The potential Indian market has motivated Indian entrepreneurs to acquire technical expertise, achieve high quality standards and build capacities in various facets of the booming plastic industry. Phenomenal developments in the plastic machinery sector coupled with matching developments in the petrochemical sector, both of which support the plastic processing sector, have facilitated the plastic processors to build capacities to service both the domestic market and the markets in the overseas. The plastic processing sector comprises of over 30,000 units involved in producing a variety of items through injection moulding, blow moulding, extrusion and calendaring. The capacities built in most segments of this industry coupled with inherent capabilities has made us capable of servicing the overseas markets. The economic reforms launched in India since 1991, have added further fillip to the Indian plastic industry. Joint ventures, foreign investments, easier access to technology from developed countries etc. have opened up new vistas to further facilitate the growth of this industry.
This industry is expected to grow between 8 to 12 % till 2020 in India . Recent trend of replacing metallic part with engineering plastics, increase in various types of electronic gadgets & packaging concepts has fueled the consumption of plastic as a raw material. To match this developments for industries in compounding & master batches , we offer following solutions.