The 4day South and Central India’s biggest and India’s 3rd largest Plastics Expo, HIPLEX 2023 kicked off
Under TS iPass, Telangana Govt cleared the proposal of 24000 companies in the past eight and half years: Mr E. Venkat Narsimha Reddy, IAS – VC & MD, TSIIC, Govt of Telangana
The plastic Industry urges Govt to reduce GST on Plastics used in Food Industry as well as the plastic waste management industry
Hyderabad, August 04, 2023: HIPLEX, international Plastic Expo 2023, South and Central India’s biggest Expo is being under in the city at Hitex for four days from 4th to 7th August 2023. This exhibition comes after 8 years in a new avatar as HIPLEX in the place of the previous version IPLEX.
It was formally inaugurated by Mr E. Venkat Narsimha Reddy, IAS – VC & MD, TSIIC, Govt of Telangana along with other dignitaries.
The Chief Guest Mr E. Venkat Narsimha Reddy, said TS iPass is an act is a landmark decision of the Government of Telangana. It provides speedy processing for the issue of various licenses required for setting up industries. Under it we have approved 24000 industry proposals in the past eight and half years. The first plastic park is sold out. If you want the second one, TSIIC is ready to provide the land. Please come with your proposal. TAPMC can develop all issues related to allotment etc so as to enable them to accommodate MSMEs.
Mr D Chandra Sekhar, Additional Development Commissioner said Hyderabad is a hub for the plastic industry. He said the MSE Ministry extended funding support to 60 MSMEs to participate in the expo.
Mr Prabh Das, MD & CEO, HMEL said plastics are not a problem, but their disposal is a problem and we must collectively do something to address this menace. The only way out is to recycle, and reuse.
Mr H.K. Srivastava, Executive Director (Marketing-Petrochemicals) GAIL said TAAPMA is the flag bearer of the Plastic industry in South India. Today, India is the 3rd largest consumer of Plastics after the USA and China and is continuously growing at a CAGR of 6 to 7%. Currently, India’s Polyolefin demand (PE/PP) is around 13 million MT and Southern India contributes nearly 1/5 (20%) of this demand. As far as GAIl is concerned Southern region contributes 18% to our total sales, he said.
Even though the population overgrows China, our per capita consumption of plastic is far lower than the Chinese. At 11 Kg we are way behind China’s per capita consumption of 46/Kg and the USA 170/ Kg and the world Average of 28 Kg/Person, said Mr Anil Reddy Vennam, National President, Indian Plastics Institute. He on behalf of AIPMA and TAAPMS urged the government to lower GST, 18% imposed on plastics. The GST Council should at least consider reducing GST imposed on plastics used in the food packaging industry as well as Plastic Waste Management Industry. This will support the plastic industry’s growth which is struck at 8% annual growth.
He further added, Today we are at a consumption level of 18 million tons from 9 million Tons about a decade ago.
The plastic industry alone cannot be blamed for the environmental crisis. We need effective waste management. Just 30% out of 3.5 million Tons of Plastic Generation in India is recycled. And incidentally, we are the 2nd largest country in the world after the USA.
TAAPMA Chairman Vimalesh Guptha said, Post Covid is an era of tough times when everyone noted that the plastic trade and industry have shown remarkable resilience and showed the world that Industry is here to stay. The strength of the Indian Plastic Industry was recognised as we strive with pride for an Atmanirbhar Bharat. I’m proud to declare that HIPLEX23 will be the largest Plastic Exposition in South India and 3rd largest in India
Spread over 20,000 sq. meters, 400 exhibitors worldwide are showcasing their products. Specialty Chemicals and Master Batches. These exhibitors comprised Process Machinery, Printing & Packaging, Raw Materials, Moulds & Die, Post Processing Equipment, Quality Testing Equipment, Finished Products and R&D.
The show is supported by the Telangana government. CIPET, Central Institute of Petrochemicals Engineering & Technology (CIPET), a Government of India establishment; All India Plastic Manufacturers Association (AIPMA); Organisation of Plastics Processors of India (OPP) that works for the healthy growth of the plastics processing Industry in India; Material Recycling Association of India, an apex organisation representing rapidly growing recycling industry.
The other supporting bodies include the Plastindia Foundation, the apex body of the major associations, organisations and institutions connected with plastics, with common objectives to promote the development of the plastics industry; Indian Plastics Institution, a strong Professional Body of Industrialists, Plastic Technologists, Academicians, Economists and Students; Indian Plastics Federation, the torch-bearer of plastics industry and trade and Plastic Manufacturers Associations of Tamil Nadu, Gujarat.
Some of the exhibitors include Shubham Extrusion; Blend Colours, Vinayak Polymers, Shyam Arihant, Uflex, Ari Shyam Additives, Sudhakar Pipes and Fittings, The Shakti Plastic Industries, Blacksmith, Boorugu & Co., ColorPlas, Kalpvrux, Vanguard Chillers and others. The four-day show is being rganized by Telangana And Andhra Plastics Manufacturers Association (TAPMA) is expected to the general business of INR 500 crore.
Mr. D Chandra Sekhar, Addl. Development Commissioner, MSME Development and Facilitation Office, (MSME-DFO) Govt. of India, Ministry of MSME; Mr Prabh Das, MD & CEO, HMEL; Mr H.K. Srivastava, Executive Director (Marketing-Petrochemicals). GAIL; Mr Anil Reddy Vennam, National President, Indian Plastics Institute, Vice President-South, AIPMA (All India Plastics Manufacturers Association); Mr Meela Jayadev, President, FTCCI graced as guests of honour.
