MUMBAI, 15^th DECEMBER, 2023 (GPN): The 12^th edition of ‘Plastivision India’ by All India Plastics Manufacturers Association (AIPMA), concluded on 11th December 2023 with great success and a record 2,34,090  visitors, 1280 exhibitors—71 of them were foreign exhibitors from 20  different countries, including China, Malaysia, South Korea, Germany, and Malaysia—displayed cutting-edge global technology and goods. In addition to creating over 1,00,000  employments, the event enabled deals worth 5000 crores in business.

With 101 buyers from 26 countries, Plastivision India 2023 experienced reverse Buyer and Seller interactions for the first time. Big Indian companies including Reliance, HPCL, IOCL, and JSW Group, among many others, honoured Plastivision India 2023.

Speaking on the glorious history of Plastivision India, Mr Manish Dedhia, President-All India Plastics Manufacturers Association (AIPMA) said, “Over the past three decades and still counting, Plastivision India served as the largest platform to bring together industry stalwarts, entrepreneurs, customers, and enthusiasts alike; helping galvanize growth opportunities both domestically and across key international markets for the Indian plastics industry. In this journey, AIPMA has served as the key catalysing element with its unceasing support and has in fact been at the forefront of mitigating challenges faced by the Indian plastics industry. Against this backdrop, it would only be fair to dedicate the success of Plastivision India 2023 to AIPMA’s members and 4 million+ collaborator community.”

Mr Arvind Mehta, Chairman, NAB and Governing Council, Plastivision India 2023 said, “In addition to sporting 10 distinct exhibitor categories to facilitate greater business opportunities for participating members and businesses, the 12th edition of Plastivision India also featured a reverse buyer-seller meet that saw international buyers interacting with prospective Indian firms including MSME’s for potential collaborations. 

Plastivision India 2023 also unlocked new business and networking possibilities for plastic processors, mould manufacturers, packaging companies, manufacturers, budding entrepreneurs, industry, and academic professionals alike.”  

Elaborating on the importance of the domestic plastics industry, Mr. Harpal Singh, Chairman of NEC- Plastivision India elucidated, “The Indian plastic industry is one of the leading sectors in our nation’s economy and has undoubtedly made substantial progress. Not only does it employ more than 4 million people in the country, it also remains largely driven by small and medium enterprises that account for nearly 90% of the overall manufactured output.

The Government of India has been supporting sustainable manufacturing through a slew of initiatives, Indian plastics manufacturers are expected to more than triple current economic activity to surpass the ₹10 lakh crore (US$ 126 billion) before the end of the current decade. In this context, promoting innovative technologies and sustainable processes will be critical and Plastivision India remains committed to fostering growth and learning opportunities that will support the vision of making India the global plastic manufacturing hub in the future.” 

Echoing the same sentiment, Dr Asutosh Gor, Co-Chairman Plastivision India further elaborated, “While the world veers towards promoting sustainable materials, entrepreneurs across the world are innovating new technologies and products that are upping the sustainability quotient of the plastics industry as a whole. In the Indian context, it is important that young technical talent and business minds alike, learn about the latest inventions and advances, leveraging frugal engineering concepts to produce world-class products with a better value proposition.”

Remarking on the importance of Plastivision India from an industry and networking standpoint, Mr. Chandrakant Turakhia, Co-Chairman NEC, Plastivision India added, “While there is no doubt about the future prospects of the Indian plastics industry, it is vital to stoke business, learning and networking opportunities amongst the industry constituents. This involves bringing together large Indian businesses, MSMEs as well as global leaders across different plastics segment and facilitating extensive interactions among them. PlastiVision India was immensely successful at achieving the objective of putting India on the global map and will now act as a benchmark for future editions to emulate.”

AIPMA’s Plastivision India is supported by the Ministry of Chemicals & Fertilizers, Department of Chemicals & Petrochemicals and the Ministry of Micro, Small & Medium Enterprises, with the event also holding the distinction of being the only trade fair exhibition from the plastic industry to be approved by UFI, the premier Paris-based global association and authority of the Exhibition industry. Moreover, apart from being the largest non-profit apex body that has been championing growth initiatives for the Indian plastics industry, AIPMA also organizes several national as well as international seminars, lectures, meetings, conferences, buyer & seller meetings, and training programs periodically.

About AIPMA:

The All India Plastics Manufacturers Association (AIPMA) is a leading trade association that represents the plastics industry in India. The association’s vision is to set up a Centre of Excellence to promote high-quality knowledge and industrial services for the rapid growth of plastics and its application industry. AIPMA has been working towards the development of the plastics industry in India for several decades and has been instrumental in promoting the use of plastics in various sectors.

About Plastivision India 2023:

PLASTIVISION INDIA is organized by the All India Plastic Manufacturers’ Association (AIPMA), the largest non-profit apex body working towards the welfare of the plastic industry. The event has a glorious history that dates back to 1992. Its huge success has made it rank among the top 5 plastics industry events held globally. PLASTIVISION INDIA is the only trade fair exhibition from the plastic industry approved by UFI (the premier Paris-based exhibition authority)