ANI |
Updated: Jun 29, 2023 12:52 IST

BusinessWire India
Mumbai (Maharashtra) [India], June 29: The All India Plastics Manufacturers Association (AIPMA) is happy to announce the upcoming 2nd Technology Conference for Growth of Plastic Industry, which can happen on seventh July 2023 at The Hotel Lalit, Mumbai. This convention is a part of AIPMA’s efforts to advertise import substitution of plastic items and help the federal government’s Make in India initiative.
According to a complete research carried out by AIPMA, plastic items value Rs. 37,500 crores have been imported into India within the fiscal yr 2021-22, with China accounting for 48% of the imports. In response to the decision for lowering import dependence and changing into self-reliant, AIPMA has recognized 553 plastic merchandise for import substitution. The estimated import substitution of plastic items value Rs. 37,500 crores are anticipated to create a requirement for about 4 million tons of uncooked supplies each year, together with over 16,000 plastics processing machines and instruments. Moreover, this initiative is projected to generate 500,000 further jobs within the nation.
Supported by the Ministry of Micro Small and Medium Enterprises, the Department of Chemicals and Petrochemicals, and the Department of Commerce, the convention goals to facilitate the manufacturing of “Make in India – Make for the World” plastic merchandise. Building on the success of the first Technology Conference held in Delhi on twenty sixth May 2023, the 2nd Technology Conference in Mumbai is predicted to draw over 450 business professionals, authorities officers, visionaries, researchers, and entrepreneurs. The convention will probably be honored by the presence of Piyush Goyal, Hon’ble Minister of Commerce & Industry, Government of India.

Mayur D. Shah, President of AIPMA, expressed his optimism in regards to the future potential of the Indian plastic business. He emphasised that India has the capability to turn out to be the world’s premium provide hub, given its annual manufacturing output of products value Rs. 3.5 lakh crore. Shah highlighted the business’s important function in India‘s economic system, using over 5 million folks by way of 50,000 processing items, of which 90% are small and medium enterprises. He emphasised that the plastic business will play an important function in India‘s ambition to turn out to be a 5 Trillion $ Economy. Shah added that the convention would function a platform for direct dialogue between producers and importers and would showcase varied applied sciences and improvements to facilitate import substitute.
Arvind Mehta, Chairman of AIPMA’s Governing Council, acknowledged the federal government’s initiatives akin to “Digital India“, “Make in India“, and “Skill India” as catalysts for enhancing India‘s plastic business. He highlighted the convention’s deal with expertise and enterprise alternatives for native plastic items producers ensuing from import substitution. Mehta said that the convention would function displays and samples of imported plastic merchandise, offering insights into the potential for accelerated improvement in import substitution plastic merchandise. He emphasised the significance of the business’s self-reliance and the trade of the most recent applied sciences and improvements.
AIPMA has arrange the Centre of Excellence, Arvind Mehta Technology and Entrepreneurship Centre (AMTEC) at MIDC, Andheri. AIPMA’s AMTEC Finishing School which is an authorized coaching accomplice of Skill India, NSDC in Plastics Production Engineering has been developed with the motto of; Making Engineers and Diploma Holders Industry Ready; Major areas of interventions are Reverse Engineering, Tool, mould, Product design and improvement, Additive manufacturing (3D Printing), plastics packaging, testing companies, coaching on sizzling runner methods and industrial administration programmes. More than 300 college students participated in short-term programs.
The convention will showcase displays and samples of imported plastic merchandise, providing a technical and enterprise roadmap to the plastic processing business for manufacturing these merchandise in India. The occasion will probably be attended by business professionals, researchers, entrepreneurs, and policymakers. The remaining conferences are scheduled to happen in Ahmedabad (twenty eighth July 2023), Bangalore (tenth August 2023), Chennai (18th August 2023), and Kolkata (twenty eighth August 2023) respectively, culminating in August.
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