1000 Crore To Be Invested In Plastic Industry In Bengal


Kolkata: The Indian Plastics Federation (IPF) has decided to invest Rs 1,000 crore in Bengal in the next one year. Towards that end, it is going to set up a Poly Park capable of housing 3,000 manufacturing units.

This was announced recently by the president of IPF, and coming just before the 2018 edition of the Bengal Global Business Summit (BGBS), it is welcome news indeed.

Not just that, he said that, seeing the encouragement for the plastics industry in Bengal (as a result of the positive industrial climate brought about by the Chief Minister Mamata Banerjee-led Trinamool Congress Government) and the demand for plastic products in general, the organisation will be setting up quite a few Poly Parks in the near future. One is already up and running beside National Highway 6, popularly known as Mumbai Road.

The president of IPF also said that the organization would be participating in BGBS. Seeing this interest too, IPF has decided to hold the trade fair, Indplas in Kolkata from November 30 to December 3.