In a resounding testament to India’s commitment to tackling plastic pollution and fostering sustainable practices, Media Fusion and Crain Communications have jointly announced the inaugural edition of the Plastics Recycling Show India 2024 (PRSI). Scheduled to be held from December 4th to 6th at the Bombay Exhibition Centre in Mumbai, PRSI 2024 marks a significant milestone in India’s journey towards effective plastic waste management.
With India witnessing a remarkable surge in plastic consumption, the nation’s total market volume reached 9.9 million tons in 2023. Projections indicate a continued upward trajectory, with estimates suggesting a surge to 23.7 million tons by 2032, growing at a Compound Annual Growth Rate (CAGR) of 9.86% from 2024 to 2032. Against this backdrop, PRSI 2024 emerges as a crucial platform for industry stakeholders to converge, collaborate, and drive meaningful progress.
Taher Patrawala, Managing Director of Media Fusion, underscored the significance of the event in light of global shifts towards sustainability. He emphasised the proactive measures taken by the Indian government, including bans on various single-use plastic items and the implementation of Extended Producer Responsibility (EPR) regulations. Patrawala expressed confidence that PRSI 2024 would play a pivotal role in advancing the nation’s agenda of responsible plastic usage and waste management.
The three-day event will comprise an expo and a high-level conference, bringing together delegates, thought leaders, innovators, and technology providers from the plastics recycling industry. Key themes to be addressed include circular economy principles, sustainable packaging, regulations, challenges, opportunities, innovations, technologies, and trends. The conference aims to facilitate knowledge exchange and collaboration towards building a greener future.
PRSI 2024 follows an insightful roundtable conference held in Mumbai, where industry thought leaders deliberated on pressing challenges and opportunities in plastics recycling. Esteemed panellists from organisations such as the Bureau of Indian Standards, Alliance to End Plastic Waste, INDIAN PLASTICS INSTITUTE – IPI, Mumbai Sustainability Centre, and Brihanmumbai Municipal Corporation engaged in discussions on enhancing recycling infrastructure, incentivising waste management, streamlining regulatory frameworks, and fostering collaboration across the value chain.
Matthew Barber, Global Events Director at Crain Communications, highlighted the global recognition of the PRS brand for its expertise in uniting the plastics recycling value chain. Building on the success of PRS events in Europe and the Middle East, PRSI 2024 aims to address the pressing need for industry practices to meet legislative mandates.
India’s plastics industry, a significant contributor across sectors such as automotive, construction, electronics, healthcare, textiles, and FMCG, has set ambitious targets for recycling. With India’s plastic recycling rate averaging 13%, surpassing the global average of 9%, the nation’s approach serves as a beacon for global leaders in combating plastic pollution.
