From the Presidents Desk
Vol No. 13, Issue No. 10, April 2025
Dear Members,
Greetings from Organization of Plastics Processors of India!
The Financial Year 2025 – 2026 dawned with precautions on various fronts – Reciprocal Tariff Policy of President Trump, Russia – Ukraine hostilities, Tariff Wars between the US and China and various other issues.
In March 2025 issue of Plastiscope I had assured all members that OPPI has been working very closely with the Department of Chemicals and Petrochemicals on this subject to ensure that there is no unreasonable customs duty on plastic products exported from India to USA. We have also represented on the Non – Tariff Barriers faced by Indian Plastic Processors while exporting to USA.
US Vice President JD Vance had personal meeting with the Indian Prime Minister on 21st April 2025. Prime Minister Narendra Modi and US Vice President JD Vance welcomed the significant progress made in negotiations over a Bilateral Trade Agreement (BTA).
In a big signal amid fears of the impact of Donald Trump’s reciprocal tariffs, US Vice-President JD Vance has said his country and India have finalised terms for a trade deal. Speaking at an event in Jaipur on 22nd April 2025, a day after his meeting with PM Narendra Modi, “Mr. Vance said, “Our administration seeks trade partners on the basis of fairness and of shared national interests:’
Indian and US officials will hold three – day talks from April 23 in Washington DC on the Terms of Reference (ToRs) covering about 19 chapters, such as tariffs, non – tariffs barriers and customs facilitation.
On 7th April 2025 there was a meeting between OPPI members and Office Bearers of Plastindia International University. A report and photographs of this meeting appear in this issue of Plastiscope.
On 11th April 2025 delegation of OPPI members visited CIPET and Shibaura Machines India Pvt. Ltd. in Chennai.The details of this visit are also published in this issue.
A Study Mission to the Mahindra Automotive Plant at Chakan is scheduled on 9th May 2025.This Plant is a fine example for the use of latest cutting-edge technology. The members should not miss this opportunity to see the assembly lines designed with No Fault Forward approach which ensures robust build in quality of the product.
With Best Wishes,
Pradeep Rathod
President, OPPI