{"id":14147,"date":"2022-12-24T08:14:59","date_gmt":"2022-12-24T08:14:59","guid":{"rendered":"https:\/\/marudharchronicle.com\/index.php\/2022\/12\/24\/plexconcil-to-hold-indias-1st-export-focused-plastic-international-trade-fair-in-mumbai\/"},"modified":"2022-12-24T08:14:59","modified_gmt":"2022-12-24T08:14:59","slug":"plexconcil-to-hold-indias-1st-export-focused-plastic-international-trade-fair-in-mumbai","status":"publish","type":"post","link":"https:\/\/marudharchronicle.com\/index.php\/2022\/12\/24\/plexconcil-to-hold-indias-1st-export-focused-plastic-international-trade-fair-in-mumbai\/","title":{"rendered":"Plexconcil to hold India\u2019s 1st export-focused & Plastic international trade fair in Mumbai"},"content":{"rendered":"
\"\"<\/div>\n

\u00b7        Plexconcil aims to increase India\u2019s Plastic exports to USD 25 billion by 2025<\/p>\n

\u00b7        Plexconnect 2023 to bring global importers and Indian exporters under one roof<\/p>\n

\u00b7        Global supply chain disruption, big opportunity for India<\/p>\n

\u00b7        Plexconnect 2023 to promote technology exchange between India and leading global technology providers<\/p>\n

Mumbai (Maharashtra) [India], December 24<\/strong>:<\/strong> As India emerges as the global sourcing hub, the Government-promoted Plastics Export Promotion Council (PLEXCONCIL) will organise the country\u2019s first ever export-focused trade fair for plastic industry from 15-17 June 2023 in Mumbai.<\/strong><\/p>\n

\u201cIndia currently exports plastics to over 200 countries and due to the changing business paradigm, we see a major opportunity for boosting the opportunities in developed economies as well as emerging markets for the industry,\u201d said Hemant Minocha, Chairman of PLEXCONCIL.<\/strong> With disruption in supply chains, global economic cooperation continues to reduce dependency on traditional sourcing destinations. India, thus, has emerged as a leading sourcing hub for numerous products, including plastics products, Minocha pointed out.<\/p>\n

In this context, the exhibition PLEXCONNECT <\/strong>to be held at Bombay Exhibition Centre (NESCO), Goregaon, from June 15 to 17 assumes significance.<\/p>\n

Global export market of all plastics products is valued at USD 1.2 trillion<\/strong> in which India\u2019s share is about 1.1%. \u201cThis is where, the Indian plastic industry has a lot of ground to cover even as we attract the global majors to source from and invest in India, as envisaged by the Prime Minister,\u201d said Ravish Kamath, Chairman-Plexconnect 2023.<\/strong><\/p>\n

For over six decades Plexconcil, with the active support from Ministry of Commerce and Industry,<\/strong> has been driving and accelerating the exports growth of the Indian Plastics industry, he said.<\/p>\n

Now, the Council intends to bring a larger number of the industry players, MSMEs<\/strong> in particular, into the exporter fraternity and help them grow with the economy, Kamath said.<\/p>\n

The Government has been focusing on renegotiating and fast-tracking Free Trade Agreements (FTAs) with numerous countries including the UK, Canada, EU<\/strong> and so on. India has recently concluded its trade agreement with UAE under CEPA & Australia under ECTA. Plus, there several Government schemes and subsidies from the MSME Ministry, Ministry of Commerce, etc to facilitate and promote exports. \u201cPLEXCONCIL is keen that the MSMEs take full advantage of these, Sribash Dasmohapatra, Executive Director of Plexconcil<\/strong> said.<\/p>\n

He explained that PLEXCONNECT 2023<\/strong> will be a unique platform designed to bring the global plastics fraternity and allied industries under one roof and showcase the prowess of the Indian Plastics Processing Industry.<\/p>\n

The expo will attract top machinery manufacturers from India as well as countries such as Germany and Italy<\/strong>, as well as showcase live machine demos, recycling technologies, technical seminars and more which will provide an excellent opportunity for the indigenous industry, he said. A Reverse Buyer Seller Meet will also be held where 600<\/strong> unique select buyers from 115 countries<\/strong> to source their requirements from India.<\/p>\n

India\u2019s plastics export has been growing at a CAGR of 12%<\/strong> and PLEXCONCIL plans to double exports to reach USD 25 billion by 2025<\/strong>.<\/p>\n

India<\/strong> currently exports to over 200<\/strong> countries globally including China, the US, UAE, Bangladesh, Nepal, UK, Turkey, Germany, Italy and the Netherlands.<\/strong> <\/p>\n

The Plastics Export Promotion Council (PLEXCONCIL) \u2013 which acts as a bridge between the Industry and the Government – was established by the Ministry of Commerce & Industry, Department of Commerce, and Government of India on 15th July, 1955, as a non-profit organisation. It was one of several Export Promotion Councils (EPCs) launched by the Government to project India’s image abroad as a reliable supplier of high-quality products in order to give a boost to the country\u2019s exports.<\/p>\n

PLEXCONCIL is the apex body of the plastics industry in India and represents over 2,500 exporters who manufacture\/export plastics products ranging from plastics raw materials to semi-finished and finished items. The Council has its headquarters in Mumbai, and regional offices in New Delhi, Kolkata, Chennai and Ahmedabad.<\/p>\n

Products from the Indian plastics industry are exported to over 200 countries across the globe.<\/p>\n

For updates:\u00a0https:\/\/plexconcil.org\/<\/a><\/p>\n

If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.<\/p>\n","protected":false},"excerpt":{"rendered":"

\u00b7        Plexconcil aims to increase India\u2019s Plastic exports to USD 25 billion by 2025 \u00b7        Plexconnect 2023 to bring global importers… <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[656],"class_list":["post-14147","post","type-post","status-publish","format-standard","hentry","category-business","tag-business"],"_links":{"self":[{"href":"https:\/\/marudharchronicle.com\/index.php\/wp-json\/wp\/v2\/posts\/14147","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/marudharchronicle.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/marudharchronicle.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/marudharchronicle.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/marudharchronicle.com\/index.php\/wp-json\/wp\/v2\/comments?post=14147"}],"version-history":[{"count":0,"href":"https:\/\/marudharchronicle.com\/index.php\/wp-json\/wp\/v2\/posts\/14147\/revisions"}],"wp:attachment":[{"href":"https:\/\/marudharchronicle.com\/index.php\/wp-json\/wp\/v2\/media?parent=14147"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/marudharchronicle.com\/index.php\/wp-json\/wp\/v2\/categories?post=14147"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/marudharchronicle.com\/index.php\/wp-json\/wp\/v2\/tags?post=14147"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}