Arvind Goenka becomes new Chairman of The Plastics Export Promotion Council

The Plastics Export Promotion Council of India (PLEXCONCIL), the apex trade body for plastics exports sponsored by the Union Ministry of Commerce & Industry, Government of India, announced the appointment of Arvind Goenka (M/s. RMG Polyvinyl India Ltd.) as Chairman and Hemant Minocha (M/s. Rajiv Plastics Pvt Ltd.) as Vice Chairman amongst other office bearers of its newly constituted Committee of Administration (COA) after its recently held AGM.

The Regional Chairmen are as follows:  Regional Chairman WEST – Saurabh Kalani (M/s. Flexituff Ventures International Ltd.; Regional Chairman EAST – Prasan Lohia (M/s. Merino Industries Ltd.); Regional Chairman SOUTH – Y.V. Raman (M/s POCL Enterprises Ltd.); and Regional Chairman NORTH – Vikram Bhadauria (M/s. Alok Maslebatches Pvt Ltd.). The Panel Chairmen are:  Jagdish Gupta (M/s. Stylam Industries Ltd.) – Panel Chairman Floor Coverings, Leather Cloth & Laminates; Pradip Thakkar (M/s. Mechemco Industries) – Panel Chairman FRP Products; Dhruv Sayani (M/s. Crystal Plastics & Metallizing Pvt Ltd.) – Panel Chairman Consumer & Houseware; Benjamin Cherian (M/s. Raj Hair International P.Ltd.) – Panel Chairman Human Hair & Related Products; Vimalchand Rathod (M/s. Flair Pen and Plastic Industries Pvt Ltd.) – Panel Chairman Writing Instruments; Rajiv Chitalia (M/s. Electrofocus Electricals Pvt Ltd.) – Panel Chairman Miscellaneous Products; P. Mohan (M/s. Sakkthi Polymers) – Panel Chairman Pipes & Fittings; and Dr. S.S. Rajpathak (M/s. Garware Technical Fibres Ltd.) – Panel Chairman Cordage & Fishnets.

Speaking on his appointment, Arvind Goenka, Chairman, PLEXCONCIL, said, “Plastics are perhaps one of the most versatile products and are being increasingly used in a wide range of applications. We request Government to frame an attractive PLI scheme for boosting polymer production and becoming AtmaNirbhar. A PLI scheme is very important to enable manufacturers invest in plant & machinery and increase their capacity. Backed by strong government support-planned investment of over USD 50 million, as many as 10 plastic parks with state-of-the-art infrastructure are being set up to boost domestic production, employment and achieve environmentally sustainable growth.” 

He added, “I have made it my mission to focus on the Council’s primary objective of expanding our membership multi-fold in a 50,000 strong processing industry if we are to achieve our US$ 25 billion target. We have also identified 50 specific product groups that have immense export potential. The Council will provide credible information about export markets to its members regularly by way B2B exhibitions, seminars, participation in foreign exhibitions and also by way of setting up warehouses & permanent exhibitions in markets like USA & Europe.”

Talking about the key priorities, Goenka added, “PLEXCONCIL is of the view that the RoDTEP rates for plastics products should be fixed in line with MEIS rates. Indian processors are not at level playing field when comparing our cost of production to those enjoyed by our competitors in the ASEAN region. Logistics form a very integral part of export cost to plastics’ processors and this must be reduced in line with global average to boost our competitiveness. Logistic costs & Electricity costs are very high in India as compared to NEA countries. Either reasonable rates are offered to exporting units or a reasonable RoDTEP rates are fixed to partly compensate the extra costs. Free Trade Agreements need to be renegotiated to boost plastic exports. India’s plastics are mainly exported to Europe, North America and WANA region; and we urge the Government to forge a trade agreement with these regions/countries to increase opportunities and recognition for Indian manufactured products in these regions.”

Members of PLEXCONCIL have suggested that the Government should reduce the lead time for refunds (MEIS / GST) for exporters; reinstate GSP and sign an FTA with major export destinations particularly the United States; increase the rate of Drawback; simplify manufacturing and customs laws; improve the import clearance assessment systems; and work towards improving the Ease of Doing Business in India.

The Plastics Export Promotion Council (popularly known as PLEXCONCIL) sponsored by the Ministry of Commerce & Industry, Department of Commerce, Government of India, represents the exporting community in the Indian Plastics industry. 

+ posts

HrNxt.com Newsdesk has researchers and writers with an excellent domain knowledge about the talent ecosystem, and the business environment. The team keeps a tab on the latest happenings in the ecosystem to bring most relevant news and insights for our readers. You can connect with our newsdesk at newsdesk@hrnxt.com.

What's your take on this post ? Comment: