Page 14 - Plastics News January 2018

AipmA At work

• Concessional import duty under FTA’s for Plastic increased availability and competitive cost of raw
finished goods should be abolished. It should be material will help the domestic plastic processing
kept out of the purview of FTA’s as it not only industry.
effects viability of domestic production but • Expedite standardisation under BIS initiative
also depresses large MSME sector (more than to counter cheap imports invariably made with
80% Plastic processors are MSMEs). Government larger content of recycled inputs.
of India needs to protect the domestic plastic
industry as once tariff concessions are granted • Revocation of permission to set up warehouses
to foreign players under FTA, besides new in India for stock and sales that takes advantage
investments, the existing production capacities of low duties.
created by Indian manufacturers with huge • Inverted duty structure under various FTAs should
investments would be at stake and jeopardize be removed.
petrochemical products inherent growth potential
and undermine its contribution to the national • Processed plastics have a big potential for exports.
economy. We urge GOI to explore possibility of All FTA's currently don’t include preferential duty
excluding Plastic finished products from tariff or zero duty treatment for exports of plastics,
concessions. Secondly, levy cess on import of GOI should actively press for the same.
finished goods to support “Make in India”. Across 6. Support to PVI 2020
the board, increase in import duties to 15% should • Support of Ministry of Commerce & Industry
be made on imported plastic products that are to organize Reverse Buyer Seller Meet during
undermining Indian manufacturing base. Thirdly, Plastivision India 2020
provide safeguard duty provisioning to support
the domestic industry. • Support for organizing National Vendor
Development Programme during PLASTIVISION
• GOI is requested not to include and agree for INDIA 2020
market access under zero-for-zero approach
under the FTA’s for the finished goods items made • Organize seminars on export policy and
of Plastics. procedure for Indian industry specially MSMES
during PLASTIVISION INDIA 2020.
• With the proposed review of FTA’s, the industry
urges Ministry of Commerce & Industry to • Request for logo support of Ministry of Commerce
expand and include tariff reductions in the & Industry, Government of India for PLASTIVISION
area of Plastic Machinery (includes Injection INDIA 2020.
Moulding Machine, Extruders, Blow Moulding Hon’ble Minister assured all support to the Plastic industry.
Machine, Thermoforming & Roto Moulding). He requested Mr. Shymal Mishra, Joint Secretary, Ministry
Import duty on all finished machinery for working of Commerce & Industry to look in to these demands and
plastic and almost all input material should be extend all required support to the Plastic industry. He also
‘zero’ under FTA’s. This will enable transfer of stated that he is aware of the industry and its strength
latest technologies to India thus enhancing the in supporting India’s economy and therefore all possible
competitiveness of Plastic processors resulting support would be extended.
in increase of exports of plastic finished goods.
The meeting ended with thanks to the Hon’ble Minister
• We urge Government of India to extend reduction for providing this opportunity for discussions.
in tariff for import of Plastic feedstock as the

Plastics News Januar y 2018 14