Plastics – The Ultimate Frontier
Greetings for a safe and successful 2021!
The word ‘vaccine’ is music to our ears! The next few months would see India creating history in executing her vaccine project…on a scale that mankind has never witnessed. As we now enter the final lap of this pandemic, you have done very well this far, please exercise all precautions (S-Sanitising, M-Masks, S-Social Distancing) as communicated by the Government in helping conquer the pandemic!
Plastics, as a material, has come out as a true warrior in this period and has played a pivotal role in this fight against COVID-19! This is something that the world respects. Overall, the plastics industry has performed exceedingly well. Most sectors inplastics have excelled in business. Infact, packaging, healthcare and automotive are booming! I see that in the coming times, recycling business will flourish; narrowing down further, recycling of medical waste, e-waste and white goods waste are sectors which will experience exponential growth.
There are challenges too that need to be managed. Shipping cyclesare totally disturbed. Freight costs have increased 5 to 15 times! A big impact on exports.As most would experience, the polymer prices are very volatile. This is primarily due to a Covid induced disturbed production of many petchem units across the globe. This surely is a matter of concern. I personally see this stabilising by March’21 and in the next few months thereafter, coming to normalcy.
The Hon’ble Prime Minister’s dream of Aatmanirbhar Bharat and Make-in-India will provide tremendous fillip to the domestic industry that now needs to be showcased to the world. For the plastics industry, it’s PLASTINDIA 2022 that will provide the largest and globally the most respected ‘store-front’ for you to showcase your products and abilities to the world. Maximise your presence at PLAST INDIA 2022 as PragatiMaidan, New Delhi readies itself to provide you a never-before-experienced exhibiting / visiting delight! See success unfold with your own eyes at PLASTINDIA 2022.
As I close, every time is the right time for growth and opportunities. Make the most of it. It’s time to create ‘one voice’. It’s time that all associations, business sectors, and companies align together to build a singular momentum. For the industry, it’s important to be ready to capitalise on the upcoming golden era!