INDIAN PLASTIC INDUSTRY AT A GLANCE IN 2020 - 2021
The Indian Plastic 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.
The Indian plastics industry produces and exports a wide range of raw materials like plastic-moulded extruded goods, polyester films, moulded luggage items, writing instruments, plastic woven sacks and bags, polyvinyl chloride, leather cloth and sheeting, packaging, consumer goods, sanitary fittings, electrical accessories, laboratory or medical surgical ware, tarpaulins, laminates, fishnets, travel ware.
In FY20 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.
India exported plastics raw materials worth US$ 813 million in October 2020, and
the export during April 2020 to October 2020 was US$ 5.58 billion.
India exported plastics worth US$ 237.16 million in January 2021, and the export
during April 2020 to January 2021 was US$ 2.76 billion.
The total plastic and linoleum export during April 2020 to February 2021 was
US$ 6.73 billion and for the month of February 2021, it was US$ 630.94 million.
