Just think. In India, there are hundreds of steel manufacturers. There are thousands of steel fabricators. There are millions of steel products in our every day lives. A few decades ago, they said plastics would replace steel. There are a handful of polymer manufacturers. There are dozens of plastic processors. There are hundreds of plastic products in our every day lives. Get the difference?
There are theories and theories. This is one: in the days of cheap steel and cheap oil, there was no incentive to switch.
In the last few years, both have hardened, neutralising probable switches again. With oil and ore continuing to strengthen, there is no macro transition happening except what is driven by innovation-led fabricators who can switch media, generate savings (potentially shared by company and consumer) and enhance convenience.
The one company that is doing just this is the Mumbai-based Time Technoplast Limited. The description of
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
