Gujarat Release

advertisement
P4 EXPO INDIA 2016
P4 sector tapping into the Gujarat guarantee!
In a bid to ensure 100 per cent success, the promoters and organizers of P4 EXPO INDIA 2016, an
international trade show on the plastics, petrochemicals, printing and packaging industry which is to
be held at Greater Noida, Delhi NCR from April 5 to 8, 2016, are making their pitch before the heads
of the plastics, packaging and chemical companies of Gujarat.
During a high profile event set to commence at 7 pm at the Ballroom of Crowne Plaza Ahmedabad
City Centre, industry leaders will be briefed about prospects the Expo will throw open to them and
their cooperation and participation will be sought, given that Gujarat accounts for 70 per cent of
India’s plastics and related industrial activity.
The Chief Guest of the evening was Shri O. P Kohli, Hon. Governorshri of Gujarat. Gracing the
evening and sharing the dais will be stalwarts including Ravi Aggarwal, President, All India Plastics
Industries Association (AIPIA) and Chairman of the Steering Committee, P4 Expo India 2016, Nitin
Shah, President, GSPMA, Tushar Parikh, Chairman, PLEXPO, Shirish Divgi, Managing Director,
Milacron India and Founder Member, PMMAI and Jeen Joshua, CEO, VERIFAIR Dubai
The turnover of Chemicals and Petrochemicals industries alone is expected to touch US$ 200 billion
by 2020, while Plastics, Printing and Packaging are expected to see a growth of over US$ 80 billion by
2020, making India an attractive market for global investors.
The All India Plastics Industries Association (AIPIA), representing 1,566 small and medium scale
plastic processing units and VERIFAIR, the Dubai-based multinational trade fair company, as
organizers of the Expo, have brought in very interesting facts and figures to bolster their case for
participation from Gujarat, which could promise a win-win situation for all concerned. The event in
Ahmedabad is being organized in collaboration with the Gujarat State Plastic Manufacturers’
Association (GSPMA).
Spread across 30,000 square meters of the most modern trade fair facility in the country, the India
Expo Centre & Mart, located along the Greater Noida Expressway, P4 Expo INDIA 2016 will feature
pavilions from Germany, Austria, China, Taiwan, Korea, Iran and Egypt, and many more nations and
manufacturers are booking in. Delhi NCR is already known as a preferred destination of leading
national and international exhibitors and high-end buyers.
Indian Oil Corporation is the Premium Partner and UFLEX is the Diamond Sponsor for the show.
Petrochemicals: Petrochemicals is one of the fastest growing industries in India with a petroleumrefining capacity of over 194 MTPA and gas cracker complexes with downstream facility producing
plastics and polymers. Indian chemical and petrochemical industry put together currently stands at
US$ 144 billion and is estimated to cross the US$ 200 billion by 2020.
Plastics: Plastics consumption is likely to reach 200,000 tons by 2020. The country is poised become
the 3rd largest consumer of polymers in the world, after US and China. The growth in Automotive,
Construction, Electronics, Healthcare, Housing & Construction, Textiles and FMCG is driving growth
in plastics, thanks to investment in new technologies. Plastics consumption in India is growing at
over 16 per cent a year currently, and India has more than 50,000 manufacturing units employing
more than 40 lakh people in the sector.
Packaging: Packaging in India is growing at an annual growth rate of 12 per cent and the country is
set to become the 4th largest global market by 2016. The Indian food processing market is one of
the largest in the world in terms of production, consumption and growth prospects. Demand for F&B
packaging stands at around US$ 13.2 billion and is expected grow at 10 per cent a year. Demand is
also growing in flexible, rigid and metallic food packaging that account for around 55 per cent of the
food packaging materials market as well as in printed cartons and rigid packaging. Government
initiatives on FDI in multi-brand retail are a further catalyst for growth, specifically for packaging
machinery and equipment businesses.
Printing: India is set to become the 5th largest market by 2018 with rising demands from other
countries. Great growth opportunities for print products are clustered around revenues from print
packaging and print publishing. The market size of the package-printing sector is expected to make
up 43 per cent of total print product sales in 2017. There are 60,000 to 75,000 printing units in India.
From the current turnover of US$ 11 billion, it is expected to clock US$ 20 billion by 2020.
The address of the Honorable Governor of Gujarat highlights the fact that petrochemical products
permeate the entire spectrum of daily use items and over almost every sphere of life. The plastic
industry too has been making significant contribution to the economic development in the country
through various sectors. The plastics and petrochemicals not only contribute significantly to the
national exchequer by way of taxes and duties, but petroleum products constitute almost 20 per
cent of India’s exports. However, it is pointed out that there is one sector which leaves much to be
desired i.e. plastic usage in agriculture. The penetration is a mere 2 per cent against the global
average of 8 per cent.
He concludes, P4 Expo India 2016 is being held at an important crucial time for our economy in
conformity with the MAKE IN INDIA – Program of our Honourable Prime Minister. I congratulate All
India Plastic Industries Association and M/s VERIFAIR for organizing this international Expo. With the
support of Gujarat State Plastic Manufacturers Association (GSPMA) and other important State
Associations and with a high level of international participation, I am sure, it will help the industry
here in India to grow, prosper and excel.
Download