President Message



 

 Dear Friends & Colleagues,

After almost 100 days it seems that the slowdown forced due to demonitization in our economy has started to wear off. Of late the buyers are back in the market owing to factors such as return of liquidity, increasing prices of polymers due to feedstock prices riding high on the high crude prices and also, because of fianancial year end target pressures. So, a very happy holi indeed to all my friends.

 

By the time this goes to press, we have seen the results of the elections in 5 state assemblies including that in all important state of UP where BJP has got a resounding victory. Hopefully this will lend a new vigour to our central government  encouraging faster reforms and higher public spending leading to good times for industries like ours.

 

During recently concluded Plastivision exhibition in Mumbai, which was attended by a number of our members it was seen that the focus of the industry is on new products especially WPC (wood plastic composites) and smart polymers. While The WPCs market  is expected to grow rapidly owing to the increasing production of composites and the rise in demand from various countries including India, Smart polymers  are high performance polymers that change their properties according to  even a slight change in the environment that they are acting in.Interest in smart polymers is steadily gaining momentum, especially in the fields of controlled and self regulated drug delivery.

I take this opportunity to inform you that we have more or less narrowed down on a  proposed Poly Park of 100 acres opposite Azad Hind Dhaba on NH-6 at Uluberia, for which  a detailed e-mail has already been sent to all members.

 

Also, we have by now had a number of seminars and interactions on subjects as varied as GST to Udyog Aadhaar number with the help of various departments of the government. I hope that the members are taking full benefit of these.

 

After the resounding success of last Chai pe Charcha, I plan to initiate more such interactions in the coming months. I would request members to please come forward and join hands with us to improve our association for everybody’s benefit.

 

With best wishes for a colourful ‘HOLI”.

 

Kamal Kishore Agarwala

President.