EXPO PLAST 2016 in Peru, gateway to Indian plastic industry
The Federation of Indian Chambers of Commerce and Industry (FICCI) and the Ministry of Commerce, Government of India, organized the India Pavilion at the International Plastic Expo (EXPO PLAST) in Lima, Peru from May 36, 2016, under the Market Access Initiative Scheme of the Government of India. Forty eight leading plastic manufacturers from India, across sectors, including products, raw materials, equipment and accessories and auxiliary teams and peripheral companies participated in the 'India Pavilion' of the seventh EXPO PLAST. The 'India Pavilion' ensuring 'Quality Plastics for the World' was inaugurated in the presence of Sandeep Chakravorty, Ambassador of India to Peru.
The EXPO PLAST PERU, the international exposition of the plastic industry, served as the
gateway to the plastic industry and related sectors of Peru, one of the fastest growing economies in Latin America.
This is the first time that Indian manufacturers of plastic participated in a specialized Fair of this magnitude in Peru under the India Banner.
The industry leaders from the Indian plastics companies were accompanied by representatives of the Organisation of Plastics Processors of India (OPPI), FICCI's support partner from India. Large corporate houses like Xpro, Chiripal Group and the National Plastics Industry supported the FICCI initiative in Peru.
To enhance trade and investment, two important MoUs were signed – an MoU between the OPPI and APPIPLAST, the Peruvian Association of Plastic Industry and the other between FICCI and the Lima Chamber of Commerce and INCHAM.
India and Peru are currently looking to sign a Free Trade Agreement (FTA) to take the bilateral trade from $1.5 billion to $2 billion.
Inaugural ceremony at India Pavilion at EXPO PLAST 2016.
India pavilion at EXPO PLAST 2016.