PRESIDENTS DESK

 

From the President’s Desk

 

Dear Members,

A Virtual Meeting of Plastic Associations with Shri Piyush Goyal, Hon’ble Minister for Commerce and Industry was held on 25th February 2021. During the Meeting various issues impacting the Plastic Processing Industry were brought to his notice.
 

Shri Goyal in his concluding remarks stated as follows:-
 

  • If there is Price Cartelization of the Plastic Polymer Producers, a representation should be made to the Competition Commission of India.

     
  • If there is an exponential rise in the Prices of the Plastic Polymers, representation should be sent to the Ministry of Commerce & Industry as well as Finance Ministry. In such an eventually the Hon’ble Minister of Commerce & Industry will request the Ministry of Finance to consider reduction in the Customs Duty on Plastic Polymers.

     
  • In case of Anti-Dumping Duties the Hon’ble Minister would instruct Directorate General of Trade Remedies not to recommend very high Anti-Dumping Duties on the Import of Plastic Polymers.

     
  • If there is a concrete proposal pertaining to the boosting of exports of Plastic Products, he would look into it.
     

OPPI will send a detailed Presentation regarding Government Interventions required for Boosting Exports.
 

Department of Chemicals & Petrochemicals has conducted a National Level Coordination regarding Future Vision and Research in Chemicals and Petrochemicals Sector.
 

OPPI has nominated Mr. Hariharan. K, Vice President – C&I, Essel Propack Ltd. and Prof. Anup K Ghosh, Indian Institute Of Technology (IIT) Delhi on the National Level Coordination regarding Future Vision and Research in Chemicals and Petrochemicals Sector.
 

The COVID-19 vaccinations are in full swing. The Government has allowed 24/7 working for the vaccination centers. We hope that this will bring down the rising curb and ultimately end the Pandemic.
 

The Challenging Financial Year 2020-2021 is about to end. I wish that the Financial Year 2021-2022 brings good fortune to the Plastic Industry and also to the entire Indian Economy.

 

With Best Wishes,

 

Mahendra Sanghvi
President