Recognising Innovation and Excellence
ET Polymers|April - May 2021
With several yardsticks to measure success available to companies in any industrial sector, being recognised for innovation and excellence remains a major factor. The 5th edition of the ET Polymers Awards did just that – recognised and honoured these achievements in the plastics and polymer industries
Kruti Bharadva
Recognising Innovation and Excellence

The 5th edition of The Economic Times Polymers Awards – a platform which recognises and celebrates excellence achieved by Indian plastics processing industry across different segments - including - Automotive, Consumer Durables, Electricals & Electronics, Toys & Playing Equipment, Houseware & Kitchenware, Packaging, Medical Devices & Healthcare Equipment and Recycling – were held on 25th March, 2021 at the Taj Lands End Bandra, Mumbai.

The awards presenting partner was Exxon Mobil Lubricants Ltd and Gold Partner was Yudo Hot Runners India Pvt Ltd. Industry Partners were the All India Plastics Manufacturers Association and Plast Vison India. The event began with the traditional lamp lighting by Mr. Chandrakant Turakhia, President, AIPMA; Mr. Rishi Sutrave, Brand Publisher, World Wide Media and Mr Vishal Agarwal, President, Yudo Hot Runners India Pvt Ltd. This was followed by opening statements from all partners as well as the Assistant Editor of ET Polymers magazine.

An Overview

The Indian plastics industry continues to be an important sector contributing towards the economy – comprising of around 25,000 companies and employing over three million people. The domestic capacity for polymer production was 5.72m tonnes in 2009. The State of Gujarat in Western India is the leading plastics processing hub and accounts for the largest number of plastics manufacturers, with over 5,000 plastics firms. Automotive and packaging remain the highest consumers of plastics in the country.

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