Plastics Recycling Show India 2024 Spotlighting the Rapid Evolution of India’s Plastics Recycling Market

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Plastics Recycling Show India 2024 Spotlighting the Rapid Evolution of India's Plastics Recycling Market

Media Fusion and Crain Communications, renowned global event organizers, have proudly announced the inaugural edition of the Plastics Recycling Show India 2024 (PRSI). Scheduled to be held at Hall 4, Bombay Exhibition Centre in Mumbai from 4th to 6th December 2024, PRSI 2024 marks the entry of the esteemed Plastics Recycling Show brand into the Indian market. With India witnessing a total market volume of 9.9 million tons in 2023 and a projected growth to 23.7 million tons by 2032, growing at a CAGR of 9.86% from 2024 to 2032, PRSI 2024 is poised to be a pivotal event for stakeholders in the industry.

Highlighting the significance of the event, Taher Patrawala, Managing Director of Media Fusion, stated, “In the face of a global shift towards sustainable practices, it is essential for countries to address the critical issue of plastic pollution. With the proactive measures taken by the Indian government, including the ban on various single-use plastic items and the implementation of Extended Producer Responsibility (EPR) regulations, the groundwork has been laid for significant advancements in plastic waste management.

The launch of Plastics Recycling Show India (PRSI) signifies a crucial moment in our commitment to tackling this challenge head-on. Bringing PRS to India following successful editions in the Middle East and Europe underscores the country’s dedication to fostering a sustainable future and aligns with government initiatives aimed at promoting responsible plastic usage and waste management.”

The three-day expo and accompanying high-level plastics recycling and sustainable packaging conference will bring together delegates, thought leaders, innovators, and technology providers in the plastics recycling industry, facilitating collaborations and driving meaningful progress towards a sustainable future. Suppliers, manufacturers, technology specialists, waste managers, consultants, and emerging players in the industry will gather to explore business opportunities under one roof.

The conference, running parallel to the exhibition, will feature international experts addressing key themes such as circular economy principles, sustainable packaging, regulations, challenges, opportunities, innovations, technologies, and trends, sharing insights and experiences from across the plastics sector to advance a green future.

The PRSI 2024 unveiling followed a enlightening roundtable conference in Mumbai, where leaders in the plastics recycling industry gathered to discuss the key challenges and opportunities. Esteemed panelists, including representatives from the Bureau of Indian Standards, Alliance to End Plastic Waste, INDIAN PLASTICS INSTITUTE – IPI, Mumbai Sustainability Centre, Brihanmumbai Municipal Corporation, and other influential stakeholders, participated in insightful discussions on improving recycling infrastructure, incentivizing waste management, addressing sectoral deficiencies, streamlining regulatory frameworks, and promoting collaboration across the value chain.

The conversation emphasized the unique challenges faced by Mumbai and emphasized the importance of united action in addressing them. Matthew Barber, Global Events Director at Crain Communications, commented, “PRS is a globally recognized brand known for its ability to bring together the entire plastics recycling value chain on one platform in Europe, the Middle East, and South-East Asia. The PRS Show has been growing steadily since its launch in Europe in 2015. Building on this success, we are thrilled to introduce PRS to India.

With legislation mandating specific criteria, there is an urgent need to explore industry practices to meet these targets.” India’s plastics industry is a significant driver of economic growth, contributing significantly to sectors such as automotive, construction, electronics, healthcare, textiles, and FMCG.

India’s plastic recycling rate of 13%, exceeding the global average of 9% and surpassing some developed economies that only recycle 4%, reflects the nation’s ambitious recycling efforts and aims to inspire global leaders in the fight against plastic pollution. As the first dedicated platform for the plastics recycling industry in India, PRSI 2024 promises to drive innovation, foster partnerships, and promote meaningful change towards a circular economy.

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