Shri Piyush Goyal, Commerce & Industry Minister with Shri Arvind Goenka, Chairman, PLEXCONCIL while inaugurating PlEXCONCIL's Export Excellence Awards event in Mumbai today
Apr 16, 2022 03:00 pm
PLEXCONCIL, India's apex trade body of plastics industry, held its Export Excellence Awards today in the gracious presence of Sri Piyush Goyal, Minister for Commerce and Industry Consumer Affair, after a gap of two years due to the pandemic situation. Along with Mr Goyal the commissioner of Income Tax Alok Singh was present too.
This award ceremony was held to felicitate the contribution by the Plastic Exporters from 2017 to 2021
PLEXCONCIL organises this award ceremony once in every two years to encourage Plastic Exporters for their contribution and efforts towards export trade.These awards were last held before two years, for the contribution by the Plastic Exporters from 2015 to 2017.
PLEXCONCIL has been holding this event since 1955 and this awards is of highest importance for the Plastic Industry.
Today 96 Award Winners were recognised for their export performance for the years 2017-18, 2018-19 and 2020-21
For the First PLEXCONCIL. introduced a new category, ‘Life Time Achievement Award’ to honour the distinguished achievements and contribution of Industry veteran. The same was awarded to Vamanrai V Parekh, Chairman of Nilkamal Ltd
India’s plastic exports have grown from USD 16.5 million in 1955-56 to over USD 13 Billion in 2021-22, exceeding targets despite the global uncertainties caused by the pandemic. The industry further has a set target to USD 25 Billion by 2025 which is well on track based on current export performance.
Today, India is a major exporter of plastic sheets and films, woven sacks incl. FIBC, optical items of plastic, leather cloth, medical disposables of plastic, decorative laminates, houseware items of plastic, plastic pipes and fittings, writing Instruments, and ropes & twines. India is a major exporter of plastics products to over 200 countries across the globe. In 2020-21, the major export destinations were the United States, China, United Arab Emirates, United Kingdom, Germany, Nepal, Italy, Bangladesh, Turkey, and Nigeria.
As the apex body that represents that plastics export industry, Plexconcil has over decades made great progress in highlighting the industry as a global hub for plastics products. While India continues to be one of the larger exporters of plastics raw materials and have earned significant recognition in numerous other categories, goals have been set out to achieve a similar position in value added products.
The proposed International Trade Fair, PLEXCONNECT 2023 aims to provide the ideal and dedicated platform to plastics exporters with focus on highlighting our capacities & capabilities to an international audience.PLEXCONNECT also aims to help our vast MSME players engage with global buyers at an international standard trade fair.
“Global disruptions in supply chains over the past two years have shifted the spotlight on India, opening up an ocean of new opportunities for our industry. To support this, and in line with the Hon'ble PM's vision to grow Indias exports, the GOl is in the process of signing several FTA's (Free Trade Agreements) with numerous countries that are also key export destinations for plastics. The India UAE CEPA was signed after numerous interactions with the industries at record pace of 88 days only. The India - Australia ECTA has been announced and several more FIA's are being negotiated, including Canada, Israel, UK, etc. Our country's achieving a historic USD 400 Billion in exports is a testimony to a visionary leadership, the bold and dynamic Policies and progressive measures undertaken by the Govt. We thank the GOI for their generous support and encouragement to our industries through the years”, mentioned Mr. Arvind Goenka, the chairman of PLEXCONCIL.
Details about the entire award recipients are available on the official website of PLEXCONNECT. https://plexconcil.org/awards