Measures for protecting the environment throw up alternative business opportunities as well. The banning of plastic bags in Goa from 30 May, for instance, could have knocked Kemplastic Systems out of the market, but instead the company has begun making bags from biodegradable plastic and corn starch.
Kemplastic Systems, launched in 2005 and based in Old Goa, had been manufacturing 80,000 plastic bags per month. The ban put its entire business in jeopardy, but the company have now tied up with Luibeg Environmental Technologies in the United Kingdom to go biodegradable.
Omkar Kamat, who runs Kemplastic Systems. . .
