event preview | PlastIndia 2015 India’s car
makers, such as Tata, are
becoming more sophisticated in their use of plastics
westernise the packaging industry. At present only 5% of food is packaged in India and only 10% of retail is organised. Since 2012, India has allowed foreign retailers to take a 51% stake in multi-brand retailers, provided that investments are larger than US$100 million and retailers source 30% of produce from local small enterprises. The Indian automotive industry is already attracting
investments from foreign producers that have located production plants in the country to benefi t from low labour costs and a closer proximity to emerging Asian markets. Foreign producers include Ford and Hyundai whilst domestic manufacturers are Mahindra and Tata Group.
Indian polymer production is particularly concen-
trated with nearly 50% of commodity resin accounted for by one producer, Reliance Industries. It has been the largest player for more than a decade after it purchased the Indian government run IPCL. In contrast to resin supply, the polymer processing
industry is far more fragmented with 75% of India’s processors classifi ed as small-scale operations and commanding just 30% of polymer consumption. These processors are typically very small family-run companies with limited technical capability and fi nancial resources. Indian polymer demand will grow ahead of GDP rates
as plastics continue to penetrate applications in packaging, pipe, automotive and electronic applications, driven by a mix of government spending on infrastruc- ture projects, private investment and rising consumer demand.
Machinery market This growing market will create potential opportunities for machinery makers around the world in the medium- to long-term. However, recent fi gures from the German machinery association, the VDMA, show that demand is volatile, varying widely from year to year.
World exports of plastics and rubber machines to India
2013 - total value €483.4 million
Others 31.1%
It estimates that world exports of plastics and rubber machinery to India were worth €483.4 million in 2013. This represents a 25.1% fall compared to the 2012 total of €645.1 million. Looking at the 2013 total in more detail, China was
the largest supplier of plastics and rubber machinery to India with sales of €124.9 million. It was followed by Germany with €87.1 million, Japan with €49.9 million, Taiwan with €44.3 million, Italy with €27.0 million, the USA with €26.5 million and Korea with €26.1 million. Germany’s exports of plastics and rubber machinery
grew rapidly from €101.2 million in 2008 to reach a peak of €175.1 million in 2011, before plunging 32.8% in 2012 and a further 25.9% in 2013. The decline continued last year with sales during the period January to October 2014 amounting to €56.2 million, a decrease of 15.3% compared to the same period in 2013. The German pavilion at PlastIndia 2015 will feature 75 exhibitors occupying 1,659 m2
of stand space.
China 25.8%
Italy 5.6%
Source: VDMA/National Statistical Offi ces/ export fi gures of 52 reporting countries
74
Taiwan 9.2%
Japan 10.3%
Germany 18%
Exhibition details PlastIndia 2015 runs from 5-10 February in Gandhina- gar, Gujarat, India. The opening hours are 10:00AM to 6:00PM, apart from on the fi nal day when the show will close at 5:00PM. The event will include a range of special features, including an Innovation Pavilion and Plastwin sessions to promote R&D collaborations. There will also be special events alongside the exhibi- tion, including the Plasticon conference and awards ceremony. The exhibition’s website has more informa- tion on visiting the event, including exhibitor lists and registration details.
www.plastindia.org
More market information The Indian Subcontinent Plastics Industry Report is now available in book and PDF formats from AMI Publishing. Full details can be found at:
http://bit.ly/IndiaAMI
COMPOUNDING WORLD | January 2015
www.compoundingworld.com
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