Page 24 - Plastics News December 2019

AipmA At work

All INDIA PLASTICS ASSOCIATIONS MEET

he All India Plastics Manufacturers Association (AIPMA), Processors of India Maharashtra Plastic Manufacturers
Ta 74-year-old and the largest Industry association in Association, Karnataka State Plastics Association,South
India representing 22,000 industrial units organized an Gujarat Plastic Manufacturer's Association, Saurashtra
Emergency All India Plastics Associations Meet in Hotel Plastic Manufacturers' Association, Pimpri Chinchwad Plastic
Taj Santa Cruz, Mumbai on Association , Telangana and
9th December 2019. The HIGHLIGHTS Andhra Plastics Manufacturers
meeting was called in wake Association, Indian Plastics
of emergency measures Common Stand of 30 Plastics Associations all over India Federation, Plastics Export
Government of India should not increase import duty
1.
that needs to be taken by on polymers (raw material) in order to save domestic Promotion Council
Government of India to plastics processing industry
revive the industry and • Import duty on PE and PP should be kept at 7.5% The industry deliberated
put it back on the growth • Import duty on PVC should be reduced from 10% on many critical issues
trajectory. The All India to 7.5% and came to a common
Plastics Association Meet stand on following key
was attended by more than • Import duty on PET should be kept at 5% issues: -
70 participants representing • Import duty on SAN, ABS to brought down to 5% 1. Restructuring of Custom
31 industry associations • Import duty on Polystyrene should be kept at 7.5% duties
from across the country, 2. Delta of minimum 10% should be maintained between 2. Anti-Dumping or Safeguard
industry champions and custom duty of raw material and plastics finished Duty to be applied on import
other key stakeholders. Mr. goods. of cheap Finished Products
Jagat Killawala, President 3. Impose Anti-Dumping or Safeguard Duty on import of 3. Review of Foreign Trade
of The All India Plastics cheap Finished Products Agreements
Manufacturers Association 4. All existing FTA’s should be reviewed and plastics
said that the Plastic finished /semi-finished goods should be excluded from 4. Enforcement of mandatory
Industry is one of the major all FTAs. BIS standards
contributors to the Indian 5. BIS standards should not be made mandatory on raw 5. Technology Upgradation fund
economy and is expected material as it will create price rise and disruption in for the industry
the industry. BIS and international standards should
to play a key role in India be treated at par. Taking in to account the short
becoming US $5 Trillion 6. BIS standards should not be made mandatory on term as well as long term growth
Economy. Mr. Killawala plastics finished goods. of plastics processing industry,
further reiterated that 7. Long pending proposal for Technology Upgradation the industry associations
Government should engage Fund for plastics industry should be implemented unanimo usly demanded
strongly with the industry immediately government to not come under
to ideate and implement 8. Exponential increase in Insurance premium for the pressure from any quarter to
impactful policy solutions industry should be rolled back immediately. increase custom duty on key
for higher growth.
raw material. The industry
The industry is currently witnessing depression in the demanded that custom duty of PVC should be brought
market which has led the industry to halt their expansion down from 10% to 7.5% as nearly 50% of demand in India
and investment plans said Mr. Arvind Mehta, Chairman, is being met through imports due to lack of domestic
Governing Council, AIPMA. Mr. Mehta further highlighted capacity. Any increase in custom duty will affect the
the need for Government to come out with clear cut plans agriculture sector due to high use of PVC pipes and
and strategy on various fronts in order to spur growth. fittings. Custom duty of Polypropylene and Polyethylene
should be retained at 7.5%. If increased, it would have
Major Plastics Association present were Gujarat State
Plastic Manufacturers' Association, Organization of Plastics adverse effect on automotive, healthcare segments

Plastics News December 2019 24