Plastindia 2023 Sees Healthy Footfall, Brings Together Major Plastic Players
Plastindia 2023, a major annual exhibition organised by Mumbai-headquartered Plastindia Foundation, was held at Delhi’s Pragati Maidan from 1st February to 5th February 2023.
The event was inaugurated in presence of Mr. Jigish Doshi, President of Plastindia Foundation, Mr. Ajay Shah, Chairman, NEC, Mr. Jayesh Rambhia, Treasurer, Plastindia Foundation and Mr. Ravish Kamath, VP, Plastindia Foundation.
Over 1,500 Exhibitors at 11th Edition of Plastindia, Focus on Increasing Plastic Exports
Plastindia 2023, which was the 11th edition of the event, witnessed the participation of 1,519 exhibitors from about 79 countries. These included key names in the plastics industry like Reliance Industries Ltd. (RIL), ONGC Petro Additions Ltd. (OPAL), and other important players forward in the manufacturung chain such as KLJ Plasticizers Ltd., Sai Extrumech Pvt. Ltd., Bihani Manufacturing Company Pvt. Ltd., Uflex Ltd., Borouge PTE Ltd, and Shibaura Machine India Pvt. Ltd.
Diverse Range of Plastics Solutions at the Event
Speaking about the event, Mr. Ajay Kundra, CEO of Virgo Mark Pvt. Ltd., said that he had attended Plastindia 2023 as a visitor. He added that the exhibition was a success with regard not only to exhibitors but also to visitors. “Lots of solutions were offered and the event saw a healthy footfall”, he said, continuing that he was specifically looking for plastics raw material solutions and machinery solutions for his upcoming PVC conduit pipe plant. Mr. Kundra shared that this upcoming plant will produce PVC conduit pipes which are used for wiring purposes.
Focus on Export-Led Growth
Speaking about the event, Mr. Jigish Doshi, President, Plastindia Foundation, said, “The main aim of the exhibition is to facilitate export-led growth of the Indian plastics industry and help boost exports both in volume and revenues. Indian Plastics Industry is capable enough to compete in cost and quality to our neighbouring countries like China”.
The event featured a Reverse Buyer Seller Meeting (RBSM) which was arranged in association with Plastic Export Promotion Council (PLEXCONCIL), and with the support of Department of Commerce, Government of India under Market Access Initiative (MAI) Scheme. PLEXCONCIL is a non-profitable organisation under the Ministry of Commerce and Industry. PLEXCONCIL represents over 2,500 plastic exporters and is the apex body of the Indian plastics industry.
As per a report published by the Indian Brand Equity Foundation (IBEF) in December 2022, the value of India’s plastic exports during the 2021-22 financial year stood at USD 13.34 billion. Plastic raw material exports usually contribute the most to India’s plastics exports, and in FY-22 they constituted a 30.7% share of the total plastic exports.
Innovative Solutions Showcased at Plastindia 2023
Gujarat-based Pelican Rotoflex Pvt. Ltd., a manufacturer of flexible packaging printing machines, attended the event and showcased their Solomark 6450 new generation rotogravure press and Acrostar turret-type slitter, which were designed indigenously at the company’s Rajkot facility.
Pelican’s new generation Solomark rotogravure press features Electrical Line drive System (ELS) and is capable of producing high-quality prints in a time-efficient manner. The Acrostar turret-type slitter reduces downtime between working cycles and is capable of producing plastic film, laminate and paper rolls of desired size from a larger roll of the material.
Vinsak India Pvt. Ltd., a Gurgaon-headquartered digital printing solutions provider, launched its new wide-format digital printer, Digi-Jet 1000 at the event. “We want to be valued by our customers for bringing competitive solutions, reliability, comfort and convenience to their lives and businesses”, said Mr. Ranesh Bajaj, Director, Vinsak India. He continued, “Our guiding principle remains ushering in an era of high technology in the packaging industry”.
Uflex Ltd., a Noida-based flexible packaging solutions company, showcased its ELS machine, splitters, solvent-less laminating machine, solvents used in flexible packaging, adhesives, coatings, etc. at Plastindia 2023.
Amongst international participants, Canada’s Husky Technologies showcased solutions for food and beverage packaging, medical device producers and consumer goods at Plastindia’s 11th edition. These included the company’s trademarked ‘ICHOR’ medical injection moulding system and ‘Schottli’ moulds. Husky also showcased its hot runner and controller technologies used for temperature control during the moulding process.
Mr. Wassim Labban, Husky’s Vice President of Rigid Packaging for Europe, Middle East, India and Africa (EMEIA), South-East Asia (SEA) and Australia and New Zealand (ANZ), said, “Our goal in India is to continue developing and delivering the right mix of technologies, solutions and services that enable all producers to meet current trends in increasingly responsive, adaptable and diverse ways”.
CEO Conclave at Plastindia 2023 Attended by Over 90 CEOs
Plastindia 2023 hosted a CEO conclave on 3rd February 2023. This event saw the participation of over 90 CEOs of plastic companies based in India and overseas. The session was chaired by Union Minister of Chemicals & Fertilizers, Dr. Mansukh Mandaviya.
Addressing the CEOs, Dr. Mandaviya said, “These brainstorming sessions are important for exchanging ideas and best practices. It will bolster the ecosystem of stakeholders involved in plastic industry”. He emphasized the importance of catering to the needs of wealth-creators at the event. “India provides a big market as the consumption power is increasing along with a rising middle class”, he said.