Is the plastic industry taking to the Internet for conducting transactions?
The traffic is gradually increasing. Plastic companies are also installing web-enabled ERPs for businesses. They are making available accounts for clients and getting all information about the inventory and sales position at the dealers and factory end. Every service of PlastIndia is e-enabled. Cello, for instance, have networked 11 factories and their export division. We have done work for companies like Cello, SSF Plastics Group and Kunduri Fabrics. The trade of the plastic industry is dominated by virgin polymers. But your B2B portal is only transacting on non-virgin polymers. Isnt this a serious limitation to your business model? We have carved out a niche and are focussing on engineering polymers and recycled plastic. The arena of virgin polymers is monopolised by a few players like Reliance Industries and IPCL. They have their own dealership networks. For sale of virgin polymers, we have to get the material directly from the manufacturers. But they prefer to do it directly. No ne
