Chennai: Acknowledging the robust growth of plastics sector in the eastern region in the country, Indian Plastics Federation (IPF) is set to organise the triennial exhibition ‘Indplas’ in Kolkata from 30 November to 3 December.
Indplas’18 has attracted global majors to participate in the Business to Business (B2B) exhibition on plastics, broadening the reach and scope of the sector, a release said. The expo is set to take place at ECO Park Exhibition ground, Rajarhat, Kolkata.
Chairman, IndPlas 2018, Ashok Jajodia, said, “The number of exhibitors in Indplas’18 has increased to 425 plus, an all time high for the Indplas exhibitions. The response from industry has been overwhelming both from India as well as foreign countries. Machinery, ancillaries, raw material, additives, master batches, finished product, service providers and others are participating in Indplas’18.”
The exhibition is expecting a footfall of more than 70,000 people from all over India and abroad.
President, Indian Plastics Federation, Alok Tibrewala, said the plastic industry is the most vibrant industry and the biggest employment generator in the MSME sector in Eastern India.
“For the past few years it has been adding an investment of approximately Rs 500 crore year-on-year (y-o-y) which is expected to further grow by another 25 per cent y-o-y for the next five years,” he said.
The total plastic consumption in India is around 15 million tonnes and is expected to go up to 25 million tonnes in the next seven years.