Thursday, 7 January 2016

Indian PET Preform Moulds Drive GDP and PPP

The formulators and manufacturers of FMCG (fast moving consumer goods) ought to be grateful to the polymer science. Its applications in the form PET (polyethylene terephthalate) containers have globally revolutionised the packaging in colourful and attractive shapes.

The relevance of these containers is best correlated as to how the bride at a wedding reception. Her colourful attire and also the manner in which she is bedecked in jewellery for the occasion reflect her prominence. 

The basic factor that lends credence to the PET mode of packaging is the steel mould (spelt mold in the US) used in the production of bottles and jars for the FMCG products like –

  • Mineral water and beverages including liquors and spirits
  • Ketch-ups and sauces, jams and marmalades
  • Edible oils
  • Personal care items from talcum powder, lotions to shampoos and hair oils etc. 

On this score, PET Preforms Mold Makers in Delhi have made a mark for their quality products and accessories. These components have a direct bearing on the process of capital goods manufacture, a fact that the government has recognised in its new Capital Goods Policy announced in October, 2015.

As for the makers of Preform Moulds Delhi will play a key role since there are issues in the newly framed policy that affect technology depth in various sub-sectors such as plastic injection moulding machinery, high volume PET pre-form moulding processes and blow moulding machinery.

Considering that a strong manufacturing sector is critical to sustained economic growth that generates employment potential in tune with India's ‘demographic dividend’ to build strategic self-reliance in key industries and promote encouraging trade balance. 

Having identified that India is presently the third largest economy of the world vis-à-vis Gross Domestic Product (GDP) on Purchasing Power Parity (PPP) basis, the country’s progress will be fuelled by the services in the consumer goods sector.

Thus companies like the Noida-based Ashish Tools will be decisive for better GDP and PPP in the times to come.