Page 7 - Plastics News October 2020

This year has been witnessing a lot of changes for the plastic sector. It was filled with ups and
downs and most of us would like to believe that we have learnt from our experiences. AIPMA
being an apex trade body and our main motive to work for the betterment of the industry, has
been very closely witnessing the industry scenarios from the perspective of the policy makers
and the government. Hence always provides suggestions and recommendations to the
government in the light of the industry.
Accelerated globalization, rapid change in technology, and growing consumerism has brought
about new changes and abundant opportunities for petrochemical companies in the Indian
plastics industry to grow locally and globally. Meanwhile, significant investments are also
expected in the Indian plastics industry over the next few years, due to its quickly expanding
market size. The plastic industry in India is one of the fastest growing sectors which are
expected to increase further due to growing demand for affordable packaging.
DP-World's UAE Region introduced the India-UAE Bridge is a trade and investment
development initiative. Leveraging our vast portfolio of ports, inland logistics and industrial
zones in both UAE & India and globally, it is aimed to enhance access to new opportunities /
markets, provide seamless supply chain solutions and complement India's vision of “Make in
India to Make for the World”; and facilitate profitable investments for Indian businesses.
Chandrakant Turakhia
AIPMA got a chance to organize a webinar with DP World, “DP World-Enabling India's Plastic
Sector to go global” which provided an ideal platform to the plastic industry to learn more
about the initiative and grow their business globally. DP World is a leading trade enabler and
one of the top global marine terminal operators, with a presence across 78 terminals in 40
countries and 9 logistics parks globally.
AIPMA and the state plastic associations recognizes the responsibility towards environment, is
committed to the cause to reduce plastic pollution and is aligned with the government on this
issue and has taken various steps in that direction.
We sincerely appreciate the effort of the government in providing the Uniform EPR Framework
Guidelines. We believe that the guiding principles in the proposed EPR framework aims to
achieve increased collection and recycling rates while creating a roadmap for cost-efficiency,
value chain optimization, and a transparent and well-functioning waste management
ecosystem. And, if implemented well, EPR can be a strong guiding path towards transitioning
to a circular economy.
Though some of us may not be fully acceptable towards EPR, have difference views all
together, and lack basic knowledge about EPR, its legal obligations and the current ongoing
scenario on the subject. Understanding the importance of EPR for the industry and the need for
clarity on various aspects of it, AIPMA organized webinar “Extended Producers
Responsibility- Legal obligations, current Scenarios and way forward”. The webinar
focused on EPR legal obligations, current scenario and way forward followed with a Question
and Answers session in order to facilitate knowledge exchange, insights and guidance to the
industry.
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AIPMA also organized its 3 executive workshop of the profit leadership series on “Material
Cost Optimization”. The Profit Leadership series have succeeded to gather immense support
from the industry which keeps increasing with each workshop organized looking at the valuable
output and loads of knowledge the audience gains from the industry experts directly.
The “Material Cost Optimization” session was aimed at making the industry familiar with
learnings like KPIs Governing Manufacturing Cost, diagnosing the baseline KPIs that control
conversion cost, Principles of Lean Manufacturing Systems and help prepare a roadmap for
factory design to improve throughput.

Chandrakant Turakhia
President
president@aipma.net

October 2020 7 Plastics News