Page 16 - Plastics News August 2019

AIPMA AT WORK

Investments in Odisha. The Plastic Park is just next to the
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for the Plastic Industry and employment based incentives.
The presentation was well received by all present. Our
Knowledge Partner- Mr. Manish Poddar introduced his
Company SDP & Associates and spoke on Credit and
Financial Discipline for Bank Borrowings. He believed that
MSMEs play an important role as the backbone of Indian
economy by generating employment and contributing
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depend on being adequately funded. He mentioned the
SMERA can help. Assam Plastic Park – Tinsukhia peaker advantages of maintaining good credit and financial
Mr. Virendra Mittal IAS, mentioned that the Plastic Park discipline.
is well connected by Air, Rail and Road. Almost 10% of
India’s total exports of plastics are exported to markets The second session ended with a question answer session
neighbouring Assam. They also have certain Government and was followed by some networking and one on one
schemes like, Income Tax reimbursement, employment interactive meetings between the Financial Institutions
incentives, stamp duty exemptions and 2% Interest subsidy and the attendees.
on working Capital for 5 years. At the successful completion of the event, our VP South,
Odisha Plastic Parks – Speaker, Dr. Bhaktakabi Das spoke announced the next AIPMA MSME Financial Conclave on 7th
on Opportunities in Plastic and Petrochemical sectors - September, 2019 at Taj Deccan, Banjara Hills – Hyderabad.

CONDOLENCE

This is to inform you that, Dr. T. Biswas – Veteran and inspiration of Plastic
Industry Entrepreneur, mother of Mr. Rajiv B. Tolat – Hon. Editor Plastics News,
who gave her relentless service to AIPMA as Election Committee Chairman, Hon. Editor -
Plastics News, and on various different capacities, passed away on 1st August, 2019.
Team AIPMA offers its condolence to the bereaved family.

Plastics News August 2019 16