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Indian Plastics Industry and Exports

Last Updated: November, 2021

Introduction

The plastic industry in India 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. The industry spans the country and hosts more than 2,000 exporters. It employs about 4 million people and comprises more than 30,000 processing units, 85-90% of which are small and medium-sized enterprises.

  • India exported plastics raw material worth US$ 352.04 million in July 2021, and the export during April 2021 to July 2021 was US$ 1.57 billion.
  • The total plastics raw material export during April 2021 to August 2021 was US$ 1.57 billion.
  • In FY21, India exported plastics raw material worth US$ 3.29 billion.
  • The total plastic and linoleum export during April 2021 to August 2021 was US$ 4.15 billion and for the month of August 2021, it was US$ 754.37 million.
  • The total plastic and linoleum export in FY21 was US$ 7.45 billion and for the month of March 2021, it was US$ 719.15 million.
  • In FY20, plastic and linoleum export from India stood at US$ 7.55 billion.
  • In FY21 export of plastic sheets, films, and plates stood at US$ 1.53 billion and packaging material was US$ 863.62 million.  
  • The Indian plastics industry produces and export a wide range of raw materials, plastic-moulded extruded goods, polyester films, moulded/ soft luggage items, writing instruments, plastic woven sacks and bags, polyvinyl chloride (PVC), leather cloth and sheeting, packaging, consumer goods, sanitary fittings, electrical accessories, laboratory/ medical surgical ware, tarpaulins, laminates, fishnets, travel ware, and others.
  • The Indian plastics industry offer excellent potential in terms of capacity, infrastructure, and skilled manpower. It is supported by many polymer producers, plastic process machinery and mould manufacturers in the country.
  • Among the industry’s major strengths is the availability of raw materials in the country. Thus, plastic processors do not have to depend on import. These raw materials, including polypropylene, high-density polyethylene, low-density polyethylene, and PVC, are manufactured domestically.

Recent Developments

The Department of Chemicals and Petrochemicals has approved 10 Plastic Parks in the country, out of which 6 parks have been given final approval in the below states:

  • Assam (1 nos.)
  • Madhya Pradesh (2 nos.)
  • Odisha (1 nos.)
  • Tamil Nadu (1 nos.)
  • Jharkhand (1 nos.)

The Detailed Project Reports are under evaluation for two Plastic Park in Uttarakhand and Chhattisgarh respectively and proposal for setting up of two new Plastic Parks are under process.

These Plastic Parks will help to achieve environmentally sustainable growth and increase employment.

Plastics Export Promotion Council

The Plastics Export Promotion Council (PLEXCONCIL) is the apex Government body responsible for the promotion of plastic export. PLEXCONCIL members comprise large-/medium-/small-scale manufacturers and exporters. The council supports exporters by participating in international trade fairs, exploring new markets, organising buyer- seller meets both in India and overseas, and engaging in various other promotion and need- based activities.

Source:

  • Directorate General of Commercial Intelligence and Statistics
  • Press Information Bureau

In FY20 (till January 2020), plastic exports stood at US$ 7.045 billion with the highest contribution from plastic raw materials at US$ 2.91 billion; plastic sheets, films, and plates at US$ 1.22 billion; and packaging materials at US$ 722.47 million.

Source:
Directorate General of Commercial Intelligence and Statistics (DGCIS)

Other Export Promotion Councils:

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.

Plastic  

The Plastics Export Promotion Council
Dynasty Business Park, B Wing, Ground Floor
Andheri Kurla Road, Andheri East
Mumbai – 400 059
India

 

Tel: +91 22 40170000
 Email: office@plexconcil.org
 Website: www.plexconcil.org

In FY20 (till January 2020), plastic exports stood at US$ 7.045 billion with the highest contribution from plastic raw materials at US$ 2.91 billion; plastic sheets, films, and plates at US$ 1.22 billion; and packaging materials at US$ 722.47 million.

Source:
Directorate General of Commercial Intelligence and Statistics (DGCIS)

Exports

Indian plastics industry