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Prataap Snacks, a Rs 850-crore company, was founded in 2003 by brothers Amit and Apoorva Kumat and their friend Arvind Mehta.
MP businessman Amit Kumat began with an investment of just a few lakh rupees and three people in a 100-square-feet room and built the Rs 2,000 crore market cap company which today competes with the likes of Nestle India, Tata Consumer Products, Adani Wilmar, Britannia, Bikaji and Patanjali Foods.
The All India Plastic Manufacturers Association (AIPMA), in a study commissioned one and half years ago, has identified 553 plastic products which are being imported in large quantities and value in India between tariff lines with HSN code 3916 to 3926
India News: The All India Plastics Manufacturers Association (AIPMA) has called for a revision in import duties on plastic goods and inclusion of PLI scheme for t
India has the potential to emerge as a global plastic supplier and the domestic plastic market is expected to more than triple to reach Rs 10 lakh crore by 2027-28, officials said on Sunday. According to the All India Plastics Manufacturers' Association, the market size of plastics in India was Rs 3.5 lakh crore.