Present government is focusing on promoting innovation, research & development (R&D) and this has led to over 100 unicorn startups flourishing in the country, a favorable ecosystem for new businesses and a rising economy says Union Minister of Chemicals & Fertilizers, Dr Mansukh Mandaviya at CEO Conclave Session at PLASTINDIA 2023.
"India not only provides robust technical expertise and a big market but the values it holds while doing commerce. We differentiate well between commerce and service towards nation and we thus, prioritize benefit for all rather than few. This also allows us to harmonize welfare of our citizens along with development of industries too. This conclave is one such step where I encourage all the stakeholders to understand India’s ethos and invest in our growth story," said Dr. Mansukh Mandaviya.
“India provides a big market as the consumption power is increasing along with a rising middle class,” commented Dr. Mandaiya.
Reiterating the vibrant support by the government, Dr. Mandaviya stated that “The present government has a strong decisive approach and a long-term vision under the leadership of our Prime Minister. This long-term vision of the government has facilitated policy flexibility and creation of roadmaps in each sector as India enters the Amrit Kaal. Similarly, the plastic industry’s roadmap has also been created after wide and crucial consultations with local and international stakeholders and will help in long term policy support, investment as well as export promotion.”
“The recent comprehensive budget catering to all sections of society is a result of such crucial consultations and government being perceptive to its people,” said Dr. Mandaviya.
Dr. Mandaviya finally encouraged the investors to invest in India and assured that strong support will be provided by the government so that the growth story of India continues.
Arun Baroka, Secretary, Ministry of Chemicals & Fertilizers; Jigish Doshi, President, PLASTINDIA; Ajay Shah, Chairman, NEC and senior dignitaries from major Industry groups like: Supreme Industries, Kabra Extrusion Technique, Bruckner Group, Lohia Group, Reifenhauser GmbH & Co. KG Maschinenfabrik, Windmoller & Holscher, Jindal Polyfilms, Fanuc India, Borouge, Jain Irrigations, Henkel, Reliance group, Haldirams, Creative Plastics, Speciality Films, and Alliance to End Plastic Waste, participated in the event.
The conference saw the presence of over 90+ CEOs of the plastic industry from both India and abroad. Exhibitors from more than 45 countries of the world as well as more than 2,00,000 business visitors across the world are expected to visit.