From the President’s Desk

Dear Members,

Greetings from Organization of Plastics Processors of India!

During OPPI Annual Meet held on 4th August 2023, I had an opportunity to interact with the Indian Plastics Fraternity at Taj Santacruz.

The talk by Mr. Sunil Kant Munjal, Chairman, Hero Enterprise on – “Managing Transition In Family Owned Business” was exceptionally good and very well received by all the participants.

A detailed report with photographs of OPPI Annual Meet 2023 appears in this issue of Plastiscope.

Hon'ble Minister for Commerce and Industry has set the target for exports of value added products to Rs. 10 Lakh Crores by 2025. However, On the export front, India exported plastics worth USD 899 million, lower by 18.6% from USD 1,103 million in June 2022. Cumulative value of plastics export during April 2023 - June 2023 was USD 2,785 million as against USD 3,276 million during the same period last year, registering a decline of 15.0%. What is true for the plastic sector is also true for exports of other products. Thus it appears that the economic situation in various countries is under stress resulting in less demand.

In view of the above Organization of Plastics Processors of India is considering taking delegations to various countries to import value added plastic products and plastics processing machinery in substantial quantity. Kindly suggest the names of various countries to which OPPI should take delegations.

Govt. of India is notifying and implementing BIS for Plastic Polymers.

Quality Control Order on ABS was implemented with effect from 12th June 2023. BIS has introduced minimum Quality Standards for the manufacturing and imports of Polypropylene as well as PVC.

Quality Control Order on Polyethylene is due for implementation from 3rd October 2023. OPPI has strongly represented to the Department of Chemicals and Petrochemicals to defer the implementation of Quality Control Order on Polyethylene. We will keep you informed regarding further developments in this regard.

With Best Wishes,
 

Dilip Parekh
President