Dear Members & Industry colleagues,
Greetings from Gujarat State Plastics Manufacturers’ Association (GSPMA).
It’s a matter of great pleasure & privilege for me to be elected (uncontested) as the President of GSPMA, which has a glorious history of more than four decades. As you all aware, GSPMA is one of the leading associations in the country, representing & working for the cause of Plastic Industry. Also one of the founder members of PLASTINDIA FOUNDATION, an apex body of leading associations/institutions connected with Plastic Industry for the common objective of growth & development of Plastic Industry.
World Plastics Consumption has reached 300 MMT. India hasattained a modest figure of about 15 MMT in 2016–17 correspondingto about 14 KG per capita consumption compared to about 35 kg worldaverage per capita consumption today. Consumption of plastics has increasedmanifolds over the past about 60 years due to all round superiorproperties of plastics over the alternate materials. Availability of plasticsat a cheaper cost in most of the application sectors is considered an added benefit to the consumers. Polymer manufacturers as well as thedownstream processing machinery manufacturers are continuouslydeveloping new technologies for offering the better-quality products atlower cost. Taking advantage of thefact that plastics are 100% recyclable / recoverable, more emphasis isbeing given to recycling / recovering of the plastics waste. Indian plasticsindustry has been using recycled plastics in a large way for various nonfoodcontact applications since the mid-sixties. This has resulted inachieving a figure of about 5.5 MMT of recycled / recovered plasticswaste for useful applications while its virgin plastics consumption wasabout 15 MMT.It is estimated that in 2020, Indian consumption of virgin plastics would reach a figure of about 20.0 MMT while recycled / recovered plasticswould be about 7.0 MMT.
We,at GSPMA over and above carrying regular activities, conducting various programmes, conferences, workshops for the promotion of Plastic Industry in the country. The biggest challenge before Industry is misconception prevailing in the society about its uses. It is the need of the hour to do something concrete to remove this concept and make aware all concerned. So our priority amongst others would be on image building of Plastic Industry in the present context, besides creating skilled manpower for industry, taxation advocacy, etc. GSPMA is also in its way forward for establishing its dream project of Polymers Excellence Centre in Gujarat for the benefit of plastic community.
GST - India’s biggest tax reforms ever since independence – is now a reality. Dubbed as “Good & Simple Tax” by our Hon’ble Prime Minister, this “One Tax, One Nation, One Market” regime, despite some transitional hiccups, has been off to a satisfactory start in the three months since its launch from July’17The teething problems, particularly technical issues with regard to tax payment and return filing are being resolved by the GST Network in the wake of government closely monitoring the situation and providing clarifications and disseminating information at a faster pace. GST council recently declared relief in some of the products.
The Central & State Governments are proactive & with the help of the concerned authorities, we will achieve targeted goals. Team work leads to much better success.
Let us joins hands together for progress and be committed to convert challenges into opportunities.
I wish you all the best for Happy & Prosperous New Year.