Page 7 - Plastics News March 2021

THE PRESIDENT
THE PRESIDENT SAYS SAYS

AIPMA Pursues Its Concern Over Skyrocketing Prices

t’s been a very eventful and productive month for AIPMA. AIPMA has been sincerely working
Itowards its goal in safeguarding the plastic processing industry and taking all necessary
measures to promote its growth to the maximum.

The plastics industry in India constitutes of 50,000+ plastics processing units of which 90%
are MSME’s. The sector directly employs more than 50 Lakhs people and contributes more
than Rs. 3 Lakhs crores to the country’s GDP.

A meeting of 10 Plastic Industry associations led & organized by AIPMA with the Hon’ble
Minister of Commerce & Industry Shri Piyush Goyal to make him familiar with the on ground
reality of the plastic processing sector & its market.

Various issues faced by the industry were put forward. Exponential increase of raw material
prices, Import duty on plastics finished goods, Inverted duty, FTA (Atmanirbhar), Policy support Chandrakant Turakhia
for increasing exports from India, Production Linked Incentives (PLI) & various other issues
were some of the many issues which were highlighted and raised in front of the minister.
Shri Piyush Goyal had also asked for detailed submissions about the increased raw material
prices and potential ban on Single Use Plastics, which was immediately submitted by AIPMA
for further action. AIPMA additionally also presented suggestions and Recommendations for
further benefit of the industry. The Hon’ble minister has assured timely action and careful
consideration of the above mentioned issues in order to safeguard the plastic processing
industry.
AIPMA also got an opportunity to personally meet and put forward the industry’s concern
in front of Shri B.B Swain, Secretary, Ministry of Micro, Small & Medium Enterprises &
Shri Yogendra Tripathi, Secretary, Ministry of Chemicals and Fertilizers. AIPMA raised and
highlighted several issues faced by the plastic industry regarding the union budget 2021,
alongside presenting a set of suggestions for their careful consideration.

Looking at the increasing concerns around plastic waste management and recognizing our
responsibility towards the environment, AIPMA scheduled a meeting with Shri Naresh Pal
Gangwar, Joint Secretary, Ministry of Environment, Forest and Climate Change to discuss
the ongoing waste management issues and providing additional measures to overcome
this. After careful internal deliberation & discussions, AIPMA has also presented a set of
recommendations on The Plastic Waste Management Rules 2016 to be taken into consideration
before the new amendment.

Chandrakant Turakhia
president@aipma.net

7 March 2021 Plastics News