A 40 acre site in Kannur in north Kerala had been identified for the proposed park in which the AIPMA expected to attract Rs 2,000 crore investment, association senior Managing committee member and Chairman Statutory and Fiscal Policy Committee, Hiten Bheda, told reporters.

Discussions regarding the park were at an advanced stage with Kerala Infrastructure Development Authority KINFRA, he said.

He said plastics consumption in southern states was increasing and gradually replacing rubber thanks to the technological innovations in plastic and to avoid the risk of volatile prices of rubber.

Bheda said the two day Plastivison 2013 being held in Mumbai from Dec 12-16 will display the latest innovations and technologies in the plastics world.
    
Over 1,00,000 visitors and over 1,000 exhibitors from 30 countries are expected to participate in the exhibition. Nine countries that would have special pavilions include USA, China, EU, UK and Germany.

(Agencies)

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