Giant injection moulding Machines, Plastic Grinders, Pack and Place Robots, plastic granules, recycling machines, the latest technology available globally, and all kind of raw materials. Everything you could think of in the flourishing plastic industry is available under one roof at the sprawling 1,25,000 sq meter ‘Plastivision India 2023’ five-day exhibition held between December 7th to 11th at Bombay Exhibition Center (BEC) in Goregaon (E).
Riding high on the Make in India wave many international companies not only exhibited their existing capacity and innovation but also future expansion plans. Shibaura Machine Pvt Ltd is one of the leading high-end plastics injection moulding machines and auxiliary equipment manufacturers in India. SMI is a wholly owned company of Shibaura Machine Company of Japan. The international company is expecting exponential growth in the Indian plastic industry from all sectors be it in automobiles, transport, commercial or personal. Thereby, the company has decided to invest in Rs 300 crore new plant in Chennai.
“The automobile sector usually grows with the nation’s growth. We are seeing an increase in the Gross Domestic Product (GDP) and the Goods and Service Tax (GST) collection has also increased. This will certainly reflect in the automobile sector growth and we will be part of that growth. Thereby seeing this future need of demand we have decided to increase our capacity to manufacture the interjection machines,” said M Kumar, Managing Director at Shibaura Machine Pvt Ltd.
On the other hand, manufacturers of spare parts equipment lauded the Indian government’s Make in India initiative. “Earlier mostly all Original Equipment Manufacturers (OEMs) used to import the spare parts mainly from China, but now demand in India has also increased. The OEMs are prioritizing Make in India and Made in India products. The trend is increasing and with a boost for electrical vehicles we expect good sales,” said Nandakumar P, OMG Auto Mould Pvt Ltd. The company manufactures two and four-wheeler plastic components.
Small and medium-scale enterprises are not behind in the race. With innovations and technologies, the spare part vendors are ready to offer variety to the OEMs in the automobile industry. Vasai-based seat manufacturer Rudra Immpex has customised and personalised seat belts in different colours. “Seat Belt is mandatory today but people see it as compulsion. If we can customise it by writing names on it or by printing something colourful. People would wear them willingly,” said Nilesh Gada, founder of Rudra Immpex. The company provides seat belt water parks and resorts for roller coaster rides and in after-sales market. “We are a supplier in the after-sales market but would be able to provide customise or regular belts to OEMs if given an opportunity,” added Gada.
