Hyderabad :  The Four Day Fair, the South India’s biggest Exposition on Plastics Concluded here in city on Monday evening.  It has registered a record business worth US $ 150 Million informed, Mr. V. Anil Reddy, Convenior.  We only anticipated 100 Million US Dollars, but, it has surpassed our expectations.

We know for sure who much business it has registered, because a total machinery which as on display was worth 150 US Dollars and all the machinery was sold by the first day evening much before the Union Minister Anant Kumar formally inaugurated the exhibition, informed Mr. Anil.

Also the footfall has been very good, which stood on last count at 25000. The 250 exhibitors, who showcased various products and services were happy the way the fare registered a quality foot fall and serious business visitors.

Also IPLEX saw many International Exhibitors like Shubham Extrusion, Borouge India Ltd, Jonwai Machinvery Works Co. Ltd, Kabra Extrusion Technik Ltdm Prasad Group of Companies, Rajoo Engineers Ltd, Reifenhauser (India) Marketing Ltd, Simcheng Plastics Machinery Co, Sos-Esm Greoup(Sarada Machinery Company) participating and exhibiting their machinery for the first time in a regional conference and they are all happy about the turnout. All most all of them have sold all their machinery, Anil Reddy informed.
Also many visitors who blocked some machinery are waiting for the statement government to announce industrial policy and incentives. Based on which they firm up final orders. Some of the companies who booked firm orders are staying back for another two days beyond the exposition dates to complete the discussions with the prospective customers.

The Machines that were sold fully include 5 Layer Machine, 3 Layer Machine, Injuction Moulding Machines and others.  These are used in flexible packaging.

On the second day of the Expo, an entrepreneur went and placed an order with Rajoo Engineers, based on what he learnt from a Seminar “India’s Industrial Growth Scope for Plastics Industries” informed Anil Reddy.

Another achievement of the IPLEX 14 was it tried its best to dispel a myth that plastics are not recyclable. On the contrary, Indian Centre for Plastics in the Environment(ICPE) is a non-profit, independent body. Communicated so firmly that the“Plastics are 100% Recyclable”.  Plastic Contributes 6% of our municipal solid waste and 94% of Municipal waste is made up of other materials. 7 lakh trees can be saved annually by using plastic for packaging and transporting apples alone. Similarly, Plastic Furniture has helped save 1,40,000 cubic meters of wood.  The Average consumption of Plastic in India is 7kg as against the world average 29kgs.

This body is set up on the recommendation of a Task Force constituted by the Ministry of Environment and Forest(MoEF).  It is a nodal agency to handle all issues related to Plastics and the Environment in the country.

The next year editions on rotation basis will be held in September 2015 in Bangalore.