Plastic Recycling In India

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Plastic Recycling In India Indian plastic industry is in the path of an impressive growth now. So what is the position of India in global plastic recycling market? When compared to the usage of steel and aluminum, the usage of plastics is more on volume basis. But India was the last in consumption of plastics among America, Europe and China. However this comparison was done by the year 2003. So what is the current position of India in global plastic market and what will be its future? Indian economy and plastic industry: In the year 2000, India was 10th in plastic consumption. But owing to the growth through 2000-2008, its expected India to be the 3rd largest consumer of plastics by 2010. Obviously by this great leap in this industry the total contribution of plastic industry to Indian economy will also jump to 44Bn USD by 2010. Employment in plastic recycling industry: In a report, it was stated like plastic recycling system can turn a menace into employment opportunity for millions. When compared to a plastic manufacturing firm, a plastic recycling firm can employ approx 7 times more people. As well as India is a concerned, Indians require more employment opportunities also. As the plastic recycling also contributes a good will to the environment, this industry definitely has a great future. Processing units in India: There are over 22,000 plastic processing units and over 150 plastic processing machinery manufactures in India. The machinery units supply over 2500 machineries per annum. There are some associations like All India Plastic Industries Association which was incorporated in 1982 to solve various issues in Import duty of polymers etc. And also the first international trade exhibition named PLASTEC-2008 is to be held at Chennai, the gateway of Tamilnadu to benefit plastic manufacturing industries in the south. Sources of plastic waste
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