New plastic park for newest state of South India

India’s new government under Narendra Modi is already making strides for the plastics sector. The Union Minister for Chemicals and Fertilisers Ananth Kumar recently said the government will be a co-partner with the Telangana state government to develop a Plastic Park. Stating that the government had earlier decided to develop such parks in four states, the Minister said the Planning Commission would be requested to look into the need for another park in Telangana.

Telangana only recently became the 29th state of India, consisting of the ten north-western districts of Andhra Pradesh with Hyderabad as its capital. There are more than 7,000 plastic industries with an annual turnover of over Rs2,500 crore in Hyderabad, the Minister said during an address at the IPLEx 2014 show organised by southern state’s Plastic Manufacturers Association recently.

He said with the cooperation of the state government the centre will invest in the infrastructure required. He also pointed out the great potential growth for the plastics industry in the country from the present capacity of 11 million tonnes to 20 million tonnes by 2020.

Meanwhile, Kumar also urged the industry to recycle plastic waste. The new government is also planning to set up a national campaign as part of Prime Minister Narendra Modi's Vision of 'Clean India Campaign' by setting up water to compost units in more than 500 cities all over the country.

(PRA)

Home | Terms & Conditions | Privacy Policy | Contact | Webmail | Site Map

Copyright (c) 2014 www.plasticsandrubberasia.com. All rights reserved.