Wait...
Search Global Export Import Trade Data
Recent Searches: No Recent Searches

Plastics finished goods exports to double at $15billion in 5 years.


Date: 10-09-2016
Subject: Plastics finished goods exports to double at $15billion in 5 years
The country’s export of plastics finished goods is set to nearly double to $15 billion in the next five years from the present $7.9 billion, according to a top official from the plastics industry.

“The export of plastics finished goods is set to nearly double to $15 billion in next five years. The country exports $7.9 billion worth plastics finished goods. The industry is determined to play a significant role in executing government’s vision of raising exports to $900 billion by 2020,” Plastindia Foundation president K K Seksaria told reporters after the formal launch of ‘Plastindia 2018’ here today.

Plastics is one of the fastest growing industries in India witnessing a double digit growth rate annually, on an average.

Initiatives like Make in India, Skill India, Digital India, Swachh Bharat Abhiyan and Start up India by government are opening up opportunities for even more accelerated growth in this industry, Seksaria said.

The domestic plastics consumption is also set to increase from the current 12 million metric tonnes per annum to 20 million metric tonnes per annum by 2020 due to rapid growth of infrastructure, agri and automobile sectors.

By 2020, plastics consumption in India is set to increase from the current 12 million metric tonnes per annum to 20 million metric tonnes per annum.

India will deploy 1,80,000 machines by 2020 as compared to the current 1,13,000, Chairman of National Executive Council, Palstindia 2018, Rajeev Chitalia said.

Indian plastics industry is geared up for the challenges of quantitative and qualitative growth for serving the nation and its citizens and also to take the country to a higher growth path, Seksaria said.

‘Plastindia 201 8- 10th International Plastics Exhibition & Conference’, will be held in February 2018 at Gandhinagar in Gujarat. About 2,000 companies including 600 from across 40 countries would display their products, technologies and innovations.

Source : financialexpress.com

Get Sample Now

Which service(s) are you interested in?
 Export Data
 Import Data
 Both
 Buyers
 Suppliers
 Both
OR
 Exim Help
+


What is New?

Date: 18-09-2025
Corrigendum
Corrigendum to Notification No. 9/2025 – Central Tax (Rate) dated 17.09.2025

Date: 17-09-2025
Notification No. 13/2025-Central Tax (Rate)
Seeks to amend Notification No. 21/2018- Central Tax (Rate) dated 26.07.2018.

Date: 17-09-2025
Notification No. 14/2025-Central Tax (Rate)
Seeks to notify GST rate for bricks.

Date: 17-09-2025
Notification No. 37/ 2025-Customs
Seeks to amend Notification No.19/2019-Customs dated 06.07.2019

Date: 17-09-2025
Notification No. 38/ 2025-Customs
Seeks to amend Notification No.29/2025-Customs dated 09.05.2025

Date: 17-09-2025
Notification No. 39/2025-Customs
Seeks to amend Notification No.50/2017-Customs, dated 30.06.2017

Date: 17-09-2025
NOTIFICATIONNo. 15/2025 – Central Tax
Seeks to exempt taxpayer with annual turnover less than Rs 2 Crore from filing annual return.

Date: 17-09-2025
NOTIFICATION No. 16/2025–Central Tax
Seeks to notify clauses (ii), (iii) of section 121, section 122 to section 124 and section 126 to 134 of Finance Act, 2025 to come into force.

Date: 17-09-2025
Notification No. 12/2025-Central Tax (Rate)
Seeks to amend Notification No. 8/2018- Central Tax (Rate) dated 25.01.2018.

Date: 17-09-2025
NOTIFICATION No. 14/2025 – Central Tax
Seeks to notify category of persons under section 54(6).



Exim Guru Copyright © 1999-2025 Exim Guru. All Rights Reserved.
The information presented on the site is believed to be accurate. However, InfodriveIndia takes no legal responsibilities for the validity of the information.
Please read our Terms of Use and Privacy Policy before you use this Export Import Data Directory.

EximGuru.com

C/o InfodriveIndia Pvt Ltd
F-19, Pocket F, Okhla Phase-I
Okhla Industrial Area
New Delhi - 110020, India
Phone : 011 - 40703001