Monthly Archives: July 2015

PET Mold Industry Vital for Indian Economy

When certain environmentalists, consumer rights activists and even the National Green Tribunal (NGT) in India voiced their apprehensions on PET (polyethylene terephthalate) technology being used for packaging of food products and medicines, scientists conducted extensive studies to nullify such fears. The findings of these authentic studies as well as global certifications reiterated that PET bottles are safe for pharmaceutical packaging. The All India Plastics Manufacturers Association also echoed the message that the Indian standards at times are more stringent than international standards.

Simultaneously, the FICCI (Federation of Indian Chambers of Commerce and Industry) in association with Strategy&, the monitoring wing of global market survey and consultant, Price Waterhouse Coopers (PWC) also undertook a study on the proposal to impose a ban to restrict the use of plastics for packaging of all FMCG and non-essential items. Their observation was that an outright ban on use of polymer based materials like PET for packaging is not a prudent solution to address the concerns raised. Continue reading