Page 20 - Plastics News September 2021

FEATURE

etc. The only factor that differentiates in the manufacturing as well as selling everyone does their bit, “we can move
bio-polymers and traditional plastics of bioplastic products such as gloves, in the right direction”. He says the
is sustainability and biodegradability. plastic bags, cutlery items, and more. COVID-19 pandemic has given a good
According to Mukul, plastic made Talking about Europe and the widespread opportunity to India to expand its global
from this polymer will supposedly adoption of bio-polymers in the global reach. “They (the global suppliers) still
disintegrate after 12-14 weeks, and will market, Mukul says, “While we (India) rely on China but want to shift to other
completely biodegrade after six months. are in the learning phase, in Europe, they countries as well like India, Vietnam and
The product was launched in the export already have set standards, procedures and Taiwan.” In the near future, Hi-Tech
market in November 2020 (in Mexico, applications for bio-polymers. They have will reach out to more brands across
France, Brazil, South Africa, etc.), and adopted it in their daily life while here, different sectors in order to educate
was launched in India in June 2021. we are still educating the Indian market.” them about bio-polymers, and wants
While the concept of adopting bio He further adds that Indian companies, to penetrate deeper into the existing
polymers is at larger scale abroad it is especially ecommerce ones, where markets. It is specifically looking at
still at nascent stage in India. According the use of plastics in packaging is targeting companies in the frozen foods
to a study bIndia’s bioplastics market widespread, must take the initiative of and ecommerce segments by reaching
is expected to reach $754.648 million adopting bio-polymers. “Rome was not out to the people responsible for the
by 2025. In the global market, Europe built in one day, but we have to make a packaging verticals of these companies.
dominates the space followed by China. start. Big brands can start by adopting Going forward, the company also wants
India is home to several companies in the 5 or 10 percent bio-polymers, and then to build a solid and resilient supply chain
sector such as Bioplastics International, gradually expand.” Mukul feels there is by directly connecting with corn farmers
Ecolife, Plastobag, Truegreen and a natural inclination among people to or starch manufacturers.
more. These companies are involved adopt sustainable alternatives, and if

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