Presidents Desk

From the Presidents Desk

Vol No. 14, Issue No. 01, July 2025

Dear Members,

Greetings from Organization of Plastics Processors of India!

Since I took over as the OPPI President, I have been exhorting all OPPI members to concentrate and push the exports of their products all overthe Globe.

The Electronic and Print Media have been flashing the news- ‘India and UK starts a new chapter with FTA. India and the UK signed a Comprehensive Economic and Trade Agreement (CETA) with the aim of doubling imports and exports to more than $100 billion by 2030 from $56 billion now, marking the first of several key accords the government expects to reach amid global upheaval sparked by US President Donald Trump’s tariffs. Next up is likely a bilateral trade agreement with the US; both sides are said to be close to a pact. The accord will require the British parliament’s approval before it can take effect, a process that may take about a year.

India’s gains from the India-UK FTA are as given below:-

  • Nil duty on 99% of Indian goods; single window clearance.
  • Medical devices and toys to go duty free.
  • FTA can boost investments into India by MNCs pursuing away from China, apart from encouraging domestic firms to add capacity.

The Export Promotion Mission, announced in the Union Budget 2025-26, is driven jointly by the Ministries of Commerce and Industry, Ministry of Micro, Small and Medium Enterprises, and Ministry of Finance to enhance export competitiveness by facilitating improved access to export credit, enabling cross-border factoring, and assisting MSMEs in addressing non-tariff barriers in global markets. Department of Commerce is the lead department for the Mission.

As informed to you earlier ‘Conferences on Boost India’s Export of Plastic finished goods by 4X in 3 Years’ was held on 17th July 2025 in New Delhi. Many professionals in export and Joint Secretary (Petrochemicals) attended the conference. The next conference is scheduled on 22nd August 2023 in Ahmedabad. The conference in Mumbai will be held on 24th Sept 2025. OPPI members should seize these opportunities.

With Best Wishes,
Pradeep Rathod
President,
OPPI