To provide impetus on research activity and meet the huge requirement of skilled manpower, Ananth Kumar, Minister of chemicals and fertilizers, announced to set up 100 Central Institute of Plastic Engineering and Technology (CIPET).
CIPET is an accredited national institution devoted to Academic, Technology Support & Research (ATR), which works for the growth of polymer and allied industries in the country. It provides a blend of specialized courses in fields of Plastic Engineering and Technology, diploma, post diploma, undergraduate, post graduate or doctoral. To further expand its reach, CIPET has signed MoU with several leading International Universities for faculty and student exchange program, bilateral R & D initiative and collaborative research projects.
While addressing the sixth national awards for technology in innovation in petrochemicals and downstream plastic processing industry in New Delhi on January 20, Mr. Kumar said, “There is so much talent in the country in this sector and there is need to harness, map and support them so that there are more innovation and research development activities take place. The country needs more value addition of the refinery output so that the polymer industry grows up fast and create new products and does import substitution.”
He also said that the awareness campaign, regarding the benefits and range of polymer products and also to reuse and recycle them, should be installed.
In present, CIPETs are present across 28 locations in India. This decision to increase the number of institutes is very crucial because the plastic processing industry is highly fragmented in India. Around 75% of the plastic processing units in India are operated through small sectors of India. This move will create more organized sector for plastic processing industry. Also the waste plastics, which currently comes in less use, will be reused and recycled efficiently.
Petrochemical industry is one of the pivotal industries for the development of manufacturing sector as well as for the economic growth of India. Plastic processing industry will contribute to various areas like modern farming through plasticulture, packaging for processed foods, and plastics for automobiles and consumer durables and non-durables. It will also play role in infrastructure development by using cost effective plastics and in telecommunication and service sectors by coming up with new products.