Dear Sir/Madame, 

Plastics Export Promotion Council (PLEXCONCIL) is organizing a Reverse Buyer Seller Meet (RBSM) during PLASTINDIA 2023 exhibition scheduled to be held in Pragati Maidan, New Delhi, India from 1-5 February 2023. This RBSM is being organized with support from the Department of Commerce, Government of India under Market Access Initiative (MAI) Scheme.

Objective of the RBSM:  The basic objective for organizing the RBSM during PlastIndia show is to invite potential overseas buyers of plastic products/machinery & mold to India. This event will facilitate the International buyers to meet the Indian Manufacturers/Exporters for sourcing products from India and also to establish marketing tie-ups and explore business collaborations. The PlastIndia trade fair will portray & showcase ‘Atmanirbhar Bharat’- Vision of new India as envisioned by India’s Hon’ble Prime Minister. The plastics industry in India has developed and diversified significantly since its inception & now it has become one of the leading sectors and significant contributor to the Indian economy. In the FY 2021-22, India’s export of plastic goods stood at USD 13.35 billion.

Why to participate in RBSM during PLASTINDIA Exhibition, New Delhi, India?

ü  Most of the International companies are following China Plus One business strategy to avoid investing only in China and diversifying business into other countries. Hence, India is the best option for all the companies for sourcing products and services.

ü  The plastics industry in India has developed and diversified significantly since its inception in 1957.

ü  The industry manufactures and exports a variety of plastics products ranging from plastics raw materials to semi-finished and finished items.

ü  Indian manufacturers are quality conscious and make products of international standards.

ü  India has over 50,000 plastics processors, mainly consisting of MSMEs, having 153,500 plastics processing machines.

ü  Accelerated globalization, significant investments, rapid change in technology, growing consumerism, rising incomes and growth in retail, automotive, healthcare and agriculture have brought about new changes and abundant opportunities for the Indian plastics industry to grow locally and globally.

ü  India has world class technical training institutes like CIPET (Central Institute of Plastics Engineering & Technology) and IIP (Indian Institute of Packaging) that impart the skill sets required for increasing efficiency and productivity.

ü  Indian plastics industry employs 5 million people across the value chain.

Details of the PLASTINDIA show available at https://www.plastindia.org/