Plexconcil honours plastic exporters
The Plastics Export Promotion Council (Plexconcil) honoured top plastic exporters with council awards for the years FY16 and FY17. The event was held in the presence of Subhash Desai, Maharashtra state minister for industries and mining and Shyamal Misra, joint secretary, ministry of commerce and industry, Government of India at The Leela in Mumbai on 21 July 2018.
27 Jul 2018 | By Abhishek Muralidharan
During the event, Desai announced a special cluster, research and development centre and a common sharing facility for the plastics industry.
“We have plans to develop ten textile parks and five defence manufacturing facilities in Maharashtra state. We are actively considering a special cluster for plastics industry where common facility centres will be available to all types of plastic manufacturers and exporters for accessing these facilities.”, said Desai.
The winners included marquee names such as Reliance Industries, Merino Industries, Polyplex Corporation, Flexituff International, Vacmet India and Garware Polyester among others.
According to Plexconcil, India’s export of plastics posted a growth of 17.1% at USD 8.85 billion during the year 2017-18 as against USD 7.56 billion in 2016-17, registering a faster pace of growth than the overall merchandise export growth from India.
Ashok Basak, chairman, Plexconcil, said, “Plexconcil awards are acknowledgement and testimony to the efforts and initiatives of plastics exporters. India's 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 over 30,000 plastic processing units employing over four million people across the country.”