The plastic industry has perceived a life-changing and transformational phase marked by phenomenal creativity and notable highlights. It plays a pivotal role in the GDP of the Indian economy, contributing significantly to employment opportunities, sustainability, and technological developments.
To showcase the innovations and highlights, PLEXCONCIL is organising a plastic exhibition in Mumbai; PLEXCONNECT 2024 is a great platform for plastic manufacturers, policymakers, researchers, and buyers to come together and discuss the industry’s emerging trends.
1. Innovations in Plastic Substitutes
There have been several innovations in plastic substitutes. Advancements like ultra-violet biodegradable plastics symbolise an environment-friendly transitional approach.
2. Global Environmental Initiatives
Multiple world organisations have launched a combined initiative to reduce plastic’s impact on environmental degradation. For instance, there is a noticeable global shift towards stricter plastic waste management.
3. Focus on Sustainable Practices
There has been a regulatory push for following eco-friendly practices and reducing the effect of plastics on the environment.
4. Following the Circular Economy Model
The circular economy model focuses on decreasing, reusing, and plastic recycling to decrease waste and make the most of the resources. Implementing efficient recycling techniques is one of the key aspects of a sustainable future.
PLEXCONCIL: Promoting Growth of the Plastic Industry
Sponsored by the Indian Government, PLEXCONCIL intends to promote the growth of the plastic industry in India. It focuses on doing so by facilitating the export of plastics, hosting exhibitions, offering market intelligence, and advertising changes in the policy.