CCI is a non-profit organisation engaged in manufacture of composites and other constituents of composites with professionals and based in Hyderabad.
The prime objective of the meet is to discuss the strategies and action plans to achieve 300 per cent growth during the current decade. About 30 exhibitors including international technology suppliers and research instituions from the UK, France, the US and Saudi Arabia are participating, Mr S Srinivas Rao, managing director of APITCO said while addressing presspersons here on Wednesday.
Describing about composites, he said these are combination of two bonding materials with resins which gives more strength than steel binding. They are lighter and stronger material used in making helmets, aircraft, trains, bus frames, etc. It saves fuel as it is lighter in nature, he said.
``India can save Rs 10,000 crore per annum in railways, private car manufacturing. About Rs 50,000 crore is lost due to corrosion in India. There is a need to develop corrosive composites and there is a demand for 5,000 software IT tools for manufacturing new varieties of software tool,'' according to Mr RK Mehta, chairman Composite Center (International). The total production of composites is about 5,000 tonnes in India which is just one per cent of global production of 5 million tonnes. Plans are ahead to make composites from vegetable products like feathers, bamboo, jute, etc, Mr Mehta added.