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AIMPA to organise 'Plastivision India 2020' from Jan 6th to 20th; MSMEs to avail 80% subsidy

Updated: Dec 19, 2019 09:09:23am
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AIMPA to organise 'Plastivision India 2020' from Jan 6th to 20th; MSMEs to avail 80% subsidy

Mumbai, Dec 19 (KNN) The All India Plastic Manufacturers Association (AIMPA) will organise exhibition named 'Plastivision India 2020' from January 16th to 20th here at the Bombay Exhibition Center (BEC), NESCO, Goregaon East.

''Registered MSME in plastics sector will showcase their company technologies, innovations, solutions, products & services at the exhibition,'' AIMPA said in their brochure.

AIMPA further stated that the scheme is applicable for only Micro and Small companies which need to put up a stall of size 3 x 3 = 9sqmtrs. These companies will pay 100% of the payment with applicable discounts and 80% of the stall cost which is 1, 50,000 is reimbursable from ministry as subsidy.

As per the broucher, the exhibition is expected to witness 1500 exhibitors, 2, 50,000 visitors while it is also expected to generate 2500 crore business and participants from 25 countries.

Notably, the MSMEs contribution is highly remarkable in the overall industrial economy of the country and has always been as backbone of Indian economy. In recent years the MSME sector has consistently registered higher growth rate compared to the overall industrial sector.

With its agility and dynamism, the sector has shown admirable innovativeness and adaptability.

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