The Indian plastics industry made a promising beginning in 1957 with the production of polystyrene. Thereafter, significant progress has been made and the industry has grown and diversified rapidly. Currently, the Indian plastics industry is spread across the country, employing about 4 million people and over 2,000 exporters. It operates more than 30,000 processing units, of which 85 per cent to 90 per cent are small and medium enterprises (SMEs).
Steady Growth in Exports
India is one of the most promising exporters of plastics among developing countries. The Indian plastics industry produces and exports a wide range of raw materials, plastic moulded extruded goods, polyester films, laminates, moulded/ soft luggage items, writing instruments, plastic woven sacks and bags, PVC leather cloth and sheeting, packaging, consumer goods, sanitary fittings, electrical accessories, laboratory/ medical surgical ware and travel ware, among other products.
Key Markets and Export Destinations
- In 2011–12, exports of Indian plastics stood at US$ 7.19 billion, registering a growth of approximately 47 per cent over the previous year
- Indian plastics exports have grown at a rate of 19.9 per cent since 2007–08
- Products from the Indian plastics industry are exported to more than 150 countries ;major trading partners being China, the US, the UAE, Turkey, Italy, the UK, Indonesia, Germany, Vietnam, Bangladesh, Nigeria, Pakistan, South Africa, Brazil, Singapore, Saudi Arabia, Nepal, Egypt, Sri Lanka and the Netherlands
Plastics Export Promotion Council
The Plastics Export Promotion Council (PLEXCONCIL) is the apex government body for the promotion of exports by the Indian plastics industry. The members of the council comprise large/medium/small-scale manufacturers and exporters. It facilitates exporters through various export promotion activities such as participating in international trade fairs, exploring newer markets, organising buyer seller meets both in India and overseas, and other need based activities.
Crystal Tower, Ground Floor
Gundivali Road No. 3
Off Sir M. V. Road
Mumbai – 400069
Tel: +91-22-2683 3951/ 52
Fax: +91-22-2683 3953/ 4057
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