All Time Plastics has issued a clarification regarding the European Union's continued suspension of Generalised System of Preferences (GSP) benefits on plastic goods, providing important updates for its European market operations.

GSP Benefits Suspension Extended

The company has confirmed that the EU suspension of GSP benefits on plastic goods will continue until December 2028. This extended timeline provides clarity on the regulatory framework that will govern trade relations between the company and its European Union customers for the foreseeable future.

Pricing and Duty Structure Remains Stable

Despite the continued suspension of GSP benefits, All Time Plastics has assured that duty rates and prices for EU customers will remain unchanged. This stability in pricing structure demonstrates the company's commitment to maintaining consistent commercial terms with its European clientele.

Market Implications

The company's announcement provides transparency regarding its European operations and helps stakeholders understand the regulatory environment affecting its plastic goods exports to the EU market. By maintaining unchanged duty rates and prices, the company appears to be absorbing any potential cost implications of the GSP benefits suspension.

This clarification from All Time Plastics offers certainty to European customers and investors regarding the company's pricing strategy and operational approach in the EU market despite the ongoing suspension of preferential trade benefits.

All time plastics Limited has signed a strategic Memorandum of Understanding with the North East Cane and Bamboo Development Council (NECBDC) to advance engineered bamboo initiatives in India's northeastern region. The agreement was formalized on January 25, 2026, marking a significant step toward sustainable material development and regional ecosystem growth.

Partnership Framework and Scope

The MoU was signed at Guwahati in the presence of Honourable Union Minister of Development of North Eastern Region, Shri Jyotiraditya M. Scindia. Under this agreement, ATPL has been empanelled as a Product and Market Development Partner (PMDP) to support initiatives relating to the development and value addition of engineered bamboo boards and panels originating from the North Eastern Region.

Strategic Focus Areas

The proposed engagement is designed to support ecosystem-level interventions across multiple critical areas. The collaboration will focus on product development and prototyping, manufacturing process inputs, and sustainability and certification readiness, including FSC and other applicable standards. Additionally, the partnership aims to establish domestic and export market linkage for engineered and value-added bamboo products.

The engagement provides ATPL with a structured entry point into the engineered bamboo ecosystem, aligned with its long-term focus on responsible sourcing and material diversification. Any commercial engagement, investment deployment, or revenue model will be governed exclusively through separate, assignment-specific agreements, subject to ATPL's internal approvals, commercial evaluation, and applicable regulatory requirements.

Leadership Perspectives

Commenting on the collaboration, Mr. Kailesh Shah, Chairman & Managing Director, All Time Plastics Limited, stated that the MoU provides a structured and policy-supported framework to explore collaboration in the engineered bamboo segment, which is gaining relevance globally as a sustainable and renewable material. He emphasized that the engagement aligns with the company's long-term priorities around material diversification, sustainability and responsible sourcing, while maintaining full commercial flexibility.

Mr. M.C. Omi Ningshen, Managing Director, NECBDC, highlighted that NECBDC is advancing the promotion of engineered bamboo as a modern, industrial material—moving beyond traditional uses to high-value boards, panels, and structural applications. He noted that the engagement brings critical industry expertise in product engineering, quality standardisation, and market-led design to help bridge the gap between bamboo clusters in the North Eastern Region and national as well as global markets.

Company Background

All Time Plastics Limited operates as a leading Indian manufacturer and exporter of injection-moulded household and consumerware products, with manufacturing operations dating back to 1971. The company operates three fully integrated manufacturing facilities located at Daman, Silvassa and Khatalwada (Gujarat), with an installed capacity of approximately 37,000 metric tonnes per annum as of Q2FY26.

The company has also established a pilot bamboo-based products facility, reflecting its focus on material innovation and sustainable product offerings. This existing infrastructure positions ATPL well for the expanded bamboo initiatives under the new partnership with NECBDC.

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