The Development in the Indian Polymer Packaging Products has brought in the revolution with more than 60% of the polymers consumed in India being consumed for packaging applications. With the polymer consumption in packaging being at 5.3 Mn Mt in 2011, it is slated to reach 10 Mn Mt by 2020.
The Indian automobile industry has also played a crucial role in the growth of the Indian Plastic Industry. With the growing middle class & rising income levels, the automobile markets are increasing. Plastic also plays a crucial role in the manufacturing process.
The boost in the Indian Packaging sector has also given a facelift to the Indian plastic segment, with the sales turnover of Indian packaging industry is likely to touch USD 43.7 billion by 2016, the plastic segment and the SME’s surely have more scope to grow.
India poised for strong growth; GDP to rise 7.3% in FY15 Growth in India is expected to remain strong and stable in 2015 (at 7.3 percent) and 2016 (7.4 percent). The recessions in Russia and Brazil are projected to give way to low but positive growth in 2016
The IPLEX – 2016, the 7th Edition of the Southern Regional Plastic Associations Initiative is being held at the CIAL Exhibition Centre in Kerala, India from Aug 26th to Aug 28th 2016. This IPLEX 2016 is the image of the successful past 06 Editions held at Chennai, Hyderabad & Bengaluru, which was supported immensely by the industries across India & Globe. It has the patronage from the major polymer producers and Govt. of India along with local governments.
We, the consortium of southern state associations welcome you for the 7th Edition of IPLEX 2016 with positive benefits to the industries participating and request you to start finalizing the stall bookings at the earliest.