics Industry in the coming years?

On the factors that indicate the country’s impending growth in the Plastic Industry is our per capita consumption of plastics which is the lowest in the world. At present per capita plastics consumption is only around 8 kg in India which is going to be doubled soon. The scope of reaching augmented level remains certain due to the inevitable nature of plastics and its incorporation in everyday life.

Which are the main issues in Plastic Industry at present?

The main issues at present influencing Plastic Industry like services-tax, higher cost of finance, trained manpower, changing polymer prices frequently, negative image of the Plastic Industry, all these should be properly addressed. Plastic Industry is growing rapidly and is expected to touch 20 billion dollars by the end of 2020.

What is the scope in Plastic Industry?

Plastics are the material of choice for the 21st century and likely to domain for the next few decades. Increasingly plastics are replacing conventional materials even for advanced applications and this is the major growth driver. India has emerged as a preferred centre for establishing manufacturing facilities for plastic goods. The government is also encouraging the setting up of the plastic park in various States to help the growth of plastic industry which is so important for the economy as well as employment generation.

Your view for establishment of Technology Upgradation Fund (TUF)

Technology Up-gradation is necessary of the hour for making Indian Plastics Industry competitive in this volatile market. Since the cost of development of new technology is very high, assistance is sought for establishment of a separate Technology Up-gradation Fund for plastic industry. The said fund should encourage up-gradation of manufacturing facilities, technology, etc. related to Plastic Industry.

How Gujarat Plastic Industry will get benefit from India Plast?

Gujarat is immerging as an Automobile hub. Considering this many global entrepreneurs are considering the possibility to start their production units in Gujarat itself. This direct opportunity for plastic industry in Gujarat from point of Employment as well as industry growth of the state.

For More Details regarding Plastic Exhibition 2015, Visit at Official Website at http://www.indiaplast.net/

Best opportunity for Recycling Plastic Industry

Recycling of plastic is one of the fast growing segment in Plastic Industry. Even it caught high attention because its negative impact to environment due to improper waste management of plastic products.

Plastic industry in India symbolizes a promising industry as India is stepping forward to become a global hub for plastics industry with robust investments to be made in coming years. Do you know what is recycling of plastic means? and how it works? Recycling is a key component of modern waste reduction and is the third component of the “Reduce, Reuse and Recycle” waste hierarchy. There are some ISO standards related to recycling such as ISO 15270:2008 for plastics waste and ISO 14001:2004 for environmental management control of recycling practice.

In past, recycling plastics was not so easy. But today because of awareness and technology it became growing segment in Plastic Industry. Today, 80 percent of Americans have easy access to plastics recycling opportunities, whether you participate in a municipal curbside program or live near a drop-off site. Recycling plastics helps valuable materials go on to live a second life as new products. Many people reuse plastics—things like storage bins, sealable food containers and refillable sports bottles.

Recycling is the process of recovering scrap or waste plastics and reprocessing the material into useful products, sometimes completely different in form from their original state. For instance, this could mean melting down soft drink bottles and then casting them as plastic chairs and table. It help us to do more with less in many ways. Because they’re durable, lightweight, and versatile, plastics can help reduce waste and consume less energy. The plastic is sorted from other materials and then each type of plastic is sorted from other types. Next, it’s shaken and rinsed so any particles like dirt or bits of trash come free; then it’s crushed into little flakes and put into a flotation tank. The purpose of this is to further sort the plastic by density. Once all the flakes are dried off, it’s time to melt them into pellets. These pellets are sent back to the manufacturer to start the process over.

Recycled Plastics Industries manufactures plastic lumber from recycled High-Density Polyethylene, creating a durable environmentally friendly alternative to traditional lumber. The 57% target applies only to businesses obligated by the Producer Responsibility Obligations for packaging; this equates to a national achievement target of 42.3% recycling for plastic packaging. This means we need to almost double the tonnage recycled to 1.2 million tonnes per year by 2017. Plastic lumber is perfect for most outdoor applications and utilized by industry, and manufacturing for OEM projects, park and recreation, government and agriculture

The recycling code for plastics was introduced in 1988 by plastics industry through the Society of the Plastics Industry, Inc. Because municipal recycling programs traditionally have targeted packaging primarily bottles and containers—the resin coding system offered a means of identifying the resin content of bottles and containers commonly found in the residential area. Moreover, technical education required is also available. Gujarat is also marching ahead for becoming automobile hub that will open new avenues for the plastic industry

India Plast 2015 – an international plastics exhibition & conference is aiming to boost recycling plastic industry in India and Gujarat. Many exhibitors from India as well as from abroad will be showcasing the technology and innovation in recycling plastic industry. India Plast 2015 is going to be held in January 29 to February 3, 2015 at Mahatma Mandir Exhibition venue in Gujarat, India. India Plast 2015 will put large scale of opportunities in recycling plastic industry to the exhibitors and visitors. For More Details Visit at http://www.indiaplast.net/