Page 30 - Plastics News January 2021

FeAtures

Q. What are your observations after Q. What do you think about the domestic

COVID Pandemic Plastics Industry?
There are many lessons learnt. We are a export driven The domestic Plastics industry is quite well-placed
company catering to a majority of US and UK markets and we are very competitive as well. What I mean the
supplying our range of Kitchenware / Homeware, and industry needs to work on capacity enhancements and the
yes we were literally freezed sort of, for some 50 odd Professionalism that can serve global market.
days but as international activities started gradually and Q. How does International Ban on Single
so did we. Honestly after COVID we have been seeing
higher order flow vis- a-vis Pre-COVID. There are many-a Use Plastics affect the industry?
reasons, be it the supply chain/ logistics (that were dried We make sustainable products and have assigned many
up) and alike, interestingly, one could see an trend of a sustainable goals. All our product packaging are FSC
international buyers looking for Indian alternatives to certified our packaging also comes from controlled
their Chinese counterparts (manufacturers/ exporters). packaging sources and most of our products are made
This additional demand has come with challenges in using quality recycled plastics grade / compound. Coming
terms of overall capacity and we have been working on to ban I don’t think the Product application will have
on building the Capacity , ramping up capacity, and the any affect but yes it might affect to other SUP dominated
skilled talent as well. players .The consumers are very much aware. The industry
Q. Can we talk in terms of the expected needs to work on educating and try to reduce waste as
growth? much as possible

Yes we can, as said we have received an increase order Q. What are the options available?
flow and this should help us register an overall 8-10 There are many options in Plastic engineering and
percent growth and annually we might look for around Recycling and handling waste. The industry needs to work
matching up our topline business as per last year. on recycled plastics. They have to look on good product
Q. Are you working on capacity building design. Recycle is the only way to survive. Processors need
to be sensitive towards the health of society at large and
as well? work collectively

Yes, we are in the process of looking another plant in Q. What are your expectations from the
Gujarat, may be towards like say Bhilad, sarigram and
nearby area for we are looking for a larger piece of land Fiscal Budget 2021-22
area and perhaps should be in position to commence To be honest I feel Budget has lost its relevance (to
production by next year. Our manufacturing facilities in public now) and to me it’s just a government process
Daman and Silvassa, are not only among the finest in the with numbers . I don’t think any businesses decide their
home goods sector in India, but also on par with the best activities looking at the Fiscal Budget or the financial
in the world. Here, cutting-edge technology and years of deficit they look at it in broader way. Let’s talk about
experience come together to create a seamless process suffering be it duties on Anti Dumping machinery, raw
that ensures both quality and efficiency. materials, quality finished goods. There should be a free
Q. Can we talk about investment that you trade and no uncalled duties. There has to be a balance
and quality check as well.
plan? Q. Any advice to domestic Industry..

Yes we do have a investment plan, for the new plant we
expect around some crores for land acquisition, machinery We should not complain and change with time and upgrade
and setting up of plant. We are also investing for increasing ourselves. If you are shy of investment then there is no way
the capacities and expansion at our existing plant in Silvassa forward. Every two years one should assess the business
that has an annual capacity of 18000 MT. For the Silvassa plans and objectives. There is a lot of growth and market
plant we had ordered over some additional machines that available.
are expected to be delivered in this quarter and that shall
ramp up our additional capacity by at least 2000 MT.

Plastics News Januar y 2021 30