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/
International Plastics Exhibition, Trade Fair, Conferences 2015 