Rising polymer prices pose new challenge for MSMEs in Tamil Nadu

Micro, Small and Medium Enterprises (MSMEs) across Tamil Nadu, which spent huge sums on raw material procurement after the lockdown was lifted, face a new challenge: the rising polymer price and a huge shortage of the material. With the Tamil Nadu going to the polls, these units feel they are being orphaned, and any further delay in relief will worsen their lot. R. Selvam, a plastic components manufacturer at the Thirumudivakkam Industrial Estate, says there is an acute shortage of polymers, especially engineering polymers such as nylons, polybutylene terephthalate, polyacetal and polycarbonate that are used in the automotive industry.