Sino-indian plastic industrial production capacity cooperation advantages complementary prospect broad
Sino-indian plastic industrial production capacity cooperation advantages complementary prospect broad
"India has a huge potential demand for Chinese plastics processing equipment in areas such as cars, toys, agriculture and infrastructure construction." China and India in the recently held the third plastic industrial capacity cooperation entrepreneurs docking at the meeting, China plastics industry association executive vice President, treasurer, secretary-general LiDongPing, said the two countries plastic industrial development coexistence complementary advantages and interests. China is now the world's largest producer of plastic machinery, she said. China's plastic machinery industry accounts for about 23 percent of its annual output of 60 billion yuan, with export markets in more than 180 countries and regions. India machines in the top ten export market in China, since 2015 China plastics machinery industry association organization responding to a certain achievements on the sunset anti-dumping review of injection molding machine in China, China plastic machinery exports to India gradually return to growth, India China machines in the eighth largest exporter rose by 2014 in 2016 to the fourth largest exporter.
India's population has topped 1.2 billion, and the economy is now growing steadily, with growing demand for plastics. Current plastic annual consumption per capita in India is expected to increase by 2020 to 30 kg, at present only 9.9 kilograms per capita, but with the developed countries plastic per capita consumption of 100 kilograms of levels is a distance, the plastics industry development prospect is very broad.
Kuritan believes there is a huge potential demand for plastic processing equipment in areas such as automobiles, toys, agriculture and infrastructure construction. Automobile industry: the annual output value of the Indian automobile is over 122 billion usd, which is one of the world's six largest auto producing countries. With the development of plastic, it is necessary to drive the rapid growth of demand for plastic processing. Toy industry: India's toy industry has grown rapidly in recent years, and plastic, as the main material for producing toys, also benefits. Agriculture and infrastructure construction areas: agriculture and infrastructure construction is two key areas in the development of India, but India's application in the field of the two plastic ratio lags behind that of the developing countries. In agriculture, the average country USES a plastic ratio of 7%, compared with 1% in India. In terms of infrastructure construction, the average country has about two and a half percent of plastic consumption, and India has only two, and there is still room for improvement.
It is understood that the ccpit adopt the B2B negotiation purchasing mode, according to the plastic machinery, mould, plastic parts and auxiliary machinery, chemical industry and raw materials, detailed classification and supply and demand, for enterprises to carry out the scene matching between the two countries for entrepreneurs set up a two-way interaction and the choice of high quality, highly effective platform.
India is a traditional power on the silk road. China is India's largest trading partner. In 2016, the two sides established a new target of us $100 billion in bilateral trade volume in 2018. It is expected that by 2018, India's plastic production will double, from 7.5 million tons a year to 15 million tons a year, and the cooperation between China and India in plastic production capacity will be better for mutual benefit.
Host, west mike international exhibition co., LTD., deputy general manager Yang Ming, since 2015, west mike has for three consecutive years group plastic industry cooperation capacity entrepreneurs ccpit, performance significantly. The ccpit will "please come in" and "going out", more abundant information, supply and demand matching degree is higher, more detailed classification, Angle is wider, deeper by China and India are the representatives of both parties. Chinese companies in the field said that such a form of interconnection would be ideal, and that access to such a large Indian procurement mission would bring them a lot of business opportunities and a lot of success.
