Under the background of accelerating development of global and regional trade liberalization, the process of trade liberalization in India has been further accelerated, which has promoted the expansion of import and export trade scale and the growth of export trade, labor productivity and final income of industrial sectors, especially manufacturing industry. After the 2008 financial crisis, India’s plastic mold industry has been impacted to a certain extent, especially in the important consumer areas such as automobile mold industry. However, with the improvement of the economic situation, the plastic mold industry will grow strongly, and the optimism of the industry is also rising.
According to the international mould and metal plastic industry suppliers association. Under the background of accelerating development of global and regional trade liberalization, the process of trade liberalization in India has been further accelerated, which has promoted the expansion of import and export trade scale and the growth of export trade, labor productivity and final income of industrial sectors, especially manufacturing industry. One of the important growth industries is the packaging industry, especially the packaging of food and consumer goods with short shelf life.
The picture above shows: fluorescent whitening agent imported from Germany (special for PP woven bag)
India’s packaging industry is still in the early stage of development and has great potential. Moreover, many consumer goods made in India are still sold in very simple packaging. It is worth noting that most polymers in India are processed by extrusion process. The booming automotive industry in India will drive the growth of plastic consumption. According to the prediction of Frost & Sullivan, a market research institution, the growth of India’s bus industry has directly promoted the consumption growth of polypropylene (PP) blends.
The picture above shows a small car in India
With the deepening of economic globalization in India, India is eager to develop its export market as well as its domestic market. According to the calculation of the Indian government, more than 100 plastic processing plants and “plastic parks” will be built here in the next few years. Thanks to the strong growth of the plastics industry, India’s machines and molds have a competitive advantage because they are cheap, although many critics say these products are not as advanced as their counterparts in western countries. However, Luo Baihui believes that this is a good time for India to promote its products in the international market, especially in Africa, Latin America and the Middle East. On the other hand, the increase of polymer consumption in India will also be accompanied by the growth of demand for applicable machinery and raw materials, semi-finished products and finished products. Only from 2009 to 2011, about 30000 sets of new plastic processing equipment will be needed, with an estimated investment of US $9.5 billion.
The picture above shows Mr. Chen of RQT chemistry taking a group photo with German experts
Foreign suppliers of various plastics machinery are also benefiting from the strong growth of the plastics industry in India. Paul Joseph Goebbels, President of the India Germany chamber of Commerce in Mumbai and an expert on fluorescent brightener applications, said India was a “very promising” market for foreign machinery suppliers. The plastic market in India is growing. The demand of other industries related to plastic applications, such as automobile, aviation, telecommunications, will also grow, and the demand for plastic molds and mechanical equipment will be greater.
The picture above shows Paul Joseph Goebbels, President of German Chamber of Commerce and application expert of fluorescent whitening agent, discussing the application principle with you
With more and more strict export standards and the pursuit of high-quality products, many manufacturers try their best to make the products to the extreme, and add some additives to the product operation process, which can make customers recognize and establish long-term cooperation. Paul Joseph Goebbels, President of German Chamber of Commerce and application expert of fluorescent whitening agent, thinks: in the process of adding plastics, we must add accurately, not only a few additives, but also additives that are useful for products. Only by adding effectively, can we effectively make plastic products more durable protection and longer service life!