Page 9 - Plastics News April 2024

The Indian plastic industry stands as one of the leading sectors in the country's economy,
contributing significantly to its GDP and employment. With diverse applications across various
sectors such as packaging, agriculture, automotive, construction, and healthcare, the plastic
industry plays a pivotal role in India's industrial and economic landscape.

There is a contribution of several factors to the growth of the Indian plastic industry i.e Rapid
urbanization, rising disposable incomes, expanding middle-class population, and the growing
e-commerce sector have fuelled the demand for plastic products, particularly in packaging and
consumer goods segments. Additionally, technological advancements, such as the adoption of
automation and Industry 4.0 practices, have enhanced operational efficiency and product quality,
further stimulating growth.
To capitalize on emerging opportunities, the Indian plastic industry are increasingly focusing on
innovation and sustainability. Efforts are underway to develop eco-friendly alternatives, such as
biodegradable plastics and bio-based polymers, to reduce the environmental footprint of plastic
products. Furthermore, initiatives promoting waste segregation, collection, and recycling are
being implemented to enhance resource efficiency and minimize plastic pollution.
Looking ahead, AIPMA is organising The Global conclave on Plastic Recycling and
sustainability (GCPRS) from July 4th to 7th 2024. It is a first ever dedicated exhibition on
plastic recycling and sustainability in India. The exhibition is a platform for showcasing business
opportunities, focusing on the latest trends and innovations in plastic recycling and sustainable
practices, offering numerous prospects for trade in various sectors.
The focal point of the exhibition is to showcase innovative recycling technologies, sustainable
alternatives such as biodegradable and compostable plastic and efficient waste management
solution. Apart from the exhibition, the event will also feature International conference on
circular economy and plastic recycling technologies. Participation of more than 50,000+
business visitors, 400+ exhibitors is estimated to be present at the ground.
Recently we have successfully completed Mega Job Fair on 12th April at AIPMA House Gurugram,
New Delhi with total of 9 employers and around 130+ skilled candidates, attended the fair with
focused backgrounds and skill sets from which 5 candidates received the ON SPOT offer and
around 25 candidates were shortlisted for further assessment. Each participant expressed their
desire to change switchover and explore new opportunities in alignment with their expertise.
These talent pools were carefully sourced by AIPMA team from various centres.
Coming up in next month, AIPMA is all set to exhibit in INDIA AIPMA PAVILION at NPE The
Plastic Show, Florida, USA at Orange County Convention Centre, Orlando. AIPMA has taken
up 4000 sq. ft. Exhibition space where 35 companies will be exhibiting their products. We are
also taking 60+ visitors to the show.
NPE2024 is expected to feature a wide range of exhibits, educational sessions, and special
events tailored to the needs and interests of professionals involved in plastics manufacturing,
processing, design, and related industries. It's a valuable opportunity for industry stakeholders
to stay updated on advancements, connect with peers and suppliers, and gain insights into
the future direction of the plastics industry. The event provides a comprehensive platform
for exhibitors to showcase their latest products, technologies, and services while also offering
attendees opportunities for networking, knowledge exchange, and exploring emerging trends
and innovations in the field.
With this, AIPMA is initiating the positive step towards foreign opportunities and helps The
Indian Plastic Industry stand globally.

Rajiv B. Tolat
Hon. Editor
publication@aipma.net

PLASTICS NEWS 9
April 2024