Plast India 2009:

The Global Future of Plastics

Global Plastic Consumption is projected to go up to 150 MMT. by 2010

World packaging consumption: By 2009, Rigid plastics global consumption will be US$ 120 bn. and Flexible plastics global consumption will be US $70 bn. With this global consumption of plastics in packaging will be US $ 190 bn. & 2nd to Paper and Board, exceeding US $210 bn.

Why India

India offers investors a resilient economy, macro economic reforms, huge demand potential, global competitiveness, effective productivity, strong manufacturing base, strategic location, intellectual capabilities, outsourcing haven, leadership in commodities and a most attractive emerging market in retailing.

Positive Projections

A Morgan Stanley study estimated that with rising incomes and a better demographic profile, flows into the equity market from Indian households could rise from 0.2 per cent of GDP in 2005 to 5.4 percent of GDP by 2010. Household savings have moved on to a higher growth trajectory from the 17% of GDP in 1990s to 29% at the beginning of 2006.

The boom in services will result in invisible exports of US $150bn by the end of the decade. India holds a share of 44% of the global offshore outsourcing market for software and back-office service.

India is moving towards becoming the manufacturing hub for global sourcing with 4 hubs of 25,000 acres each, coming up near Mumbai, with an investment of US $50 billion. Skill-intensive offshore manufacturing will yield US $1.6 trillion annual opportunity.

According to A.T. Kearney's Global Retail Development Index, India ranked first in 2005 and 2006 among emerging countries on the urgency for retailers to enter the country with a US $ 350 bn. retail market. This will be a tremendous boost for the Plastics and Packaging Industry vis-à-vis the FMCG sector.

As opposed to other BRIC countries like Brazil, Russia & China who depend on coffee, oil and utilities respectively, India offers a wider range of industrial segments for investment purpose. India is now the third most favoured destination for Foreign Direct Investment (FDI), behind China and the USA. India has moved up a good three notches to its highest ranking ever. While global enterprises like Posco, Mittal Steel, SemIndia, Microsoft, Nokia, Boeing, BMW & Samsung have committed to invest US $ 26 bn., FII's have brought in US $10 bn. In 2005.

India has moved up 10 notches in world competitiveness ranking from 39 to 29 ahead of South Korea according to Switzerland based international institute of Management Development (IMD).

India Opportunities

The Indian Plastics Industry has been growing at a phenomenal rate of 15% over the years and with its true potential harnessed, it is all set to reach the 12.5 MMT consumption mark, making India the 3rd largest consumer of plastics by 2010. To match this figure, India would require 30,000 new machines and around US $ 9.5 billion of project investment. Experts have predicted that India's market for finished plastic goods will reach US $300 billion by 2012, while exports are expected to top US $200 billion in the same period.

The Electronics, Packaging, Healthcare, Consumer Durables and Telecommunication are fast growing sectors of Indian economy offering growth for plastics consumption.

The importance of infrastructure for sustained economic development is well recognized in India. The country has made considerable progress in the last ten years in attracting private investment intzo the infrastructure sectors in telecommunications, ports, roads & power etc. The sector is estimated to grow at the rate of 15 per cent over the next few years. India has the potential to absorb US $ 150 bn. of foreign direct investment in the next five years in the infrastructure sector alone. This will offer tremendous opportunity for consumption of plastics.

India's Agricultural Ministry has planned focused development of plasticulture to cover 17 million hectares under micro irrigation system which will boost demand of plastics from 216 KT in 2006 to over 2500 KT in next 5 years.

Plastindia Foundation

PLASTINDIA FOUNDATION is the apex body of major associations, organisations, and institutions connected with plastics, with common objectives to promote the development of plastics industry and to assist the growth of plastics and related materials and their products. The Foundation is dedicated to progress through plastics.

Some of the feedback received during the survey conducted by AC-Nielsen ORG-MARG during Plastindia 2006

92% of visitors were highly satisfied with new products & technologies demonstrated by exhibitors.

Close to 90% of visitors felt that the purpose of visit was achieved and 90% of visitors promised to come back at Plastindia 2009.

Close to 85% of exhibitors were very happy with visitor's responses, trade opportunities and facilities provided.

It was estimated that close to 80,000 business visitors visited the exhibition.
The six-day mega event offered an ideal meeting place for buyers and sellers, technical know-how, joint ventures etc. and also enhances business prospects, strategic alliance and technology transfer. Plastindia plans to continue the tradition of each exhibition outclassing the previous exhibitaion in terms of number of exhibitors, area covered and business generated.

Major Exhibitor Groups

• Raw Material, Polymer & Resins, Intermediates, Blends & Alloys, Compositives

• Speciality Chemicals, Masterbatches, Additives, Colourants, Fillers & Reinforcements

• Processing Machinery

• Ancillary Equipment / Instrumentation

• Finished Products

• Mould & Dies

• Post processing equipment for Printing, Plating, Lamination, Surface Enhancement and Decoration of Plastics

• Quality Control and Testing Equipment

• Trade Promotion Bodies and Professional Associations

• R & D, Education & Training Institutes

• Technical Publishers, Standards etc.

• Recycling

• Plasticulture
  

Plast India 2009
7th International Plastics Exhibition and Conference

Venue : Pragati Maidan, New Delhi
Duration : January 31 - February 5, 2009 .

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