Page 16 - Plastics news December 2023

AIPMA AT WORK
PRESS RELEASE

12th edition of AIPMA’s ‘Plastivision India’ concludes,
registers 2,34,000+ visitors, surpasses previous records.

11th December, 2023: The 12th edition of ‘Plastivision India’ by All India Plastics Manufacturers’ Association (AIPMA),
concluded on 11th December 2023 With great success and a record 2,34,000+ visitors, 1280 exhibitors—71 of them
were foreign exhibitors from 20 different countries, including China, Malaysia, South Korea, Germany, and Malaysia—
displayed cutting-edge global technology and goods. In addition to creating over 1,00,000 employments, the event
enabled deals worth 5000 crores in business. With 101 buyers from 26 countries, Plastivision India 2023 experienced
reverse Buyer and Seller interactions for the first time. Big Indian companies including Reliance, HPCL, IOCL, and JSW
Group, among many others, honoured Plastivision India 2023.

Speaking on the glorious history of Plastivision India, Mr. Manish Dedhia, President-All India Plastics
Manufacturers Association (AIPMA) said, “Over the past three decades and still counting, Plastivision India served
as the largest platform to bring together industry stalwarts, entrepreneurs, customers, and enthusiasts alike; helping
galvanizse growth opportunities both domestically and across key international markets for the Indian plastics industry.
In this journey, AIPMA has served as the key catalysing element with its unceasing support and has in fact been at the
forefront of mitigating challenges faced by the Indian plastics industry. Against this backdrop, it would only be fair to
dedicate the success of Plastivision India 2023 to AIPMA’s members and 4 million+ collaborator community.”

Mr. Arvind Mehta, Chairman, NAB and Governing Council, Plastivision India 2023 said, “In addition to sporting
10 distinct exhibitor categories to facilitate greater business opportunities for participating members and businesses, the
12th edition of Plastivision India also featured a reverse buyer seller meet that saw international buyers interacting
with prospective Indian firms including MSME’s for potential collaborations. Plastivision India 2023 also unlocked new
business and networking possibilities for plastic processors, mould manufacturers, packaging companies, manufacturers,
budding entrepreneurs, industry, and academic professionals alike.”
Elaborating on the importance of the domestic plastics industry, Mr. Harpal Singh, Chairman NEC- Plastivision India
elucidated, “The Indian plastic industry is one of the leading sectors in our nation’s economy and has undoubtedly made
substantial progress. Not only does it employ more than 4 million people in the country, it also remains largely driven
by small and medium enterprises that account for nearly 90% of the overall manufactured output. The Government
of India has been supporting sustainable manufacturing through a slew of initiatives, Indian plastics manufacturers are
expected to more than triple current economic activity to surpass the `10 lakh crore (US$ 126 billion) before the end
of the current decade. In this context, promoting innovative technologies and sustainable processes will be critical and
Plastivision India remains committed to fostering growth and learning opportunities that will support the vision of
making India the global plastic manufacturing hub in the future.”

Echoing the same sentiment, Dr. Asutosh Gor, Co-Chairman Plastivision India further elaborated, “While the
world veers towards promoting sustainable materials, entrepreneurs across the world are innovating new technologies
and products that are upping the sustainability quotient of the plastics industry as a whole. In the Indian context, it is
important that young technical talent and business minds alike, learn about the latest inventions and advances, leveraging
frugal engineering concepts to produce world-class products with a better value proposition.”

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