AIPMA to Clash with the Plastic Raw Material Suppliers

Production of plastic goods and commodities is adversely affected because of the increase in the costs of polymers. Firms like the All India Plastics Manufacturers' Association (AIPMA) are protesting against the sharp hike in raw material prices by the plastic raw material suppliers. Such uncertainty in the cost and supply of the raw materials has agitated the manufacturers of plastic goods. Thus, the nationwide chaos has led the AIPMA to come to the forefront and raise a voice against the plastic raw material suppliers. In a letter to the Honourable Prime Minister of India, the AIPMA expresses the need and sites the difficulty which manufacturers are facing. In its letter AIPMA, the non-profit apex body for plastic goods manufacturers mentions how the plastic raw material suppliers are resorting to price hike by limiting the supply in their native ground.

Plastic Raw Material Suppliers | Image Resource : imimg.com

Moreover, AIPMA has also raised a voice against the large-scale exporting of raw materials and how it has led to the current situation of crisis of raw materials in the Indian market. Thus, the AIPMA proposes that the only way to counter the market threat is by imposing a ban or restriction on the export of raw materials by the plastic raw material suppliers. A ban or restriction, would not just lead to a substantial flow in the supply of raw materials, but it will also cut down on high prices charged by the various plastic raw material suppliers. The AIPMA is home to around 50 lacs employs and contributes a total of more than Rs 300,000 crores to India's GDP. Considering the nation's welfare and its people, the All India Plastics Manufacturers' Association had also published an article in the national newspaper where it appeals to coincide with the employees' plead. The AIPMA continues to being called a non-profit and apex body operating to look after the nation and its natives.

Not only does AIPMA work to contribute to the Indian economy, but also employs so many. Its achievements are celebrated globally, as the AIPMA has also represented India on foreign grounds. The plastic exhibition named Plastivision is a worldwide famous event that is held on a grand scale. Businessmen from around the world are known to attend this event that is held in India and the UAE. Looking at the efforts made by the AIPMA towards improving the overall condition of the nation, it has been awarded the prestigious authority of issuing Certificate of Origin to Businesses that sell their goods and commodities overseas.