Government Initiatives
India’s plastics export sector continues to show strong and growth, supported by government initiatives and industry efforts. Plastics exports have expanded significantly from just US$ 16.5 million at inception to over US$ 12.5 billion, reaching more than 200 countries, reflecting India’s emergence as a reliable global sourcing hub. During April-September 2025, exports rose to US$ 6.4 billion, registering steady growth over the previous year. The government has played a key role by promoting quality manufacturing, expanding Free Trade Agreements (FTAs), and supporting exporters through institutions like PLEXCONCIL, which provides market intelligence, trade facilitation, and capacity-building initiatives. Additionally, policy focus on sustainability such as encouraging recycling, reuse, and circular economy practices along with the ‘Make in India’ push, is further strengthening the sector’s global competitiveness and long-term export potential.
The Plastic Export Promotion Council (PLEXCONCIL) has set a target to increase the plastic exports of the country to US$ 25 billion by 2027. There are multiple plastic parks that are being set up in the country in a phased manner that will help improve the plastic manufacturing outputs of the country. Under the plastic park schemes, the Government of India provides funds of up to 50% of the project costs or a ceiling cost of Rs. 40 crore (US$ 5 million) per project.
Government initiatives like “Digital India”, “Make in India”, and “Skill India” will also boost India’s Plastic industry. For instance, under the “Digital India” program, the government aims to reduce the import dependence on products from other countries, which will lift the local plastic part manufacturers.
The government also launched a program for building Centres of Excellence (CoEs) to develop the existing petrochemical technology and promote the research environment pertaining to the sector in the country. This will aid in promoting and developing new applications of polymers and plastics in the country. Additionally, about 23 Central Institute of Plastics Engineering & Technology (CIPET) have been approved to accelerate financial and technological collaboration for promoting skills in the chemicals and petrochemicals sector.