Plastics and their role in economic development of India
Journal: Indian Journal of Economics and Development (Vol.9, No. 2)Publication Date: 2013-06-18
Authors : K.K.Chahal; Ramandeep Kaur; S. Kaushal;
Page : 184-193
Keywords : Plastic; development; biodegradable; employment.;
Abstract
The first man made plastic was created by Alexander Parkes called Parkesine from cellulose. Plastics are usually synthetic, most commonly derived from petrochemicals but many are partially natural. A plastic is primarily made up of binder, plasticizer, fillers, pigments and additives. Plastics are of two types namely thermoplastics and thermosets. The one critical factor that plagues the Indian plastic industry is the common perception that plastics are not environmentally friendly. This is mainly due to poor awareness about the energy saving properties of plastics and the benefits to industries that utilize plastics. India is the highest recycler of plastics. The Indian plastic industry is promising industry and is creating new employment opportunities for people of India. The per capita consumption of plastic products in India is growing. The Government of India is trying to set up the economic reforms to elevate and boost the plastic industry by joint ventures, foreign investments and entrepreneurs are trying to provide high quality plastic products so that it becomes a booming industry.
Other Latest Articles
- Gross national happiness and sustainable economic development in Bhutan: A qualitative analysis
- Overseas marriages: The course of events from marriage till abandonment
- Pattern of energy utilization in groundnut cultivation in Rajasthan
- Service quality assessment: A comparative analysis of multinational and Indian fast food restaurants
- A study into present status and future strategies for marginal and small land holders in Punjab
Last modified: 2016-06-13 09:45:01