In an interview, Harshad Desai, Chairman, All India Plastic Manufacturers’ Association (AIPMA) Seminar Committee with Chemical Today magazine talks at length how plastics can help shape a better life. He also speaks about the dire need for the industry to innovate and be sustainable enough to survive.
Desai is also the Co-chairman of AIPMA Technology Centre, Business Advisor at Bloom Seal Packaging Pvt Ltd and Ex-executive Director at Hitech Plast Ltd.
By Shivani Mody
Opportunity for the plastics industry in India.
Plastic products give great opportunities to entrepreneurs, especially small and medium scale industries. Plastics are used in household, packaging, pharma, medical, engineering etc fields. There is a greater awareness for using grinding-scrap and recycled plastics for auto, road, clothing, carpets etc. Only the PET bottle scrap industry is more than Rs 3500 crore industry, excluding the use of HD, LD and PP etc material’s consumption, which is much more than PET and other engineering plastics. Plastic wastage is being used for fertilisers, fuel energy, road building etc. Approximately 2 ton of scrap is used in 1 km of road building. There are different grade of plastics for each fields. There are unlimited opportunities and prospects for plastic products in all fields. Today household, pharma and automobile industries are making maximum use of plastic components.
Read More: Plasticking sustainable growth
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